Canadian lender Scotiabank has set up a new digital factory in Toronto that will design and deliver digital innovations and solutions for its customers.

Designed as an innovation hub, the new facility will serve as a place where the bank can collaborate with fintech providers and start-ups to deliver effective customer solutions, Scotiabank stated.

The facility will accommodate over 350 technology staffers, including both existing and new employees, all focused on helping the bank deliver a seamless, personalised experience to its customers.

It will serve as home to user interface and user experience designers; scrum masters, agile coaches, solution architects; data scientists as well as other advanced analytics specialists.

The digital factory is expected to start operations from the middle of 2016.

Scotiabank executive vice president and co-head, information technology, Michael Zerbs commented: "Scotiabank’s Digital Factory will create an environment where our teams can be flexible, adventurous, empowered and challenged to design and deliver a game-changing customer experience. We are excited to engage top technology minds to help us deliver on that experience."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.