Alpha Code's Founders Won the 1st Runner Up in Global Legal Hackathon

Two of Alpha Code Academy's founders (Olivia and Ray) won the First Runner Up in the Global Legal Hackathon that was organized by Thomson Reuters and held in over 20 countries, 40 cities all over the world!

At this Hong Kong’s very first LegalTech and RegTech hackathon, the team (The SCP Network, which stands for The Strongly Connected Parties Network) created a RegTech-focused prototype in 48 hours. It is a robust web based risk rating platform for customer and transaction review, aiming to address financial crime compliance issues for financial institutions and regulators, for instance, AML, KYC, sanctions, CFT, etc.

During the Hackathon, the team developed the prototype and pitched to experienced professionals from diverse backgrounds such as a senior in-house counsel from Tencent, the innovation lab manager from Commonwealth Bank, the global knowledge manager from DLA Piper, consultants from NewLaw firm Korum Legal and also fintech regulators from the Securities and Futures Commission.

The final pitches were made in front of judges including Paul Weiss Hong Kong’s senior partner, Deacons’ Chief Operating Officer, a City University Law School professor, venture capital firm CoCoon Ignite’s managing partner and LegalTech Zegal’s Chief Technology Officer.

Let's congratulate Ray and Olivia!