Tailored IoT & BigData Sandboxes and Testbeds for Smart, Autonomous and Personalized Services (INFINITECH)
INFINITECH is a joint effort of global leaders in ICT and finance towards lowering the barriers for BigData/IoT/AI driven innovation, boosting regulatory compliance and stimulating additional investments. It will provide:
- Novel BigData/IoT technologies for seamless management and querying of all types of data (e.g., OLAP/OLTP, structured/unstructured/semi-structured, data streaming & data at rest), interoperable data analytics, blockchain-based data sharing, real-time analytics, as well as libraries of advanced AI algorithms.
- Regulatory tools incorporating various data governance capabilities (e.g. anonymization, eIDAS integration) and facilitating compliance to regulations (e.g., PSD2, 4AMLD, MIFiD II).
- Nine novel and configurable testbeds & sandboxes, each one offering Open APIs and other resources for validating autonomous and personalized solutions, including a unique collection of data assets for finance/insurance.
Innovative support and solutions for Big Data in Europe
Big data, artificial intelligence (AI) and Internet-of-Things (IoT) are essential in our data-driven environment – in all facets of daily life. However, many financial or insurance institutions still face difficulties using big data technology due to complicated regulations and the lack of testbed resources. The EU-funded INFINITECH project will undertake an innovative effort to boost regulatory compliance and enhance directed investments. Leaders in finance and ICT will aim to provide novel Big Data/IoT/AI technologies for managing and querying all kinds of data along with data governance capabilities. These disruptive tools will enhance innovations in business sectors and support nine novelty testbeds and sandboxes to offer open application programming interfaces (APIs).