Public-Private Secondments
for SupTech Innovation
Advancing global financial supervision through public-private collaboration
Co-led by the Cambridge SupTech Lab and the World Economic Forum
Does your financial authority need resources to harness digital transformation and keep pace with market innovation?
Is your company interested in sharing the unique skill set and expertise of your workforce to support public sector innovation?
The Public-Private Secondments for SupTech Innovation initiative pairs highly trained experts from the private sector with financial authorities around the world for short-term, remote and in-person secondments that accelerate the digital transformation of financial supervision, leading to a more efficient, safer and sounder global financial system.
For More Information, Download The Overview Document
Private Sector
Explore how your company can contribute its expertise.
Public Sector
Learn how your identified gaps and needs can be addressed.
Also Available For
Individual Experts
Find out how to be seconded to the Cambridge SupTech Lab.
Join Forces And Multiply Impact
- Accelerate the adoption of suptech solutions, digital transformation strategies, data governance frameworks and more at financial authorities within emerging markets and developing economies.
- Increase awareness of suptech within the private sector and provide them with the opportunity to expand expertise to a new environment.
- Provide individual employees within the private sector with an opportunity to make a real, tangible impact in supporting the digital transformation of the public sector.
- Counter the ‘brain drain’ narrative by lending expertise from the private to public sector, and from expats to their regions of origin, igniting cultures of innovation in public agencies that contribute to talent retention.
How It Works
Private sector collaborators are invited to second their employees to financial authorities. The initiative provides opportunities for short-term (up to six months), part-time or full-time, in-person or remote, secondments to contribute to specific components of the agencies’ digital transformation projects. Secondees will remain on the payroll of their employer for the duration of the assignment.
The Cambridge SupTech Lab and World Economic Forum will facilitate the collaboration between the organisations and support the secondee from start to finish.
FAQ
Is there a deadline to submit my interest to participate in the Public-Private Secondments for SupTech Innovation initiative?
Applications from both financial authorities and private sector collaborators to participate in the inaugural round of the initiative will be accepted until September 15, 2024. We plan on opening future rounds thereafter – stay tuned!
Which companies and financial authorities are involved?
We will soon update this webpage and share the list of inaugural participants of the Public-Private Secondments for SupTech Innovation initiative.
Is there a cost to participate in this initiative?
The private sector collaborator will be responsible for the majority of programme-related costs. This includes the continued salary payments to the secondee including all benefits as stipulated in their employment contract. If travel to the deployment country is required, flight, accommodation and visa costs are to be carried by the private sector collaborators as well. Additional stipends or cost coverages can be discussed on a case-by-case basis.
Which countries are eligible to participate?
Private sector collaborators from all countries are encouraged to support the initiative. Priority will be given to projects with financial supervisory authorities from emerging markets and developing economies.
Which secondee profiles are you looking for?
Needed profiles will vary depending on the specific gap and challenge identified by the relevant financial authority in each project. In many cases, we are looking for data scientists, technologists, product managers and business analysts that possess expertise in areas such as cybersecurity risks, advanced text or image processing, prescriptive or predictive analytics, AI based collection tools, AI driven business intelligence, application programming interfaces, dashboards or data visualisations, task automation and big data.
Which projects are eligible to gain support through a secondee?
Financial authorities are invited to outline their needs and share their ideas for projects with the Cambridge SupTech Lab and/or the World Economic Forum. Projects should aim to tackle challenges faced in the development or deployment of suptech solutions from data collection, processing, storage, analytics or data products. For example, projects could be related to areas such as cybersecurity risks, advanced text or image processing, prescriptive or predictive analytics, AI based collection tools, application programming interfaces, dashboards or data visualizations, task automation and big data. A list of additional examples can be found in the overview document for download on this webpage.
How long is the secondment cycle?
Terms of each secondment will be flexibly arranged depending on the needs of both the corporate collaborator and the financial authority involved. Secondment assignments may last from a few weeks to six months, be arranged on a part-time or full-time basis, and take place remotely, with site visits, or completely on-site.
Whom can I contact for more information?
Please complete the contact form here or email cambridgesuptechlab@jbs.cam.ac.uk with questions, comments and ideas.