• Technology
    • Overview
    • AI Explainability
  • Solutions
  • Company
    • About Truera
    • Culture
    • Careers
  • Blog
  • Resources
  • Get a demo

Truera Selected at TechChallenge Showcase

December 7th, 2020

Jason Reeve

TechChallenge Showcase Hero

This month Truera participated in the BIS Tech Innovation TechChallenge organized by the BIS Innovation Hub and the Hong Kong Monetary Authority.  The purpose of the challenge was for the BIS Tech Innovation to showcase the potential for new innovative technologies to resolve problems in trade finance.  Truera responded to one of the problem statements put forth by the TechChallenge:

“SMEs still have only limited access to trade finance, mostly as a result of data gaps or data silos. Increasingly, technology-driven approaches are being developed to bridge these gaps and reduce these silos, and thereby improve SME access to trade finance. The aim of this part of the TechChallenge is to improve trade finance inclusion for SMEs through technology, including through tech-driven SME risk-profiling, trade authenticity verification and fraud risk assessment.”

Truera included in its application that its unique functionality unmasks the black box nature of advanced machine learning models. This will allow creditors to gain trust in the model’s predictions because they will be given specific answers as to why the model is making its decisions.  This trust not only includes the determining factors to a decision, but also addresses bias and fairness.

Of the over 100 solutions received by the BIS Tech Innovation, Truera is proud to make the shortlist.  Truera’s work with leading financial institutions like Standard Chartered to improve model quality, increase trust and eliminate unjust bias in AI decision making continues to prove how innovative model intelligence platforms can resolve issues like bias in the trade finance industry.

Jason Reeve
Jason Reeve

VP, Sales Engineering

Jason brings more than 20 years of experience selling and supporting category-defining products, developing technical field strategy, and building high-performing technical pre-sales organizations. He has been a key contributor at numerous early stage companies with notable exits at Skyhigh (acquired by McAfee), Clearwell (acquired by Symantec), and Peribit (acquired by Juniper). Jason holds a BS in Computer Science from the University of Connecticut.

Article Tags

Related Articles

See All Posts

TrustworthyAI Thumbnail

January 12th, 2021

Shameek Kundu

Trustworthy AI: essential and within reach
Read Article
SystematicExamination

January 5th, 2021

Team Truera

Machine learning models require the right explanation framework. And it’s easy to get wrong.
Read Article
Share this Post
Subscribe to our blog
Subscribe

Want to learn more?

Get a demo
Tru. Analyze Machine Learning. Improve Model Quality. Build Trust.
Stay Tru

Stay up to date with all our latest resources, blog posts, and news.

Subscribe
  • Technology
  • AI Explainability
  • Solutions
  • About
  • Culture
  • Careers
  • Blog

©2021 Truera. All rights reserved Privacy Policy

2000 Broadway #330, Redwood City, CA 94063 • 650-815-4005 • hello@truera.com

Get a Demo
  • See the power of Truera for yourself

By submitting this form, you agree to the Truera Privacy Policies.

Newsletter Signup
  • Stay up to date

    Stay up to date with all our latest resources, blog posts, and news.

By submitting this form, you agree to the Truera Privacy Policies.

Truera Raises $12M in Series A Funding. Learn More.