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INFINITECH SIGNED

Tailored IoT & BigData Sandboxes and Testbeds for Smart, Autonomous and Personalized Services in the European Finance and Insurance Services Ecosystem

Total Cost €

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EC-Contrib. €

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Partnership

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 INFINITECH project word cloud

Explore the words cloud of the INFINITECH project. It provides you a very rough idea of what is the project "INFINITECH" about.

customer    solutions    synonymous    data    coverage    collection    streaming    28    anonymization    interoperable    additional    ict    sectors    unstructured    joint    complexity    financial    semi    tools    leaders    engage    boosting    regulations    algorithms    lack    crime    bigdata    infinitech    investments    libraries    psd2    personalized    structured    countries    compliance    insurance    effort    realizing    stimulating    virtualized    rising    regulatory    mifid    iot    stakeholders    kyc    preventive    global    blockchain    vdih    barriers    14    fraud    analytics    scope    types    seamless    fintech    credit    lowering    sharing    agro    4amld    innovators    hub    validated    pilots    anticipation    configurable    oltp    ecosystem    sandboxes    testbed    insurancetech    ai    complete    time    governance    full    disruptive    autonomous    footprint    querying    silos    validating    portfolio    finance    apis    testbeds    digital    endeavors    platform    rest    despite    integration    assets    market    technologies    risk    nine    olap    eidas    innovation    incorporating   

Project "INFINITECH" data sheet

The following table provides information about the project.

Coordinator
GFT ITALIA SRL 

Organization address
address: VIA SILE 18
city: MILANO
postcode: 20139
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Total cost 21˙080˙482 €
 EC max contribution 15˙870˙480 € (75%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
 Code Call H2020-ICT-2018-3
 Funding Scheme IA
 Starting year 2019
 Duration (year-month-day) from 2019-10-01   to  2022-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GFT ITALIA SRL IT (MILANO) coordinator 1˙552˙950.00
2    SANTANDER UK PLC UK (LONDON) participant 798˙586.00
3    SINGULARLOGIC ANONYMI ETAIREIA PLIROFORIAKON SYSTIMATON KAI EFARMOGON PLIROFORIKIS EL (NEA KIFISIA) participant 689˙500.00
4    UNINOVA-INSTITUTO DE DESENVOLVIMENTO DE NOVAS TECNOLOGIAS-ASSOCIACAO PT (CAPARICA) participant 655˙500.00
5    ATOS SPAIN SA ES (MADRID) participant 636˙475.00
6    NATIONAL UNIVERSITY OF IRELAND GALWAY IE (Galway) participant 622˙500.00
7    IBM ISRAEL - SCIENCE AND TECHNOLOGY LTD IL (PETACH TIKVA) participant 576˙012.00
8    LEANXCALE SL ES (BRUNETE MADRID) participant 518˙875.00
9    GIOUMPITEK MELETI SCHEDIASMOS YLOPOIISI KAI POLISI ERGON PLIROFORIKIS ETAIREIA PERIORISMENIS EFTHYNIS EL (ATHINA) participant 509˙250.00
10    FUJITSU TECHNOLOGY SOLUTIONS FR (ASNIERES-SUR-SEINE) participant 491˙050.00
11    HEWLETT PACKARD ITALIANA SRL IT (CERNUSCO SUL NAVIGLIO MI) participant 484˙487.00
12    UNPARALLEL INNOVATION LDA PT (PORTIMAO) participant 403˙812.00
13    REPORTBRAIN LIMITED UK (LONDON) participant 384˙125.00
14    ENGINEERING - INGEGNERIA INFORMATICA SPA IT (ROMA) participant 380˙625.00
15    BANKING & PAYMENTS FEDERATION IRELAND COMPANY LIMITED BY GUARANTEE IE (Dublin) participant 348˙250.00
16    UNIVERSITY OF GLASGOW UK (GLASGOW) participant 333˙750.00
17    PRIVE SERVICES EUROPE GMBH AT (WIEN) participant 331˙625.00
18    FONDAZIONE BRUNO KESSLER IT (TRENTO) participant 318˙750.00
19    CROWDPOLICY PSIFIAKES SYMMETOXIKESYPIRESIES IKE EL (MOSCHATO) participant 314˙125.00
20    SIA SPA IT (MILANO) participant 306˙250.00
21    ASSOCIATION O.R.T. FR (PARIS) participant 305˙625.00
22    JRC CAPITAL MANAGEMENT CONSULTANCY & RESEARCH GMBH DE (BERLIN) participant 303˙187.00
23    INNOV-ACTS LIMITED CY (LEFKOSIA) participant 301˙875.00
24    CREVIS BE (BRUXELLES) participant 299˙250.00
25    FUNDACION CENTRO TECNOLOXICO DE TELECOMUNICACIONS DE GALICIA ES (VIGO) participant 273˙812.00
26    FUNDACION PARA LA PROMOCION DE LA INNOVACION, INVESTIGACION Y DESARROLLO TECNOLOGICO EN LA INDUSTRIA DE AUTOMOCION DE GALICIA ES (PORRINO PONTEVEDRA) participant 271˙875.00
27    INSTITUT JOZEF STEFAN SI (LJUBLJANA) participant 270˙750.00
28    POSTE ITALIANE - SOCIETA PER AZIONI IT (ROMA) participant 265˙125.00
29    WENALYZE ES (MADRID) participant 258˙562.00
30    National Bank of Greece S.A. EL (Athens) participant 253˙575.00
31    AKTIF YATIRIM BANKASI AS TR (ISTANBUL) participant 248˙500.00
32    BANKA SLOVENIJE SI (LJUBLJANA) participant 243˙302.00
33    BOGAZICI UNIVERSITESI TR (ISTANBUL) participant 233˙750.00
34    PARIS EUROPLACE FR (PARIS) participant 225˙000.00
35    LIBERBANK SA ES (MADRID) participant 218˙312.00
36    DWF GERMANY RECHTSANWALTSGESELLSCHAFT MBH DE (Cologne) participant 217˙875.00
37    COPENHAGEN FINTECH DK (COPENHAGEN) participant 202˙500.00
38    ROESSINGH RESEARCH AND DEVELOPMENT BV NL (ENSCHEDE) participant 198˙187.00
39    EDEX - EDUCATIONAL EXCELLENCE CORPORATION LIMITED CY (NICOSIA) participant 196˙529.00
40    DYNAMIS AE GENIKON ASFALEION EL (KALLITHEA) participant 157˙500.00
41    GENILLARD & CO GMBH DE (MUNCHEN) participant 156˙012.00
42    INNOVATION SPRINT BE (BRUXELLES) participant 112˙875.00

Map

 Project objective

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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The information about "INFINITECH" are provided by the European Opendata Portal: CORDIS opendata.

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lastchecktime (2020-08-10 21:05:39) correctly updated