INFINITECH
Joint effort of global leaders in ICT and finance towards BigData/IoT/AI driven innovation, for boosting regulatory compliance in EU Finance and Insurance Services
Programme: H2020 - IA / 856632
Project Title: Tailored IoT & BigData Sandboxes and Testbeds for Smart, Autonomous and Personalized Services in the European Finance and Insurance Services Ecosystem tion-driven Data Value Chain for Diversified Global and Local Operations
Project Period: 10/2019 - 03/2023
Website: https://www.infinitech-h2020.eu/the-project
Budget: € 20.846.572
Keywords: Big Data, Financial Services, IoT, AI, Data Management, Software Integrator
Project Summary
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:
- 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.
- Regulatory tools incorporating various data governance capabilities (e.g. anonymization, eIDAS integration) and facilitating compliance to regulations (e.g., PSD2, 4AMLD, MIFiD II).
- Nine (9) 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 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.
Our role
SLG leads WP8, T8.1 “Multi-sided Market Platform Architecture and DIH Specifications” where this task will produce the architecture of the multi-sided platform that will host the project’s technological and experimentation related results and T8.2 “BigData and AI Solutions Marketplace” where this task will be devoted to the establishment of a marketplace of BigData and AI solutions (e.g., real-time analytics infrastructures, integrated querying infrastructures, data governance solutions), as well as with BigData/AI algorithms.
