The digital sandbox is a testing environment that enables FCA to experiment with proof-of-concept to support businesses in the early stages of product development. In addition to innovators, Perpetual Sandbox welcomes applications from data providers to list their data on the platform and gain traffic and insights into its usage.

So far, the platform is only temporarily available to those participating in the pilot and TechSprint.

Participants in the permanent digital sandbox will have permanent access to:

High-quality data sets and application program Interfaces (apis) : includes more than 200 synthetic, public, or anonymous data sets and more than 1,000 apis for testing and validating technology solutions. The scope covers payment and transaction data, social media data, investments, company buildings and credit data.

Strong data security protection: The platform has an integrated development environment that protects data assets on the platform while conducting experiments.

Collaboration platform: Foster diversity of ideas, share experiences and foster an ecosystem among teams, observers and mentors.

Observation Desk: enables regulators, incumbents and other interested parties to observe in-flight tests at a technical level.

From August 1, 2023, you will be able to apply for a permanent digital sandbox based on any of the following topics:

Banking industry

invest

loan

payment

insurance

pension

Wholesale buyer

Wholesale seller

cross-department

To ensure FCA is serving the right audience and having the intended impact, we will assess you against the following criteria:

In the scope of application

True innovation

Consumer benefit

readiness

Need support

The approval process can take up to four weeks.