The Collaboration

The AI in Finance initiative represents a strategic partnership between the University of Twente (UT) and ING Bank, one of the largest financial institutions in Europe.

Mission

To advance the application of artificial intelligence and data science in the financial sector through:

  • Cutting-edge Research - Developing novel AI/ML methods for finance
  • Talent Development - Training the next generation of AI/finance professionals
  • Knowledge Transfer - Bridging academia and industry
  • Ethical AI - Ensuring responsible AI deployment in finance

Partners

University of Twente

A leading technical university in the Netherlands, UT brings academic excellence in:

  • Computer Science and AI
  • Business Information Technology
  • Industrial Engineering
  • Applied Mathematics

ING Bank

A global financial institution with strong expertise in:

  • Risk Management and Modeling
  • Data Science and Analytics
  • Digital Banking Innovation
  • Regulatory Compliance

Key Focus Areas

  1. AI/ML in Risk Management

    • Credit risk modeling
    • Market risk prediction
    • Operational risk assessment
  2. Explainable AI (XAI)

    • Model transparency
    • Regulatory compliance
    • Trust in AI decisions
  3. Data Analytics

    • Customer analytics
    • Process optimization
    • Fraud detection
  4. Synthetic Data & Privacy

    • Privacy-preserving ML
    • Synthetic data generation
    • Federated learning

Leadership

Prof. dr. J. van Hillegersberg - University of Twente, Scientific Director Prof. dr. Jörg Osterrieder - University of Twente, Research Lead

Contact

For collaboration inquiries, visit our Team page or contact us at the University of Twente.