Desjardins Group joins forces with IVADO
Montréal, October 25, 2017 - Desjardins Group, the largest cooperative financial group in Canada, has become a member of the Montreal-based Institute for Data Valorization (IVADO), which aims to bring together industry professionals and academic researchers to develop cutting-edge expertise in data science.
Through this partnership, Desjardins Group and IVADO will pool their respective expertise in order to promote innovation in the field of financial products and services and to strengthen cooperation between the corporate and the academic communities.
For Desjardins Group, this commitment with the Institute is part of a process to prioritize the challenges of digital technology, which began with the creation of its innovation laboratory in December 2015. Cybersecurity, big data processing, performance optimization and the design of analysis algorithms are all examples of possible applications that ultimately support access to digital banking services that meet the needs of today's and tomorrow's users.
"The involvement of a major financial institution such as Desjardins Group represents a significant asset for the implementation of big data projects in the field of finance and greatly contributes to the resources of the Montreal data science ecosystem, of which IVADO is a part. We look forward to working together in meeting digital challenges," said Gilles Savard, CEO of IVADO.
Desjardins Group joins 23 other IVADO founding members, active in several key sectors of the industry.
Founded by the Université de Montréal, HEC Montréal and Polytechnique Montréal, IVADO aims to bring together industry professionals and academic researchers to develop cutting-edge expertise in data science, operational research and artificial intelligence. In essence, IVADO creates opportunities for knowledge exchange and collaborations between the specialists, partners, researchers, and students in its network. The objective of IVADO is to be the link between academic expertise and the business needs of organizations, from multinational corporations to start-ups. With over 1000 affiliated scientists (researchers, post-docs, PhD candidates, and research associates), IVADO is an advanced multidisciplinary centre for knowledge in sectors including statistics, business intelligence, deep learning, applied mathematics, data mining, and cybersecurity.
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