DINOSAURS ARE STILL ROAMING EARTH - OR AT LEAST OUR BANK’S COMPUTER SYSTEMS
SGEF Digital factory is organising its first hackathon to hunt down the dinosaurs of the banking systems.
From customer identity auditing over risk scoring to internal and external advisory, a good portion of processes still take much time and manual interaction today.
Your mission, if you wish to accept it, is to defrag the dinosaurs and make them faster, smarter and more attractive!
Why? Because you will have 48h of coding and fun, a big prize pool at your fingertips, plus SGEF Digital Factory is hiring!
ARE YOU UP FOR THE MISSIONS?
HOW TO DEFRAG A DINOSAUR
through data processing
MORE ATTRACTIVE DINOSAURS
through UX/UI design
WHICH DINOSAURS TO DEFRAG
Dinosaur 2 : KYC-Rex
Dinosaur 1 : TyrannoSALESos
Dinosaur 3 : CREDITANALYSEsaurus
Dinosaur 6 : RETENTIONosaurus
Build a responsive digital sales assistant and design helpful functionalities that match the administrative needs of a banking sales expert!
Establish a highly digitalized shared KYC platform to disrupt the highly manual due diligence process of KYC in banks!
Build an API-platform that automates financial statement analysis adding machine learning solutions for data interpretation.
Build a plug-and-play dealer module with integrated equipment finance to kick-start digitalization at dealerships!
Dinosaur 5 : CONTRACT-Rex
Create a smart contract management solution to improve customer acceptance of individual contracts and lower the rate of refusal on services and rentals!
Dinosaur 4 : SCORECARDosaurus
Build a credit processing platform that is able to generate quick and reliable credit decisions with limited manual interactions.
ARE YOU A SPECIMEN OF THE SUCCESSFUL SPECIES?
Back-end, front-end, open-end? We need your full-stack scripting skills!
You breathe UX and UI improvement? These dinosaurs need a makeover!
HOMO DATA SCIENTISTICA
You love to get into the nitty-gritty of chaotic data? Come help us clean up!
HOMO EXPERTENS ANALYTICENS
Anything you can get your hands on will be analysed? Get you hands on the monsters!
WHAT IS IN IT FOR THE MOST SUCCESSFUL SPECIMEN?
IN TOTAL, THERE IS 15.000€ TO WIN.
And we have an Amazon Echo Dot for everyone that presents a solution!
WE LIKE OUR DIGITAL FACTORY DINOSAUR-FREE.
THIS IS US
Mentors of Societe Generale will be on site, to work with you and guide you through the jungle of the banking tech! You will have the opportunity to co-create solutions for long overdue innovations.
Germany Transformation Manager
ODILE DE SAIVRE
MARIE-LAETITIA DE JOYBERT
Germany Head of Marketing
LET’S WORK TOGETHER!
This competition is about MORE THAN MONEY!
The Hackaton is a superb opportunity to launch SGEF Digital Factory to accelerate our digital transformation and provide superior service to our customers across the globe
Philippe Rozental, SGEF Global COO
Berlin, as an international city where Western and Eastern Europe meet, has become the last decade a dynamic center of creativity in all areas. The perfect place to sit our Digital Factory in order to reinvent our banking systems for our customers’ benefit.
Johan Sieur, SGEF Germany COO
OUR 48H ACTION PLAN
START and Dinner
Official Launch, Keynote
Workshop on Ideation
Start of Teamwork
Workshop on Data Science powered by DAIN Studios
Workshop on How to Pitch
End of Work and Lunch
End of Final Pitches
HERE IS WHERE WE WILL MEET
10117 Berlin, Germany
YOUR POINT OF CONTACT
If you have any questions, reach out to Julia at
Terms & Conditions - DEFRAG THE DINOSAUR
ARTICLE 1 – ORGANIZATION OF THE COMPETITION
The company BeMyApp, a French company with a capital of 1.250,00 euros, whose registered office is located 18 Boulevard Michelet, 13008 Marseille, France - company registration number B 523 824 258 (Marseille RCS) (hereafter referred to, collectively, as “Organizer”) is organizing a hackathon called “DEFRAG THE DINOSAUR” (hereafter referred to as “Competition”) from 15th of March 2019 to 17th of March 2019.
