Zurich, 14 June 2017 - After the inaugural competition in 2015, UBS launches today the second global UBS Future of Finance Challenge.

The UBS Future of Finance Challenge is a competition open to Fintech companies around the world, through which UBS looks for innovative and potentially disruptive technological ideas and solutions that will support the transformation of the banking industry. Participants will have the chance to scale their ideas and technologies by leveraging upon UBS's global presence, deep expertise in global banking and ecosystem of innovation partners. Rewards for the regional finalists include USD 80,000 of cash prizes, up to USD 200,000 to fund 'proof-of-concept'/ pilot opportunities, and over 250 hours of dedicated coaching and mentoring from UBS experts and partners.

As the financial industry faces disruption and rapid technology changes, UBS is keen to find more solutions through four competition challenges: Digital Ecosystem, RegTech and LegalTech, Investment Banking 4.0 and Wealth in the Digital Age.

The UBS Future of Finance Challenge 2017 will be delivered in collaboration expert innovation partners and alongside Fintech companies from the Americas, Europe and APAC. This collaborative approach offers commercial and technical expertise to the participants, and provides them with global access to UBS business and technology leaders and the wider innovation ecosystem at the same time.

Check out the website now: www.ubs.com/innovate

UBS Group AG published this content on 14 June 2017 and is solely responsible for the information contained herein.
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