Tech firms selected for EY Startup Challenge
Written by Michelle Stevens
Seven emerging tech companies have secured a place in the EY Startup Challenge, which will tackle the ‘right to be forgotten’.
The initiative is a collaboration between professional services firm, EY, and Canary Wharf’s technology accelerator space, Level39.
The challenge aims to find technical solutions that will enable EY’s clients to respond to the forthcoming EU General Data Protection Regulation (GDPR), particularly focusing on the ‘right to be forgotten’.
The programme will run from six weeks from today, and will see the participating startups receive a curriculum of workshops sessions, mentoring and guidance from senior leaders within EY and its client base, and access to EY’s wider business, including advisory, tax, accounting and corporate finance.
Robert Walker, lead advisory partner for EY’s technology, media and telecommunications sector, said: “We have been overwhelmed by the level of applications and the calibre of tech startups that have chosen to come forward and apply for this programme. Businesses have already told us they need access to more innovative expertise to help develop new technologies to respond to the changing regulatory landscape.”
The selected tech startups are:
• Exonar – allows organisations to understand what information is important, where it is, and who has access to it
• Mentat Innovations – building a real-time machine learning infrastructure SaaS product
• MyGravity – provides consumers a view of their digital self and provides companies a platform of services, products and technology to better use consumers’ data
• Privately – provides a platform that gives privacy to end-users by allowing them to delete social media posts from circulation
• Sedicii –allows identity confirmation without having to reveal personal identifiable information
• Yambina – provides tools for mapping data sources, applying data transformations and applying rules to data and managing exceptions
• QoiD –provides a secure method for customers to manage and control access to their information stored with someone they trust or self-host.