A team of four Master of Science in Business Analytics (MSBA) graduates won first place at the AIxImpact Case Competition (Finance stream) in February this year. The case competition was held as part of the AIxImpact Conference, a Southeast Asia-focused analytics conference hosted by QuantumBlack, a McKinsey Company, in early February.
Four MSBA graduates - Gino Martelli Tiu, Rachel Sng, Widya Salim and Xhoni Shollaj - won first place at the AIxImpact Case Competition (Finance stream) in February this year.
The competition is designed to get students across Southeast Asia to solve real-life problems with AI. Participants were required to work on one out of three problem statements, each belonging to a theme: finance, health, or e-commerce.
Gino Martelli Tiu, Rachel Sng, Widya Salim and Xhoni Shollaj, all recent MSBA graduates, won the first place for their solution, a recommender system that tackles the issue of making wealth management accessible to the middle class in Singapore. This accounts for over 4 million adults in Singapore alone.
The finance-themed problem statement they chose to tackle required them to use data analytics to enhance the customers’ banking experience while respecting customers’ privacy.
Structured as a SAAS integrator, the team’s solution was a personalised plug and play recommendation system called the Money Tree Integrator, built off a federated learning framework.
The service essentially allows banks easy access to best-in-class recommender solutions from day one. It removes the initial dependency on financial planners, and matches customers to products based on perceived needs, while respecting the need for privacy in a way that is scalable and quick to deploy.