We are pleased to announce that Kotaro Takahashi, Representative Director and CEO of AVILEN, Inc. (head office: Chuo-ku, Tokyo, hereinafter referred to as AVILEN), has been selected as a member of the standardization committee of the Financial Data Utilization Association (hereinafter referred to as FDUA). .

Through CEO Takahashi's participation in the FDUA standardization committee, AVILEN provided know-how accumulated since its establishment. By supporting the use of big data and AI, we will contribute to solving problems in the financial sector.

◆ Background

“The FDUA Standardization Committee has promoted standardization activities for organizations that utilize financial data by formulating the outline of its activities and holding information exchange meetings. We will further accelerate and expand this activity, led by study members consisting of experts with high-level expertise.”

From FDUA "Regarding the decision of review members for full-scale activities of the 'Standardization Committee'"

◆ Overview of standardization committee activities

“While cross-industry exchanges and deepening cooperation with related organizations, we will formulate standards for organizations that should utilize financial data. We are planning to establish a “data utilization organization check sheet” (tentative name). In addition, after enactment, we will use this check sheet to conduct fixed-point observations of the status of data utilization organizations at each financial institution, in an effort to raise the level of data utilization throughout the financial industry. ”

From FDUA "Regarding the decision of review members for full-scale activities of the 'Standardization Committee'"

◆ Overview of FDUA

FDUA's mission is to "update the possibilities of people and organizations with financial data", and with the rapid progress of digitalization in the financial industry, FDUA aims to contribute to the development of the industry and companies and to the improvement of individual skills. , financial institutions and AI startups gathered to work on promoting AI and data utilization from the practical perspective of financial institutions.

About AVILEN, Inc.

With the vision of "cutting-edge technology for all", AVILEN provides DX solutions centered on AI technology implementation and digital organization development to more than 530 companies (*1), mainly listed companies. doing. We provide end-to-end support for data-driven DX promotion, from the development of machine learning-related algorithms such as deep learning and support for their in-house production, to strategic planning for digital organization development and training of DX/AI human resources.

(*1) Actual number of service providers as of February 2023