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AUSTRAC hosting ASEAN-Australia Codeathon to find innovative digital solutions for fighting terrorism financing

AUSTRAC hosting ASEAN-Australia Codeathon to find innovative digital solutions for fighting terrorism financing

The Australian Transaction Reports and Analysis Centre (AUSTRAC),
Australia’s financial intelligence agency, is hosting
the inaugural ASEAN-Australia
Codeathon
in Sydney from 14 to 16 March 2018 seeking innovative digital
solutions to fight terrorism financing.

Rapid integration in the region has created the need for
greater cooperation to deal with increasingly complex challenges like terrorism.
Deep transnational links between terrorist groups in different geographical
locations necessitates enhanced cooperation and information sharing between countries.
The Codeathon has been described as one tangible way that Australia and its
ASEAN partners can share challenges and resolve joint issues in innovative ways.

This event, being held in the run-up to the March 2018 ASEAN-Australia
Special Summit, builds on the strong regional partnerships between
financial intelligence units (FIUs) and industry, bringing together technology
and innovation specialists to tackle regional challenges in the fight against
terrorism. Subject-matter experts in CTF (counter-terrorism financing),
financial institutions, software developers, programmers, analysts, designers,
engineers and other skilled individuals from FIUs, and FinTech and RegTech
communities, from ASEAN as well as Australia, are expected to participate.
AUSTRAC is encouraging them to register by February 2, 2018.

In November 2017, Bank Negara Malaysia and AUSTRAC hosted
the first International FIU Codeathon
at the Counter-Terrorism Financing
(CTF) Summit in Kuala Lumpur, Malaysia. The 2017 CTF Summit winning team
created a program that provided cryptocurrency
users and platforms with an artificial intelligence-enabled service to red-flag
blockchain addresses that have been directly involved in, or linked to,
suspicious activity.

AUSTRAC CEO, Nicole Rose PSM, said, “We saw great success
with the first Codeathon event of this kind held in Kuala Lumpur in November
2017, and are looking forward to seeing similar outcomes from Sydney”.

“Countering terrorism financing is a challenge that crosses
regional borders, technical expertise and business sectors. A collaborative
approach to national security innovation is required to disrupt and dismantle
all means of terrorism financing in our region,” she added.

The Codeathon contributes to innovation in national security
and is very closely tied to the Prime Minister’s counter-terrorism (CT) agenda
for Australia and ASEAN. It draws on the alliances between public and private
partnerships and leverages them to deliver CT outcomes.

At the ASEAN-Australia Special Summit, senior officials will
convene at a dedicated CT Conference to discuss how Australia and its ASEAN
partners can work together more effectively to combat this shared and rapidly
evolving threat.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.