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Use AI to revolutionize banks' risk management and decision-making

Join our challenge to revolutionize banks' risk management! We are seeking innovative solutions that integrate Large Language Models with traditional quantitative analytics to predict financial risks with greater accuracy. Unleash your creativity and redefine banking risk assessment! 

Who can participate?
Start-ups, (technology) companies, researchers, labs, newly founded tech teams and all other AI innovators

#AIRiskPrediction #FinancialAnalytics #AIinBanking 

  • ✅ Completed
  • 🏁 Winner

    51nodes & AssetFloow

  • 🏆 Prize

    Funded co-creation, strategic partnerships & long-term integration

  • 🌎 Scope

    Global

  • ❓Questions

    Feel free to join our Q&A Calls

  • 👥 Looking for a team?

Who is BayernLB?

As a streamlined specialized bank, BayernLB is a major investment financier for the Bavarian and German economy. We are committed to progress. Our customers – companies, financial institutions, investors, savings banks, and the public sector – are at the center of our sustainable approach. As a stable and financially strong bank with international activities, we work efficiently and think long-term. 

We have long-standing experience and in-depth knowledge of the sectors in which our customers operate. We understand their business challenges for the future, offer solutions that match their needs and are partners on an equal footing – always cultivating reliable and trusting working relationships. 

Brief Profile: who are we

Who is the target group for participation?

This challenge presents a rare opportunity especially for startups, companies, or researchers to not only demonstrate their innovative capabilities but also to form lasting partnerships and potentially see their solutions adopted and valued by a leading organization in the industry.

How to create an account on our platform and how to set it up?

Check out our tutorial: Get started! 

How to participate in the challenge and submit my idea?

Check out our tutorial: Join a Challenge!

What happens after the first deadline?

After the end of the deadline, the submissions will be reviewed by the challenge provider. The final teams of every challenge will be selected and invited to participate in the Collaborarion KickOffs. We will inform you via mail. Check the timeline.

To ensure the selection of the most suitable partner, we've structured our process into two comprehensive phases. These phases are designed to evaluate both the expertise and personal compatibility vital for a project of this magnitude. This approach not only empowers the challenge provider to assess the ability and synergy of potential partners for such a pivotal endeavor but also affords you a unique opportunity to gain insights from established corporate entities and evaluate your direction for a lasting collaboration.

Is my participation binding?

Your participation is not binding until you submit the Submission Template, and the submission phase ends. You can always withdraw your submission before the deadline. Once you have uploaded your submission and you want to take part, please consider the timeline and be aware that you should be able to participate in every further step.

Do you have any questions or uncertainties?

Get in contact with us!
If you want to talk to someone from our team about your approaches, you need more information or if questions arise, just join one of our Q&A calls every Tuesday from 11:00am-11:30am and Thursday from 4:00pm-4:30pm. It is a group call and you also get the chance to meet other innovators!
Simply register here

Are you looking for team members?

If you are looking for a team, make sure to register on our platform to join an existing team. Here you can find all the teams for every ongoing project. Or simply click on the link "Looking for team members?" in the info box on top in order to access our Slack Team Matching channel.

What happens with the IP of my solution?

All final teams agree to enter into discussions with the respective challenge provider within three months of the challenge completion regarding possible further use of the solution.  

During this period, the final teams also agree not to enter into discussions with third parties regarding further use of the solutions. 

Both parties (challenge provider and finalists) are also entitled to jointly agree on deviating and individual provisions with regard to confidentiality agreements or IP rights during the collaboration phase. 

All details can be found in the conditions of participation