1. Accelerate Innovation: By providing a structured framework for regulatory sandbox development, this template helps innovation managers expedite the testing and deployment of new fintech solutions.

2. Ensure Compliance: Regulatory criteria are crucial in the fintech industry. This template ensures that all regulatory requirements are met, reducing the risk of non-compliance and potential regulatory issues.

3. Track Progress: From key milestones to success metrics, this template allows you to track the progress of your sandbox development process, enabling you to make informed decisions and adjustments as needed.

4. Enhance Collaboration: With a centralized platform for managing sandbox development, this template promotes collaboration among team members, stakeholders, and regulatory bodies, fostering a more efficient and transparent development process.