New York Today Citi announced the top innovations from the Smarter Worklife Challenge, an inaugural competition and pitch event inviting leading tech companies to propose digital human resources solutions to enhance Citi's evolving workplace.
Solutions that will share a cash award of US$50,000 include Rocketrip, Infolio and Cooleaf. Rocketrip offers employee rewards through travel savings, and Infolio and Cooleaf are workplace platforms that encourage collaboration and team building, respectively. Citi established the Smarter Worklife Challenge, to identify digital platforms that can enhance the professional journey of its employees from recruitment through retirement. Visit the Smarter Worklife Challenge website to learn more about these innovations.
"As competition to attract and retain talent in our industry remains high, we are bringing new approaches and technologies to enrich the employee experience and attract top talent," said Michael Murray, Citi's Head of Human Resources.
"Smarter Worklife Challenge applies open innovation to connect more deeply with our employees and improve their experiences with a diversity of solutions from a thriving tech ecosystem. Through efforts like this, we are accelerating the pace of innovation within the firm," said Jorge Ruiz, Citi's Global FinTech Acceleration Head.
"The Smarter Worklife Challenge is an exciting channel for us at Citi to harness new technologies that improve how we work, bank, and live, and enables us to better serve our clients and communities," said David Chubak, Citi's Head of Productivity. "It's a privilege to herald the future of banking through co-creation and collaboration between the business and technology community."
Citi's Smarter Worklife Challenge received 133 submissions from 21 countries and shortlisted 19 finalists who presented their projects on February 11, 2016 at a Demo Day in New York City. Leading tech companies submitted advanced working prototypes of proprietary technology that Citi could use to improve talent management organization-wide.
Smarter Worklife Challenge Award Recipients include:
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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