Congratulations to our Swift Hackathon 2024 winners! 🏆
Swift Hackathon 2024
Building the capital markets of the future
For Challenge One, BNY took home the prize. Having assembled an international team, they harnessed AI and automation to develop a solution that reduces the manual steps involved in securities transactions, increasing STP rates in post-trade settlement.
While for Challenge Two, Secretarium’s winning proposition augments Swift’s Transaction Manager with privacy-preserving technology. This ensures that data from all actors and systems involved in a digital asset transaction remains wholly private.
Congratulations to both runners up too – Capgemini for Challenge One, and BNY for Challenge Two, who also proposed highly creative solutions. And a big shout-out to the teams at Barclays and Sedicii as well for their innovative entries.
For Challenge One, BNY took home the prize. Having assembled an international team, they harnessed AI and automation to develop a solution that reduces the manual steps involved in securities transactions, increasing STP rates in post-trade settlement.
While for Challenge Two, Secretarium’s winning proposition augments Swift’s Transaction Manager with privacy-preserving technology. This ensures that data from all actors and systems involved in a digital asset transaction remains wholly private.
Congratulations to both runners up too – Capgemini for Challenge One, and BNY for Challenge Two, who also proposed highly creative solutions. And a big shout-out to the teams at Barclays and Sedicii as well for their innovative entries.
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#posttrade #captialmarkets #swifthackathon2024
Organized By
About Us
Swift is the way the world moves value. We do this every single instant of every single day, right across the world. No other organisation can address the scale, precision, pace and trust that this demands.
Found out more here: About us | Swift
PROBLEM STATEMENTS FOR SWIFT HACKATHON 2024
The problem statements are broken down into two categories. Please ensure you select the statement that aligns to your company size.
Enterprises: Problem Statement 1
Enterprises: 500 employees and over
How can we improve the speed and accuracy of post-trade processes to ensure timely and zero-fail transactions?
Enterprises: Problem Statement 2
Enterprises: 500 employees and over
How can we ensure data privacy in post-trade processing for tokenised assets while maintaining regulatory compliance and seamless integration?
Small Companies: Problem Statement 1
Small Companies: Under 500 employees
How can we improve the speed and accuracy of post-trade processes to ensure timely and zero-fail transactions?
Small Companies: Problem Statement 2
Small Companies: Under 500 employees
How can we ensure data privacy in post-trade processing for tokenised assets while maintaining regulatory compliance and seamless integration?
Eligibility
- Each team must be from a legally registered company
- All materials and communications submitted must be in English.
- Participants must complete the registration and proposal submission process within the indicated timeframe. Any request to postpone submission will not be considered.
- By participating, all entrants or participants will be deemed to have accepted the Swift terms and conditions
FAQ
What is the deadline for registrations?
All participants should register their team by 23:59 on 15 August.
How many people can make up a team?
The maximum number for a team is 10.
Is it time zone specific (if so which one) or global?
It is a global hackathon that will bring together the wider community of major banks and fintech developers. The event will be remote, with introduction and briefing sessions happening to cover all time zones.
What is date/timeframe for the hackathon development phase?
Teams will have access to the Hackathon sandbox to develop their solutions.
Is there a cost associated to participate?
The event does not include any entry costs.
Is there a prize?
The winners and runners-up will have the opportunity to present on their solution on the Innotribe stage at Sibos. Hackathon winners and runners up for both challenges will receive complementary passes to Sibos. Each team will have the choice whether to receive 2x1-day passes, or 1x2-day pass.
Find out more
Find out more
To read more about the Swift Hackathon 2024, please click on the link below to visit our page:
https://www.swift.com/about-us/innovate-swift/swift-hackathon
HOW TO REGISTER FOR HACKATHON & SUBMIT PROPOSAL
HOW TO REGISTER FOR HACKATHON & SUBMIT PROPOSAL
Please click on the link below to know How to Register & Submit Proposal.