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Finance Montréal announces the contest themes of the FinTech Montréal 2013 Conference
MONTREAL, Jan. 10, 2013, 2013 (Canada NewsWire via COMTEX) --
A finance and information technology hub: 1 day, 5 contests, $50,000in
prizes
Finance Montréal, Québec's
financial cluster, today announced the theme of each contest of the
FinTech Montréal 2013 Conference, to be held at the Centre Mont-Royal
in Montréal on Thursday, May 16,2013. It also opened the entry period,
which will extend until February 28,2013.
"Finance Montréal is proud to launch contests promoting the development
of software applications in the financial field among corporate
developers and university students," said Eric Lemieux, Chief Executive
Officer of Finance Montréal.
Contest themes
The FinTech Montréal 2013 Contest, Relève universitaire category, which is sponsored by the Caisse de dépôt et placement du
Québec, invites university students to submit a software application
under the theme of the practical demonstration of the extraction and
use of the value of unstructured and structured data in financial
models.
The FinTech Montréal 2013 Contest, Développeurs corporatifs category, encourages entrants to submit a software application in the
financial field from among the following software application
categories:
-- The first category, sponsored by CGI, invites entrants to
submit a software application related to payment hubs or mobile
banking, or business intelligence applied on social media
information coming from customer relationship management.
-- The second category, sponsored by Jitneytrade, asks entrants to
submit a software application related to automated algorithmic
trading strategy on Canadian equity able to outperform at least
one of the following benchmarks: volume-weighted average price,
time-weighted average price, implementation shortfall.
-- The third category, sponsored by the Institut de la finance
structurée et des instruments dérivés de Montréal (IFSID),
encourages entrants to submit a software application related to
derivatives.
The contests' official rules are available at http://www.fintechmontreal.com/en/concours.php.
How to register
To enter the FinTech Montréal 2013 contests, you must complete the
on-line registration form available at http://www.fintechmontreal.com/en/concours.php, making sure to include your contact information and a description, in
no more than 3,000 characters, of the software application that you
wish to present. The registration form must be submitted before the end
of the entry period, or February 28, 2013.
Steps of the contest
From the end of the entry period until March 15,2013, the jury members
will evaluate all candidate files and select a maximum of ten
candidates per category for the semi-final. From March 15 to April 15,
2013, the ten semi-finalists for each category will have to provide any
supporting documents deemed useful in the evaluation of their software
application. The jury members will then have until April 22,2013 to
evaluate the software applications and the supporting documents of each
semi-finalist, in order to determine the five candidates per category
who will advance to the final. The five finalists per category will
have to submit, prior to May 5, 2013, a video presentation explaining
and/or demonstrating the innovativeness, usefulness and marketing
potential of their software application. On May 6, each finalist will
have to present his/her software application to the jury members. Each
finalist will be given a maximum of 20minutes to make his/her
presentation.
Prize-giving ceremony
The names of the winners for each contest category will be announced at
the prize-giving ceremony to be held as part of the FinTech Montréal
2013 Conference on May 16,2013. Each winner will receive a prize of
$10,000. Also during this ceremony, the winner of the FinTech Montréal
2013 Contest, Découverte category, will be announced and granted a prize of $10,000. The Découverte prize is awarded to the finalist who submitted the highest-scoring
software application for innovativeness, all contests combined, but who
did not win a prize in the FinTech Montréal 2013 contests.
Other sponsors
Under the honorary presidency of Henri-Paul Rousseau, the Forum
FinTechMontréal 2013 Conference is proud to count among its sponsors
other major players in the finance and information technology sectors,
namely, the Autorité des marchés financiers, Croesus Financial,
Desjardins Group, Finlogik, Fondaction, Heenan Blaikie, Hill+Knowlton
Strategies, Inovestor, Investissement Québec, Laurentian Bank, Maple
Fund Services, Montréal Exchange, National Bank, and Power Financial
Corporation.
More information on the FinTech Montréal 2013 Conference is available at
www.fintechmontreal.ca. Follow Fintech Montréal 2013 on Twitter, @FinTechMTL, or on our
FinTech Montreal Conference Facebook page and LinkedIn group.
About Finance Montréal, Québec's financial cluster
Finance Montréal was created in November2010 by the financial services
industry, at the invitation of the Government of Québec. Finance
Montréal's members include banks and financial corporations, government
bodies (the Government of Québec, the City of Montréal, the Communauté
métropolitaine de Montréal, and the AMF-Québec's financial market
regulator and supervisor), and universities. Finance Montréal fosters
initiatives in the field of human resources and derivatives in order to
strengthen the financial sector and achieve greater international
competitiveness.
SOURCE: Finance Montréal
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2013/10/c4967.html
SOURCE: Finance Montréal
To learn more about Finance Montreal-Quebec's financial cluster, visit their website
athttp://www.grappefinancemontreal.com/en/, write tomanuela.steis@cfimontreal.com, or
call Manuela Steis, Assistant to the Chief Executive Officer, at 514-287-1477, ext.
323. For questions about the FinTech 2013 Conference, write tosaberthiaume@m-x.ca,
or call one of the following members of our Organizing Committee: Laurent Terrasse
514-871-3534 or Stephanie Alison Berthiaume 514-787-6515.
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