A tale of 44 cities |New Hubs New Hubs The following section contains an analysis of the 24 FinTech Hubs that are new additions to the Index Performance Scores Hub Indicators Connecting Global FinTech : Hub Review report. The analysis captures the following insights: The Index Score is the aggregated total of the These Hub indicators are based on three indices on the outer circle: self-assessments from Hub 1. An Index Performance Score that combines these key indices: • Global Fin Centre Representatives and indicate the • Global Innovation Index (released 15 August 2016) strength of each component part of • Doing Business their FinTech ecosystem on a scale S of Not Good to Excellent. e lf e va u l a t i o n • Global Financial Centre Index (released September 2016) o f t H h e u h b u b i i n n d i s c • Global Innovation Index i High Rank x a k t e o y r s a r e a • Doing Business Index (released October 2016) s S il i c on V The Index Performance Score can be found in the centre of each Hub’s dedicated diagram. H all G e o o y v n e g r K n The topleft quadrant shows how the Index Performance Score compares to other Hubs. on m G e l g o b n a l F i n t C e n t s r e u p S p e o ou r If a Hub receives a lower Index Performance Score, it can be said that the Hub is more conducive l t to FinTech growth. However, the analysis is not designed to rank each of these Hubs, as a more Z uri rigorous examination across multiple categories is required for in-depth benchmarking. Future ch In n iterations of this analysis will aim to incorporate more holistic factors outside the global indices o va t Frankfurt i o included in the Index Performance Score. c n n utlu oitav er 2. A qualitative analysis of the Hub Indicators and further details on key Hub features, onnI Low Rank labxed based on interviews conducted with local Hub Representatives. The High Rank olGnI The remaining circumference of the diagram captures the qualitative analysis on Hub Indicators. and Low Rank tise Re er gu ssenisuB exp scale shows the latio gnioD to Further details on key Hub features, such as workspaces and accelerators, top FinTech investors n ity xim and the future of the FinTech Hub, are presented thereafter. The insights provided by the Hub two Hubs with Pro Representatives are subjective and based on their experiences within the local Hub. These opinions higher and lower Index Scores For mers eign st o custo are designed to add to the understanding of local FinTech activity and are not opinions of the GFHF compared with artups Proximity t or Deloitte. the current Hub. 23