FDIC Selects 11 Companies to Compete in Final Phase of Tech Sprint — 2021-01-11

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the selection of 11 companies to compete in the third and final phase of the agency’s Rapid Phased Prototyping Competition, a tech sprint designed to develop an innovative new approach to financial reporting, particularly for community banks. The FDIC selected the following companies to continue to Phase III of this competition: 1. ACTUS Financial Research Foundation, Inc. 2. BearingPoint 3. DSQuorum, LLC (Data Society) 4. Fed Reporter, Inc. 5. Fidelity Information Services, LLC 6. First Data Government Solutions, LP (Fiserv) 7. Neocova Corporation 8. Novantas, Inc. 9. Palantir Technologies Inc. 10. PeerIQ 11. S&P Global Market Intelligence, LLC The FDIC’s Rapid Phased Prototyping Competition seeks to develop technology for a timelier and less burdensome financial reporting and analysis process.