December 16, 2013 | Comments
On November 9, MongoDB hosted 200 attendees at their New York offices for the FinTech Hackathon. Sponsors including FinTech Innovation Labs, Yodlee Interactive, Dow Jones and Imagine Software awarded prizes for the most innovative and successful apps. MongoDB, Venmo, Bloomberg, and Dwolla contributed APIs, along with 16 other tech partners.
Developers had 24 hours to develop new financial technologies for consumers and customers alike. After a busy day of coding and networking, 31 groups shared their new applications.
Honorable mention was given to FinHack Thing of Wonder an app that collected and displayed financial news as bubbles floating across the screen. BizCredX, offering credit evaluations for companies trying to raise debt or equity capital, was awarded third.
SimplyShareIt snagged second using MongoDB’s API. They designed an application to automatically watermark documents or images, restricting unauthorized distribution, tracking when recipients opened the document, and engaging the recipient in a real time discussion while they read.
In first place was MangoFX, providing foreign exchange hedging solutions to small and medium-sized corporations with risk estimations and analytics, while executing hedges for end clients.
In addition to the overall winners, each tech partner awarded a prize to the application that best used their API. A complete list is below, and you can visit the FinTech Hackathon’s page to read about each project.
Oanda: Hedging Solution
Tradier: Trade on Rumor
Estimize: Peek Estimate
PsychSignal: Sentimize and Metricle
Imagine: Portfolio Hedge
Dow Jones: FinHack Thing of Wonder
Xignite: Equity Sentiment
OpenFin: SimplyShareIt, SocialQuant
Thanks to all our participants, as well as our generous sponsors and API partners. We saw some great projects and we’re already excited for the next hackathon. And thank you, as always, for your support of MongoDB.