CIMB discovers budding digital talents in new hackathon competition

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KUALA LUMPUR (Jan 21): CIMB Group says its inaugural 3D Conquest -- a hackathon-style competition open to university students across the Asean region -- has uncovered budding data wizards, coding ninjas and digital disruptors.

Three teams were crowned champions in their respective categories of Data Science, Fintech and Coding at the competition's grand finale recently, the group said in a statement today.

Altogether, 33 teams involving 115 participants from Malaysia, Indonesia, Singapore, Thailand and Vietnam competed for the title of regional champion in their respective categories, and each regional champion team took home US$8,000 and a trip to Silicon Valley, with all 115 contestants getting a standing job or internship offer from CIMB.

“As a leading Asean universal bank, CIMB’s aspirations are also focused on opening up opportunities for the region’s youths. This competition has been an excellent platform to discover the participants’ creativity and mental agility in the three categories featured. 

"The impressive quality of the participants for the inaugural CIMB 3D Conquest bodes well for developing a robust pipeline of digitally-groomed talent to support CIMB’s future growth," said CIMB Group's group chief people officer Datuk Hamidah Naziadin. 

The regional champion for the Data Science category was Team Jet Et Al, from Thammasat, Chulalongkorn and Mahidol Universities, Thailand, who used alternative sources of data to assess loan applicants’ credit risk, to supplement existing credit risk models. 

Team Jake from University of Reading, Malaysia was the regional champion for the Fintech category. They were challenged to develop a contactless payment solution using a specific technology. Team Mamadei from Tunku Abdul Rahman University College, Malaysia bagged the regional champion title in Coding when they presented a prototype incorporating environmental, social and governance elements.

There were also 1st runner-up teams who took home US$5,000 in each category, while the 2nd runner-up teams walked away with US$3,000 each.

Data Science's 1st Runner-Up was Team REK, from Universiti Teknologi Malaysia, Malaysia, with the 2nd Runner-Up being Team E1, from the National University of Singapore, Singapore. 

Fintech's 1st Runner-Up was Team Wholistic, from Universitas Kristen Petra, Indonesia; the 2nd Runner-Up was Team Vest Your Time, Thammasat University, Thailand.

Coding's 1st Runner-Up was Team INUvators, from the Nanyang Technological University, Singapore; the 2nd Runner-Up was Team CIMB Wannabees, from the Singapore Management University, Singapore.

According to CIMB, the competition began on Sept 18 last year, with 715 teams or over 2,500 participants from 200 universities across Asean. These were shortlisted to 213 teams from seven countries at the country level held in Malaysia, Indonesia and Singapore. At the grand finale, nine teams were selected as winners.