Opendata, web and dolomites

Cortx SIGNED

Intelligent debt recovery platform.

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 Cortx project word cloud

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

stage    global    onboarded    default    compliant    germany    charged    consolidating    commercialise    live    strategy    fixed    ready    ongoing    companies    reduces    improves    upfront    recurring    credit    customers    levels    intelligence    predict    transfer    per    local    strategic    practitioners    manager    documents    machine    undertaking    cortx    stakeholders    optimising    learning    platform    auditable    first    outcome    central    designed    time    uk    revenue    localising    pilot    debt    forecasting    firm    running    commercialisation    vision    followed    portfolio    analytics    algorithms    fee    functions    net    markets    efficiency    countries    data    firms    monthly    entry    american    expand    generate    automatically    spain    italy    margins    north    intelligent    france    core    predictive    personal    model    creditors    performing    market    devising    reduce    governments    financial    administer    utility    recovery    insolvency    documentation   

Project "Cortx" data sheet

The following table provides information about the project.

Coordinator
CEREBREON TECHNOLOGIES LIMITED 

Organization address
address: PEARSE ROAD
city: ARDARA
postcode: F94XVN6
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 Ireland [IE]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-07-01   to  2019-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CEREBREON TECHNOLOGIES LIMITED IE (ARDARA) coordinator 50˙000.00

Map

 Project objective

Cortx is an intelligent debt recovery platform that automatically processes and analyses insolvency documents to administer and predict the outcome of debt recovery. Through machine learning Cortx increases efficiency, reduces default levels and improves net margins for all stakeholders in the European insolvency sector. Cortx is designed to be used by insolvency practitioners, credit management firms, and creditors, including financial institutions, local governments, and utility companies. Cortx will generate revenue through a per-case fee model, with a fixed fee charged upfront for every new case onboarded. A recurring per-case per monthly fee is also charged for the ongoing use of analytics and forecasting algorithms on all live cases in a firm’s portfolio. Commercialisation in the UK personal insolvency market will be targeted first, followed by European and North American personal insolvency markets. Our vision is to reduce the level of non-performing debt on a global scale by bringing machine intelligence to the insolvency market. We aim to be the central data manager for the insolvency market allowing real time transfer of information and documentation with a fully auditable and compliant core. The proposed project will enable us to expand into EU markets, by undertaking in-depth market research, devising a market entry strategy for EU countries, and consolidating strategic partnerships necessary for European commercialisation. It will also allow us to further develop Cortx from its current stage by optimising technical aspects and developing its predictive functions, localising it for EU markets and running a pilot with potential customers in these new markets. At the end of the project we will be ready to commercialise Cortx in our go-to-markets of the UK, Germany, France, Italy and Spain.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "CORTX" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

Magnesys (2019)

Efficient filtering of metallic impurities in food processing

Read More  

LIVELMIA (2019)

Innovative assay for microRNAs analysis

Read More  

PestiSi (2019)

Cost effective solution against insects in long-term grain storage by natural diatomaceous earth

Read More