UBS Collaborates With New Jersey Governor’s Office and New Jersey Big Data Alliance on a COVID-19 Financial Innovation Challenge for Local University Students

UBS, in collaboration with the New Jersey Governor’s Office and the New Jersey Big Data Alliance (NJBDA), will host UBS Pitch 2020, a competition that will challenge qualifying graduate and undergraduate students from participating NJBDA New Jersey-based universities to invent innovative solutions for the State’s COVID-19-related economic issues. Participating students could have the chance to win up to $10,000.

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“We’re looking forward to working with students to build and showcase their innovative capabilities”

“Bringing together students from New Jersey’s world-class universities to get hands-on experience harnessing technology to solve economic challenges is a phenomenal way for the leaders of tomorrow to positively impact their local communities today,” said Governor Phil Murphy. “The collaborative nature of the UBS Pitch competition is emblematic of what we as a state are trying to achieve as we work to emerge from the COVID-19 pandemic. I commend and applaud all of the participants.”

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“Since we launched the first UBS Pitch in 2017, we’ve seen tremendous success with the competition, and each year has brought increased participation, engagement and excitement,” said Robert Anselmo, Americas Head of Technology for UBS. “This year, we decided to challenge students to use their skills to try to understand a very real, and unprecedented challenge facing all of us in our communities.”

Using data science and machine learning, participants are asked to predict when a topic or theme will grow in importance, build a vibrancy model for New Jersey to determine which towns, counties and regions are becoming more or less economically vibrant, or develop an early-warning system for small businesses in New Jersey which are at risk of closure using current and historic economic data.

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COVID-19HR Technologymachine learningNEWSNJBDAUBS
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