Solve real business challenges facing BNY Mellon and our clients

BNY Mellon CONNECT20 Challenge
#CONNECT20Challenge
Hosted By
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Supported By
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Thank you for your interest in the BNY Mellon CONNECT20 Challenge

As a steward of the financial world, BNY Mellon is committed to powering individuals and institutions to succeed in the global economy. In support of this purpose, BNY Mellon takes a hands-on and collaborative approach towards new product development in order to accelerate speed to market. We collaborate with the world’s best companies—from fintech to big tech—to deliver more capabilities for our clients, allowing them to make objective choices and unlock their potential. As such, BNY Mellon has now launched a new Accelerator Program to catalyze more opportunities to collaborate with the brightest emerging technology companies from all around the world.

In search of the best and brightest, BNY Mellon invites you to participate in the CONNECT20 Challenge to showcase innovative solutions that address curated problem statements. Participating teams will have the chance to be featured at the firm's annual FinTech partnerships event, CONNECT20, be showcased to the Bank's marquee clients, and ultimately land a spot in BNY Mellon's Accelerator Program.

This challenge seeks to showcase cutting-edge technologies that aim to solve specific business challenges around streamlining efficiency, eliminating manual processes and increasing the accuracy of data.

BNY Mellon CONNECT20 Challenge Journey

Registration

Registration

Commences from 24 Aug 2020

Register to participate.

Submit Proposals

Submit Proposals

Closing Date 23 Sep 2020

Participating teams submit proposals to one or more problem statements.

Shortlisting

Shortlisting

Dates Oct 2020

Proposals will be reviewed and shortlisted by a panel of BNY Mellon experts. Shortlisted participants will be invited to develop solution prototypes on the APIX platform.

Submit Solutions

Submit Solutions

Dates Oct 2020

Shortlisted solutions will be developed and submitted for evaluation on the APIX platform.

Winner Announcement

Winner Announcement

Dates Nov 2020

Evaluation and selection of award winners by BNY Mellon expert judging panel

BNY Mellon CONNECT20 Problem Statements

The BNY Mellon CONNECT20 Challenge aims to identify and enable solutions that have the potential to solve the following problem statements:

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Proposal submissions are closed.

Client Documents to Actionable Data

BNY Mellon is seeking an automated solution to replace manual Client Documents to Actionable Data searches to facilitate client on-boarding with increased efficiency and reduced risk.

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Proposal submissions are closed.

Data Extraction

BNY Mellon is seeking to replace the manual review of loan agreements with automated scanning that will improve monitoring and adherence to contractual terms and can create new data products.

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Proposal submissions are closed.

Match Making

BNY Mellon is seeking a machine learning powered solution that will review large tables across various systems, data feeds and sources to identify and prevent matching errors, and reduce associated costs.

What’s In It For You

Finalists will get the chance to:

Showcase Your Solution at CONNECT20

Finalists will have the opportunity to demo their solution to a variety of clients and industry partners at BNY Mellon's CONNECT20 event

Land a Spot in BNY Mellon's Accelerator Program

The winning solution will be admitted into BNY Mellon's Accelerator Program, providing the opportunity to work with BNY Mellon experts and fast-track your product roadmap and go-to-market strategy