Three start-up companies, each founded by Informatics graduates, have been selected for the global finals of the UBS Future of Finance Challenge.
Aesthetic Integration, AimBrain and Cryptosense beat 12 other regional finalists, out of 160 entries from across northern Europe, at an event held in London, 5-6 November 2015.
The global finals will take place in Zurich, 10 December 2015.
The UBS Future of Finance Challenge is an open innovation competition for entrepreneurs, start-ups or growing companies that could change the way finance works or how banks meet their clients' needs.
Companies compete to win prizes worth US$5,000-$50,000, plus coaching and mentoring and the opportunity to test and develop their ideas and technologies.
Aesthetic Integration’s technology automatically analyzes financial algorithms, such as dark pools and blockchain smart contracts, for glitches and unfair behaviour.
Aesthetic Integration was co-founded by Grant Olney Passmore (PhD 2011, Research Associate, Laboratory for Foundations of Computer Science, 2011-14)
AimBrain provides a biometric security layer that can be used with any mobile data-sensitive application. It tracks not only what the user enters, but also how they enter it.
The company was co-founded by Andrius Sutus (BEng Edinburgh 2014) and Alesis Novik (MSc Artificial Intelligence 2011).
Cryptosense provides a live cryptographic security dashboard for financial institutions.
The company was co-founded by Graham Steel (PhD 2004, Centre for Intelligent Systems and their Applications, RA DReaM Group 2004-2007).