ARTICLE 2 – OBJECTIVE OF THE COMPETITION
The aim of the competition is to develop, in teams and over a limited amount of time, an innovative solution around the following topic: Dinosaurs in the banking system.
ARTICLE 3 – PARTICIPATION PROCESS
The Competition is free and without any purchase obligation. The Competition is open to all individuals (i) who have the age required by law in their country of residence to enter this competition, (ii) who hold a bank account in their country of tax residence, (iii) who have IT skills, technical skills, design skills, or marketing skills and (iv) who have their own computer hardware in working order throughout the duration of the Competition (hereafter referred to as “Participants”).
Employees of BeMyApp and/or their affiliates, and members of their families, as well as anyone who has directly or indirectly contributed to the conception, organization or realization of the Competition, are ineligible to take part in the Competition.
The registration for the Competition is open from 8th of February until 15th of March. The hackathon will take place from 15th of March until 17th of March 2019.
Each registration in the hackathon is individual, and only one registration per person is allowed during the entire duration of the Competition.
Phase 1: Registration process
Date: Between 8th of February and 15th of March
Object: Every person wishing to participate can register online on the dedicated website for the Competition accessible at the following address: defrag-the-dinosaur.bemyapp.com. Registrants must provide the following information: last name, first name, date of birth, address, phone number, email and their profile for the purpose of the Competition, as suggested on the website. This information is required for the completion of their application.
Each candidate guarantees that the information entered during his/her application to the Competition is complete and accurate. Any false, incorrect or incomplete information will automatically result in the application being rejected.
The Organizer reserves the right to reject an application at any time if the profile of the Participant does not comply with the Competition standards.
Phase 2: Beginning of the Competition
Date: On 15th of March at 19:00
Object: Participants will meet and form teams of one (1) to six (6) Participants to focus around a single project of developing a prototype (hereafter referred to as “Teams”). A Participant cannot be a part of more than one Team. Teams will have until 17th March at 13:00 pm to develop their prototype.
Phase 3: Start of work on the projects
Date: From 15th March at 21:00 until 17th March at 13:00.
Object: One mission: creating a solution that will make banking systems faster, smarter and more attractive. During the Competition, meals will be available to Participants for breakfast, lunch and dinner.
Phase 4: Evaluation and presentation of the prototype
Date: On 17th March around 13:00.
Object: From 13:00, each Team will present its prototype to the jury for a duration which will be determined according to the number of developed prototypes and which will not exceed 5 minutes.
Phase 5: Jury’s selection and Competition results
Date: On 17th of March around 16:00.
Object: Jury’s deliberation and announcement of winners and prizes
ARTICLE 4 – DETERMINATION OF WINNERS
The 2 winning Teams will be determined by a jury of 3 to 7 members representing industry professionals. The composition of the jury will be communicated to the Participants at the latest on 15th March. The jury will designate the winners on 17th of March near 16:00.
The winners will be selected from among the Participants who actually:
Satisfy the conditions for participation as set forth in the present rules
Participated in the Hackathon session
Were present during the submission of their prototype on 17th March, or – if need be – were excused by the other members of their Team.
The jury will select the winning Teams based on the following criteria:
Quality of prototype
Jury decisions are final and cannot be challenged.
ARTICLE 5 – PRIZES AWARDED
The Competition is endowed with 2 prizes:
1st prize: the sum of 10.000€ (divided equally between each non-Societe Generale-affiliated member of the winning team)
2nd prize: the sum of 2.000€ (divided equally between each non-Societe Generale-affiliated member of the winning team).
