Upgrade to Pro — share decks privately, control downloads, hide ads and more …

FinProof – Enterprise-grade solution for bug-fr...

Avatar for FinProof Team FinProof Team
September 21, 2016

FinProof – Enterprise-grade solution for bug-free financial software development (Startup Sauna Local Event, Moscow)

Avatar for FinProof Team

FinProof Team

September 21, 2016
Tweet

More Decks by FinProof Team

Other Decks in Business

Transcript

  1. Problem QA: 35% of IT budget, and rapidly increasing Software

    defects mitigation: $59.5B Notable failures: • KCG: -$440M in 2012 • The DAO: -$50M in 2016
  2. Pythagorean theorem Testing Proving Checked for this one. True Haven’t

    you forget to check this one? a2 + b2 = c2 Checked for this one. True Checked for this one. True
  3. Business Model Financial Institutions • Per-server licensing • Outsourcing and

    consulting services Developers • Free development license • Paid consulting services • Paid training programs
  4. Landscape / Competitors FinTech Transportation & Aerospace ≥ 20 years

    of formal methods usage in the industry £1m in a seed round by KRW Schindler in 2016
  5. Team Andrey Lyashin, [email protected] Founder, evangelist, scientific advisor Blockchain systems

    formalization, certified programming evangelist, artificial intelligence, robotics. Sergey Kazenyuk, [email protected] CTO, product architect, lead developer Programming language theory and certified programming researcher; financial and blockchain products developer; Bitcoin, Monero cryptocurrency project contributor; former Intel employee. Sergey Egorov, [email protected] CEO Banking IT-products development managing director, former QA department director at Oracle/Sun Microsystems.
  6. Progress A lot of interest from: • Banks, 5 •

    Payment processors, 4 • Trading robots developers, 3 • Software vendors, 3 Pilot project with Top-20 Russian bank