Morgan Stanley Recognizes Brighterion with Fintech Award at Firm’s Annual Fintech Summit
November 14 2017 - 9:00AM
Business Wire
60 Fintech firms presented innovative products across a broad
spectrum of the bank’s technology investments
Morgan Stanley (NYSE:MS) today announced that Brighterion, Inc.,
a Mastercard company providing innovative artificial intelligence
and machine learning technologies, has been honored with the
inaugural Morgan Stanley Fintech Award at its annual Fintech Summit
in New York. The Award recognizes the fintech company that had the
most significant impact on Morgan Stanley’s mission to continuously
innovate for its clients and business. Brighterion analyzes complex
data transactions and identifies new and unknown activity patterns
that could indicate fraudulent behavior. Brighterion’s founder, Dr.
Akli Adjaoute, Ph.D., accepted the award during the Summit’s
evening reception.
“Brighterion adds a new layer of protection to help keep our
clients’ assets safe,” said Jason Dandridge, Managing Director and
Global Head of Fraud at Morgan Stanley. “The open architecture of
the platform offers a remarkable level of transparency, providing
our teams with a faster and easier way to build, enhance and adapt
models.”
This year’s Fintech Summit brought together CEOs and leadership
from over 60 fintech companies with Morgan Stanley’s senior leaders
in business, technology and operations. Discussions focused on
technology collaboration opportunities across the capital and
alternative investment markets, client service, data and analytics,
banking and payments, regulatory and compliance as well as fraud
and security.
“The fintech landscape is diverse and rapidly evolving,
impacting our clients, front-office, back office, infrastructure
and regulators,” said Shawn Melamed, Managing Director at Morgan
Stanley and Head of the Technology Business Development. “By
facilitating a direct dialogue between promising fintech companies
and key decision makers in business and technology, we can
effectively explore and fast-track new client and business
opportunities.”
“The disruptive power of the fintech industry is best harnessed
in partnership with the experience and scale of a large financial
services organization,” said Robert Rooney, CEO of Morgan Stanley
International and Global Head of Technology. “We’re thrilled to
build new relationships with our Fintech Summit attendees to
accelerate innovation that helps Morgan Stanley drive our clients’
investment success, become more efficient and safeguard their
assets.”
Morgan Stanley (NYSE:MS) is a leading global financial services
firm providing investment banking, securities, wealth management
and investment management services. With offices in more than 42
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171114005385/en/
For Morgan StanleyMedia Relations:Christine Alberti,
212-761-6303
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