Employees of Societe Generale, Societe Generale Equipment Finance and related companies are invited to participate (and register via firstname.lastname@example.org) but will be excluded from winning cash prizes. Please get in touch with your company via the indicated email address for more information.
The gained prizes are neither exchangeable nor refundable against their cash value. BeMyApp reserves the right, if circumstances so require, to replace the prizes with others of equivalent value, without liability being incurred thereby.
An incubation program might be offered to the winning Teams to further develop the prototype. If an incubation program is offered, the terms of this agreement will be settled amongst the teams and the Organizer after the Competition has concluded.
ARTICLE 6 – PRIZE ALLOCATION
Prizes will be sent by BeMyApp to the winners within a maximum of 4 (four) months, to the address indicated by the winners.
If the address of a winner is unusable (illegible, incomplete or erroneous), the latter will lose the profit of its prize.
In addition, the Organizer cannot be held liable because of an error of routing of the prize, the loss of the prize during shipment, or inability to contact the winner.
No mail will be sent to Participants who did not win.
ARTICLE 7 – COMPENSATION
Participant waives all of his/her claims regarding compensation against the Organizer due to his/her participation to the Competition (in particular with regards to costs incurred for participation such as transport, accommodation, etc.) with the exception of drinks and meals which will be supplied by the Organizer during the duration of the Competition.
ARTICLE 8 – MODIFICATION, INTERRUPTION AND TERMINATION OF THE COMPETITION
The Organizer reserves the right to shorten, extend, modify or terminate the Competition, or a part of the Competition, as a result of a force majeure event without incurring liability as a result thereof.
In such case, the Organizer will provide notice thereof to the Participants by any means of its choice (including e-mail and/or publication on the Website), and, if the need arises, will communicate to the Participants the new rules applicable or the new ending date of the Competition, as the case may be. Each Participant may notify the Organizer by e-mail that s/he refuses the new conditions of the Rules, in which case s/he will be excluded from participating, which s/he expressly accepts. If no refusal is communicated to the Organizer within 72 hours, the new conditions of the Rules will be deemed to have been accepted by Participants.
In case of a modification to the Rules, cancellation or interruption of the Competition, or a reduction or an extension of its length, the Organizer waives all liability and Participants will not be entitled to any compensation.
ARTICLE 9 – FRAUD
The Organizer may cancel all or part of participations in the Competition if it appears that fraud has occurred in any form whatsoever, in particular computer fraud, during the Competition. The Organizer reserves, in this case, the right not to award prizes to fraudsters, to disqualify the concerned prototype project and/or to bring actions against the authors of these frauds. The Organizer shall not incur any responsibility towards the Participants because of the committed frauds.
Furthermore, the Organizer cannot be liable in case of damage, whether material or immaterial, caused during the Competition and thereafter, to the Participants, to their computing equipment, or to the data, including consequences which may ensue from it on their personal, professional or commercial activity.
ARTICLE 10 – EXPLOITATION RIGHTS AND INTELLECTUAL PROPERTY
Exploitation and property rights to prototypes developed during the Competition are reserved to Participants.
During the Competition, the Participants shall only use elements which are clear of any rights. Any third-party elements included in the prototype, including open source software, must be clearly identified with their version, the terms of the applicable license and any other details regarding their use. The Participant understands that this information is taken into account in the assessment for the allocation of a prize.
The prototypes shall not infringe any intellectual property right or images right. Each Participant warrants to the Organizer that their creation does not infringe in any way any third-party rights, and that s/he obtained, where necessary, the authorization of any third party.
By joining the Competition, Participants expressly authorize the Organizer and its sponsors, to publish, communicate, exhibit and disclose orally, graphically or in writing, projects and prototypes presented during the Competition for free. Each Participant agrees to be mediatized (portfolio, website, etc.) and authorizes the Organizer and its sponsors, for free, to present all the works realized on all the communication media used in support of this Competition as well as to mention names, first names and images of the Participants.
