Bank of Baroda Finathon Challenge 2017 : bankofbaroda.co.in

Organisation : Bank of Baroda
Competition Name : Baroda Finathon Challenge
[Contest Last Date : 08-10-2017
Terms & Conditions : https://www.hackerearth.com/sprints/bank-of-baroda-hackathon/
Website : http://www.bankofbaroda.co.in/

Baroda Finathon Challenge :

The Bank introduces “Baroda Finathon Challenge”, a hackathon contest, inviting the techies, developers, students and start-ups to come up with exciting, innovative, novel and viable solutions under the listed themes.

Related : ICICI Bank Live Your Passion Grand Challenge 2017 : www.contest.net.in/26804.html

For about two months, expert developers will showcase how their solutions can help Bank in developing better banking systems. We invite you to not only enjoy the outcome, but also the journey through a challenge that puts you to test via a coding battlefield.

Prizes :
First Prize INR 5,00,000
Second Prize INR 3,00,000
Third Prize INR 2,00,000

Rules :
** This is a team participation Hackathon. Team Size can be maximum of 3 members.
** You can either invite your friends to form a team or you can request other teams to add you as a member.
** You cannot add/delete team members after the idea submission round ends.
** It’s an online Hackathon, you can participate from anywhere.
** One team can submit a hack on only one theme
** Once the Hackathon starts, you will get an option to submit your hack. You can submit as many times as you want, the last hack will be considered as the final submission.
** You need to mention all the APIs you will be using while submitting your idea.
** You are expected to come up with new and innovative ideas, any idea that has been copied from somewhere will be disqualified.
** Your hack must be developed entirely during the Hackathon duration. You may use open source libraries and other freely available systems / services such as Google Maps, Facebook Connect, Twitter feeds etc.

Evaluation Criteria:
Bank will go through the ideas submitted as part of the Phase 1 and will shortlist the ideas for development of prototypes. Teams whose ideas have been shortlisted would be informed by 14th October, 2017. The shortlisted teams would develop prototype of their proposed solution in phase 2 and submit before the hackathon submission Last Date of 5th Nov 2017.

Bank would evaluate these prototypes on the evaluation parameters mentioned below and the final shortlisting of solutions would be announced. The teams whose Solution are shortlisted would make presentation in the Grand Finale, where an eminent Jury will decide the final three winners.

The decision of Jury would be final and no questions would be entertained in this regard.
The Submission provided in Baroda Finathon Challenge will be evaluated on:
** Business Potential and Relevance
** Uniqueness in the approach and solution
** User Experience
** Functionality
** Scalability, Ease of deployment and maintenance
** Security aspects

FAQs :
Who can participate in Bank of Baroda Finathon?
All interested Techies, Developers, Students and Start-ups across the nation can participate in this event.There is no constraints on Age or Experience.

Is there a registration fee?
No, registration is absolutely free.

What should be the team size and it’s structure?
Baroda Finathon invites teams with size ranging from 1 to 3 members. An ideal team composition can be a Developer; a UX / UI specialist and an expert in banking domain. One Mandatory Nomination of team leader is required who will represent the group and drive the conversation on behalf of it.

Can an individual registration be made?
Yes, Individual developers can participate on their own.

How will the participants be intimated of successful registration in the event?
Confirmation mail will be sent by Hackerearth to the registered mail id of the Individual/Team leader..

How to submit the final solution in phase 2?
Participant can develop the application on their local system and submit it on HackerEarth portal in rar/zip file format along with the details which contains the instructions to run the application and the business benefits of their solution for the Bank.

Can the Bank’s, Partner’s and External APIs be used to develop solutions under themes other than Innovation Theme?
Yes. Participants can use Bank’s, Partner’s and External APIs to develop solutions under any other hackathon theme (Innovation, Customer Acquisition, Customer Experience, Conversational Banking, Collections, Compliance and Operational Efficiency).

Will bank provide reimbursement for travel expense for finalists?
All finalists will be reimbursed to and fro budget lowest economy airfares of the travel dates.

Will the bank provide accommodation for finalists?
No, the bank will not provide any accommodation.

What will be the evaluation criteria for this event?
The Submission provided in Bank of Baroda Finathon Challenge will be evaluated on the following parameters:
Business Potential and Relevance
Uniqueness in the approach and solution
User Experience
Functionality
Scalability, Ease of deployment and maintenance
Security aspects

Does a specific theme carries more weightage than others?
No, every theme carries same weightage. Judgement will be based on evaluation criteria mentioned in the rule section.

Does one have to be online and available for the entire duration of the Finathon?
No, one does not need to be logged in on HackerEarth or be online for the entire duration.

Is it compulsory to use any specific technology and is there any restrictions on using number of pre-built libraries?
It is not compulsory to use any specific language, technology stack, or libraries. Participants can use any of them to create the web/mobile application.

A fully developed application need to have a solid backend for data storage like SQL, SharePoint etc. Since the event is online, is it accepted to show only the prototype?
Participants must submit a bare minimum working prototype. If any database like MySQL or PostgresSQL is used, then database dump can be submitted along with the submission.

Where will the Finale take place?
Finale will be held in Mumbai.

In case of team, do all team members also have to be present during the Finale?
No, it’s not necessary for each member to be present at the Finale.

Can the solution be demonstrated remotely during the Finale?
No, the solution can not be demonstrated remotely.

What should the finalists bring to the Finale?
Working application, a brief presentation (video or ppt), if required and the devices needed to demonstrate how the solution works.

What’s the format of the demo portion of the programme?
Finalists will be given 15 minutes to present their application which will be followed by Q&A.

Who will own the IP of the prototype made by the participants?
The intellectual property of the application belongs only to the team/individual.

Can the documentation of solution be in a language other than English?
The Product / Solution may be in English or one of the Indian Languages. The materials presented by Participant (including any videos or materials) must be in English language only

What should I do if I have additional questions/queries?
A. Bank will respond to all questions/queries posted by participants on Hackerearth’s discussion forum. Participants can use discussion forum to post additional queries.