Success story - B3 and 4KST sign partnership to structure Analytics products

Artificial Intelligence startup will have access to Plug, B3's Data Hub, to build solutions for the financial market 

4KST, an Artificial Intelligence TechFin focused on financial efficiency, and B3, Brazil's main financial and capital market infrastructure, announced on September 21 an agreement focused on sharing and developing data solutions for the financial market.

Born within a research center at PUCPR (Pontifical Catholic University of Paraná) in 2017, 4KST develops Artificial Intelligence solutions for the market, including anti-fraud and credit scores to reduce defaults. According to 4KST's CEO, Riccardo Lanzuolo, "the union of 4KST technology with the reliability of Brazil's stock exchange, B3, will expand the offer of modern solutions for the Brazilian market".. For him, the partnership comes at a time when the market needs intelligent decision-making support.

Fabiano Yasuda, Superintendent of Data & Analytics at B3, says that the partnership with 4KST reinforces the exchange's strategy of seeking new ways to offer high-quality products that help address customer needs. "In a financial market undergoing major transformation, with more demanding and sophisticated clients seeking innovation, it's exciting to be at the center of this, making our experience, robust data and human capital available, either in-house or with partners," says the B3 executive. 

About 4KST

4KST is a Brazilian technology startup specializing in Machine Learning and Data Analysis for the B2B segment. With solutions that result in better forecasts of fraud, defaults, sales, evasion, liquidity, etc.

 Using its own algorithm, the company develops high-performance Predictive Models, capable of being updated in real time. A differential that allows its clients to capture changes in the market and significantly increase their results.

Based in Curitiba, a member of the Itaú Cube and approved by Bradesco Inovabra StartUpsthe company is a venture funded by FINEP - Financier of Innovation and Research and was voted one of the most innovative startups in Brazil.

Find out more about 4KST: www.4kst.com

About Plug

Plug acts as a Data Huboperating in an open data and analytical intelligence ecosystem, connecting a large amount of information from different areas and strategic partners in a secure, approved and organized way, in order to connect the market and solve business problems. 

This variability of data and information unique to B3 makes it possible to offer customized solutions to the needs of each client, which are served by multidisciplinary teams that work in an agile culture, guaranteeing the delivery of solutions with the security, efficiency and reliability of data that only B3 can guarantee.

Find out more at www.b3.com.br/plug

About B3 

B3 S.A. (B3SA3) is one of the world's leading financial market infrastructure companies and one of the largest in terms of market value, among the global leaders in the stock exchange sector. It connects, develops and enables the financial and capital markets and, together with its clients and society, boosts Brazil's growth.It operates in the stock exchange and over-the-counter environments, as well as offering products and services for the financing chain. 

With headquarters in São Paulo and offices in London and Shanghai, it plays an important role in the market by promoting best practices in corporate governance, risk management and sustainability.  

B3. With the market, for the future. 

Find out more at www.b3.com.br