Press release: Alphien awarded Finance Innovation Label

Paris, June 19, 2019 - Alphien is proud to be awarded the Finance Innovation label for its Alphathon project. Alphathons are data science competitions organised on Alphien’s interactive platform, where investment professionals present investment challenges for Alphien’s community of researchers to solve. Participants providing the winning strategies will receive prize monies and can have their strategies licensed through Alphien’s distribution channel.

The Finance Innovation label* rewards the best innovative projects presented by FinTech servicing the French financial industry. Projects with the label have been evaluated by experts to have the ability to bring innovation in its field of expertise, alongside a structured and credible development plan and business model, supported by a team with the necessary skills.

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About Alphien:

Alphien is a FinTech based in Paris. The start-up connects the financial industry with the world of scientific research through its interactive platform. On the one hand, Alphien provides researchers with the technology and data they need to test and commercialize their work. Alphien thus opens an access to technology and data hitherto exclusively reserved for specialized management companies, such as hedge funds and other mutual funds. On the other hand, Alphien allows financial institutions to organize competitions on the platform in order to submit investment thematics to the best researchers and benefit from the results of their research.