Masters 14 September 2016

MSBA students win ANZ-NUS Financial Services Innovation Challenge

Congratulations our Masters in Business Analytics students Lyu Peijin, Xu Yuwen, Wang Yi, Wang Ji, Sylvia Liaw, Anna Ang and Chen Xiang (Team Finnovation) for winning the ANZ-NUS Financial Services Innovation Challenge.

Team Finnovation (left to right): Lyu Peijin, Xu Yuwen, Wang Yi, Wang Ji, Sylvia Liaw, Anna Ang, Chen Xiang

Team Finnovation (left to right): Lyu Peijin, Xu Yuwen, Wang Yi, Wang Ji, Sylvia Liaw, Anna Ang, Chen Xiang

Organised by ANZ and NUS Business Analytics Centre, the competition challenged students to apply business analytics to come up with innovative solutions in trade and supply chain finance. It explored how emerging technologies – such as blockchain, cognitive analytics and APIs  – can bring innovation to trade and supply chain solutions in Singapore and the Asia-Pacific region. The winning team impressed the judges with commercially viable, data-analytics driven trade finance solutions.

Event partners, including representatives from ANZ, IBM, NUS and Thomson Reuters pose with the winning students

Event partners, including representatives from ANZ, IBM, NUS and Thomson Reuters pose with the winning students

IBM, Thomson Reuters and GitHub were supporting partners of the event; with Ernst & Yeung, UN Women and DXMarkets providing mentoring and coaching to the students.

Professor Jorge Sanz, Director of the Business Analytics Centre at NUS, said: “The financial services industry needs constructive innovation, moving value-creation from potential technologies into new revenue streams and/or savings. We educate our students in Business Analytics to co-create real-life Financial Services Technology solutions beyond the comfort of a laboratory or just ‘promising thinking’. This innovation challenge, organised with some of our main industry partners, is a model event for the education we want our young students to build upon.”