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INFINITECH

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Tailored IoT BigData Sandboxes and Testbeds for Smart Autonomous and Personal...

Tailored IoT BigData Sandboxes and Testbeds for Smart Autonomous and Personalized Services in the European Finance and Insurance Services Ecosystem Despite rising investments on BigData, AI and IoT in finance/insurance, financial and insurance organisations are still facing many challenges (i.e. data silos, regulatory complexity, lack of testbed resources) in realizing the fu... see more

31/03/2023

GFT

21M€

Project Budget: 21M€

Project leader

GFT ITALIA SRL No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

PARTICIPATION DEPralty Sin fecha límite de participación.

Ver 57 Participantes

Financing granted El organismo H2020 notifico la concesión del proyecto The day 2023-03-31

ICT-11-2018-2019: HPC and Big Data enabled Large-scal... Specific Challenge:The Internet of Things and the convergence of HPC, Big Data and Cloud computing t...

I+D

Cerrada does 7 years

0% 76% 100%

characteristics of the participant

Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Private Information

No hay información privada compartida para este proyecto. Habla con el coordinador.

57 Participantes

GFT

856.53K€ | Leader

BANK OF CYPRUS PUBLIC COMPAN...

230.04K€ | participant

ENG

380.63K€ | participant

UNIVERSITY OF GLASGOW

333.75K€ | participant

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Project duration: 45 months Date Start: 2019-06-05
End date: 2023-03-31

Project leader

GFT ITALIA SRL No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Project Budget 21M€

participation deadline Sin fecha límite de participación.

Project description Despite rising investments on BigData, AI and IoT in finance/insurance, financial and insurance organisations are still facing many challenges (i.e. data silos, regulatory complexity, lack of testbed resources) in realizing the full potential of these technologies. INFINITECH is a joint effort of global leaders in ICT and finance towards lowering the barriers for BigData/IoT/AI driven innovation, boosting regulatory compliance and stimulating additional investments. It will provide: 1)Novel BigData/IoT technologies for seamless management and querying of all types of data (e.g., OLAP/OLTP, structured/unstructured/semi-structured, data streaming & data at rest), interoperable data analytics, blockchain-based data sharing, real-time analytics, as well as libraries of advanced AI algorithms. 2)Regulatory tools incorporating various data governance capabilities (e.g. anonymization, eIDAS integration) and facilitating compliance to regulations (e.g., PSD2, 4AMLD, MIFiD II). 3)Nine novel and configurable testbeds & sandboxes, each one offering Open APIs and other resources for validating autonomous and personalized solutions, including a unique collection of data assets for finance/insurance. The project’s results will be validated in the scope of 14 high impact pilots providing complete coverage of the sectors, including Know Your Customer (KYC), customer analytics, personalized portfolio management, credit risk assessment, preventive financial crime analysis, fraud anticipation, usage based insurance, agro-insurance and more. INFINITECH will establish a market platform that will provide access to the project’s solutions, along with a Virtualized Digital Innovation Hub (VDIH) that will support innovators (FinTech/InsuranceTech) in their BigData/AI/IoT endeavors. Based on their strong footprint in the European digital finance ecosystem, the partners will engage stakeholders from all EU-28 countries, making INFINITECH synonymous to disruptive BigData/AI innovation in the target sectors.

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