FIS Teams Push Boundaries of Artificial Intelligence in 2017 InnovateIN48 Coding Competition

JACKSONVILLE, Fla.–()–FIS™ (NYSE:FIS), a world chief in monetary providers know-how, immediately introduced the winner of 2017 InnovateIN48, an annual coding competitors that challenges FIS groups from around the globe to seek out revolutionary methods to use rising know-how to resolve real-world monetary business issues.

Three hundred groups from greater than 20 nations took half in the 2017 competitors, which started in May. In the ultimate rounds, held Sept. 11-14 in Berlin, 14 finalist groups spent 48 hours competing continuous. The mission this 12 months: to develop new and distinctive methods to use synthetic intelligence to learn the monetary providers business.

“Ron Burgundy’s News Team,” a group made up of coders from 4 totally different areas around the globe, was named the winner for creating an answer that gives monetary analysts and merchants with clever suggestions based mostly on previous behaviors.

“FIS works to empower the financial world with smarter, faster and more efficient solutions that meet the needs of clients and customers worldwide,” stated Ido Gileadi, chief data officer, FIS. “FIS InnovateIN48 once again showcased the strength of our employees to harness technology in innovative ways that solve real-world, pressing problems.”

Sponsored by Microsoft and Hewlett Packard Enterprise, FIS InnovateIN48 was judged by IT and safety specialists from FIS and monetary providers firm Nordea, NRW.BANK and Hewlett Packard Enterprise.

“InnovateIN48 is a truly inspiring and innovative event,” stated Martin Zich, Hewlett Packard Enterprise safety resolution architect, who helped choose the occasion. “To see teams bring their vision of the future to reality in just 48 hours is truly impressive.”

About FIS

FIS is a world chief in monetary providers know-how, with a deal with retail and institutional banking, funds, asset and wealth administration, danger and compliance, consulting, and outsourcing options. Through the depth and breadth of our options portfolio, international capabilities and area experience, FIS serves greater than 20,000 shoppers in over 130 nations. Headquartered in Jacksonville, Fla., FIS employs greater than 53,000 folks worldwide and holds management positions in fee processing, monetary software program and banking options. Providing software program, providers and outsourcing of the know-how that empowers the monetary world, FIS is a Fortune 500 firm and is a member of Standard & Poor’s 500® Index. For extra details about FIS, go to www.fisglobal.com.

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