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Competing against six innovative emerging tech firms at TABB Group’s FinTech Festival conference on November 1, Predata, a machine-learning, AI-driven platform built for anticipating global geopolitical events, was named the SuperNova award winner for 2018.
“The NOVA fintech competition was created to recognize the most exciting emerging tech firms’ innovating business models and workflows within capital markets,” says Bruce Morris, CEO at TABB Group. Predata was first selected as one of seven Nova winners by an independent panel of judges comprised of capital markets VC and innovation leaders and then bested the field to win the SuperNova award after pitching to and voted on by attendees at TABB Group’s FinTech Festival in New York City.
“Predata is honored to receive the 2018 SuperNova Award, and thankful to TABB Group for the opportunity to compete,” said Hazem Dawani, CEO of Predata. “At Predata, we’re delivering a new, quantitative approach to managing geopolitical risk within capital markets so that investment managers can consistently assess the risk of future market-moving events.”
According to Monica Summerville, TABB’s head of fintech research, “We kept the external judging process at arm's length to ensure 100% impartiality in selecting the seven firms.” She watched Predata’s presentation along with the audience for the first time at the conference, adding “My immediate impression after hearing Hazen’s pitch was that what Predata does sound a bit like magic. The audience agreed. We were all impressed.”
In July, Predata announced the launch of its new Focus and Foundation products for predictive analytics. The new SaaS-based products are built on Predata’s machine-learning and AI-driven platform for anticipating global geopolitical events. It was named by CIO Review as one of the most promising cognitive computing solutions of 2018.