Under this regulation, the Participant shall not acquire any full or partial right of any kind on the name and trademark “BeMyApp” nor on any names and/or brands associated with BeMyApp, used alone, in association with or as part of another word or name, or any rights on trademarks, names or logos of BeMyApp, or any of its associated or related companies.
Under the same regulation, the Participant shall not acquire any full or partial right of any kind on the name and trademark of any sponsor nor on any names and/or brands associated with the sponsors, used alone, in association with or as part of another word or name, or any rights on trademarks, names or logos of the sponsors, or any of its associated or related companies.
The participant acknowledges that the organizer, Sponsors of the event, other entrants or others may have developed or commissioned materials similar or identical to the participants Entry, or may develop something similar in the future, and the participant waives any claims they may have resulting from any similarities to their Entry.
ARTICLE 11 – IMAGE RIGHTS
The Participants may be filmed or photographed during the event. By joining the Competition, the Participants agree to the use and the distribution of their image by the Organizer, including for promotional events occurring after the Competition. The production and distribution of films and photographs of the event will not lead to any compensation of the Participants.
ARTICLE 12 - CONFIDENTIALITY
The Participant acknowledges the confidentiality of all information and documents which have been shared with him/her throughout the Competition.
During the whole duration of the Competition, the Participant will not directly or indirectly use or share any information with any third party, unless s/he has obtained a written authorization to do so, delivered by the Organizer beforehand. This applies to information shared with him/her by the Organizer or shared with him/her indirectly upon the execution of this contract.
The Participant commits to delivering any document containing confidential information or shared with the Participant upon the execution of this contract, on the Organizer’s simple request. This confidentiality agreement is valid for 24 months from the start of the Second Phase mentioned in this contract.
ARTICLE 13 – PROTECTION OF PERSONAL DATA
The collection and processing of personal data relating to the Participant by the Organizer is primarily intended to ensure that the Competition will be properly completed and in particular to allow the Organizer to contact the winner and to award them the prizes in an efficient way and, if the case arises, to publish the list of the winners.
Participants have the right to access, update and/or obtain deletion of their data by requesting directly to BeMyApp at the address 86 rue de Charonne, 75011 Paris or by going to data.bemyapp.com.
ARTICLE 14 - RESPONSIBILITY
The Organizer reminds Participants about the characteristics and limits of the Internet network and declines any responsibility regarding any consequence that may occur while they are connected to the Internet network on the event websites and during their participation in the Competition.
The Organizer shall not be made responsible if Participants cannot connect to the website of the event due to a technical fault or in the event of any problem linked namely and not exclusively to (1) network overload ; (2) an electric or human error (3) any malicious intervention ; (4) a issue related to a phone line ; (5) an issue related to hardware or software ; (6) a hardware or software malfunction ; (7) a case of emergency ; (8) disruptions that may affect the smooth running of the Competition.
It is the Participant’s responsibility to take the appropriate measures to protect his/her own data and/or software located on his/her computer equipment, against any violation. The Participant’s connection to the event websites and their participation in the Competition is made under their own sole responsibility. The Organizer shall not be held responsible for any infection by potential viruses on the Participant’s computer equipment, or of the intrusion of a third party on their system.
The Organizer shall not be held responsible if, for any reason, data related to a Participant’s registration doesn’t reach the company or is illegible or impossible to process.
The Organizer reserve the right to exclude any Participant or person disrupting the Competition’s smooth running. They reserve the right to use any recourse, including suing anyone suspected of cheating, falsifying, or disrupting the process described in the Terms and Conditions, or suspected of trying to accomplish such actions. Any Participant deemed by the Organizer or by BeMyApp to have disrupted the Competition in any of the ways stated above, will be deprived of the right to obtain any prize, and no claim will be accepted consequently.
Participants remain solely and entirely responsible for the damages caused by them or their equipment to goods or people during the competition. They see to covering their risks by their own insurance and renounce any right to resort to the the Organizer in that respect.
