UBS Future of Finance Challenge
Solutions must address one of the four challenges for the industry identified by UBS:
- Sustainable banking (achieve impact goals, ESG data analytics, zero emission banking)
- Reimaging investing (personalized simulations, on-demand products, interactive collaboration)
- App stores and platforms (App store experience, connecting clients, embed 3rd party offering)
- Tech an cyber security (Faster AI and coding, protect client data, pre-emptive maintenance)
In addition UBS launched the Female Founder Award which recognizes a female founder or Business Lead of a start-up business.
Criteria
Eligible are start-ups and growing companies, with an annual turnover lower than USD 150m. They should have received less than USD 150m in total investments:
Participants should have developed:
- A working prototype of a product, service or application grounded on innovative / disruptive technology applied to banking / finance
Proposed technology solutions should:
- Be focused directly on banking and financial services, or
- Have a demonstrable impact in another sector but with a potential connection or application within the banking and financial industry.