Collaboration and partnership opportunities between traditional large players and technology-enabled agile, innovative players have multiplied. ‘Future-first’ is a common goal. Sandboxes offered by various federal and private banks, regulators, and large-scale organizations reflect the changing environment of bringing innovation to the table through collaboration.
Typically, a sandbox is an isolated testing environment that enables users to run programs or execute files without affecting the application, system, or platform on which they run. The primary purpose is to develop and independently observe a solution’s execution in a live environment, isolated from the rest of an organization’s technology network. |