ARTICLE 15 – APPLICATION OF THE TERMS AND CONDITIONS
This document is accessible on the event website defrag-the-dinosaur.bemyapp.com during the full duration of the Competition.
Participation in the Competition implies full acceptance without reservation of the present regulation. Participation in the Competition is strictly personal and the Participant cannot, under any circumstances, be replaced. Any claim relating to the Competition will be barred after the period of 6 (six) months from the deadline for participation stipulated in Article 1.
The T&Cs and any contractual and non-contractual disputes in connection with them shall be governed by, construed and take effect in accordance with German law. Any dispute arising out of or in relation to the Terms and Conditions shall be brought to amicable settlement.
In case of failure to reach an amicable settlement, the parties submit to the exclusive jurisdiction of the German courts to decide and settle any claim, dispute or matters arising out of or in connection with the T&Cs or established by them (whether contractual or non-contractual).
In Sales at Societe Generale Equipment Finance, the daily job is to provide the customer with the best fitted financial product.
The most important recurring tasks include recording sales reports, writing offers, sending documents,
starting internal tickets and answer client questions while being on the go. But the Sales experts are overcharged with administrative work, caused by a digitalization that complicates Sales’ daily work.
What is needed to push not only productivity of the sales personnel but also their personal motivation, is a holistic approach to a digital support system for their daily work.
Challenge #1: The Digital Sales Assistant
Every entity has the obligation to fulfil KYC processes, either with new customers or regularly with existing ones.
It costs money, time, and often causes errors due to its manual processes and it often takes several phone calls to ensure accuracy and exhaustiveness. This needs time to perform and significantly slows down the process.
To solve these issues, your mission is to establish a highly digitized shared platform that is accessible through an API, connects to most systems and is highly automated.
Challenge #2: The Shared KYC Platform
The creditworthiness analysis is essential for the credit decision.
During a credit analysis process, customers’ financial statements are currently analyzed through a manual process of interpretation by dedicated (and cost intensive) credit analysts or experts.
Data’s from the financial statements are entered manually in a format specific to each institution, which makes the system heterogeneous and cross-institutional collaboration highly complicated.
Your mission to solve this is to build a standardized platform, accessible via an API, that automates and simplifies the financial statements analysis process no matter which is the language.
Challenge #3: The Automated Financial Statement API
Many local dealers across Europe opt for off-the-shelf IT solutions which are not adapted to their needs. In their day-to-day work, they deal with a wide variety of calculations to design custom quotes which requires different factors and inputs to handle individual customer needs. Until today, dealerships are in no way connected to Societe Generale Equipment Finance (SGEF) or their IT systems.
In order to help the local dealers selling machineries, SGEF wants to build a plug-and-play module adapted to the dealers' needs for digitalization, particularly related to financing.
Your mission is to build a module that adapts to the client's needs in process digitalization while delivering connected and more automized finance modules from SGEF.
Challenge #6: The Plug-and-Play CRM Dealer Module
When signing a service or a rental contract, vendors usually include a lot of services which lead to an increase of the cost for the client. As a result, the client might decide to not decide for any of the mentioned services.
The goal of this challenge is to propose a different kind of more flexible service that can be tailored to the clients needs.
Your mission is to build an IT tool adapted to change the monthly amount based in the automatic reception from the vendor of the amount of the next month. The IT tool should include legal annexes, including the new product and any litigant of unpaid rentals due to the change of amount.
Challenge #5: The Automated "Pay-Per-Service"
The credit decision tool currently in usage at Societe Generale Equipment Finance consists of decision tree-based processes which are complex to maintain and costly to support. They have to be replaced by a more flexible solution that cannot rely on Deep Learning-based credit decision processes as they are not accepted by the regulatory bodies since the decision cannot be retro-engineered.
Your mission is to build an API-based platform offering a modular construction that will help to reduce decision time and costly manpower generated by credit analysts and which serves as an integrated decision maker based on scoring rules for the Retail market.
Challenge #4: The Automated Credit Decision Scorecard API