Forestpin sponsors Moratuwa University team | Daily News

Forestpin sponsors Moratuwa University team

Priyank Tiwari, President and Regional Head-Corporate Marketing, Strategy and Fintech YES Bank, Chathuri Jayaweera, Indula Munasinghe, Uththara Chandratilake, Mahendran Sutharasan from team “Insight” Rajat Kanwar Gupta, President and Head-Business Analytics Solutions and Development COE, YES BANK, Subramanian Ramakrishnan, CEO, Sportsmechanics Pvt Ltd
Priyank Tiwari, President and Regional Head-Corporate Marketing, Strategy and Fintech YES Bank, Chathuri Jayaweera, Indula Munasinghe, Uththara Chandratilake, Mahendran Sutharasan from team “Insight” Rajat Kanwar Gupta, President and Head-Business Analyti

Team “Insight” a Sri Lankan team of third year Undergraduates from the Department of Electronics and Telecommunication of the Moratuwa University, Mahendran Sutharasan, Indula Munasinghe, Uththara Chandratilake, Chathuri Jayaweera came second in the finals of the YES bank machine learning competition in Bangalore. A machine learning competition that attracted 7000 participants and 1700 teams.

The whole team interned on machine learning at Forestpin during the last five months. Forestpin sponsored their air travel and YES Bank hosted their stay in India. On hearing of the performance of the team Dr. Nuwan Dayananda, Head of the department of Electronics and Telecommunication of the Moratuwa University said he is delighted about the achievement of students who are building skills in extremely important areas such as machine learning. After the finals, YES BANK DATATHON team said in a message to Ransith Fernando MD of Forestpin, “We are pleased to announce that four interns from Forestpin and students of University of Moratuwa, Sri Lanka (Indula, Uththara, Chathuri and Sutharsan) bagged the 1st Runner up position and the best student team at YES DATATHON-an initiative by YES BANK out of total 7000+ participants/1700+ teams. The team’s effort along with the depth of research and Analysis was highly appreciated by Rajat Kanwar Gupta, President and Head, Business Analytics Solutions and Development COE, YES BANK and other industry experts.

YES Bank invited data scientists, companies, researchers and students from all over the world in August to take part in an online machine learning competition that involved access to anonymized data of YES Bank to the finalists.

The competition attracted 7000 participants. The first round of the competition involved four different machine learning tests over a two month period where data was given and each of the teams was asked to make specific predictions. Based on the results 200 teams were selected to the second round which involved building a Data model prototype.

The second round had tough competition with teams comprising of students from top technology institutes like IIT Bombay, Chennai, Kharagpur and ISI Kolkata along with professionals from organizations like IBM, Walmart Labs, Siemens and Amazon Development Centre among others.

Forestpin is a Sri Lankan company that helps companies reduce operational risk by identifying transactions that are different from past patterns and use machine learning to improve the relevance of alerts.

Each year Forestpin offers a few full time machine learning internships. 23 year old Uththara Chandratilake who had a school education St.Joseph’s Balika M.V. Kegalle said that she was very proud as a Sri Lankan to know that they can successfully compete in Machine Learning not only with the best Indian students from IIT’s also with experienced data scientists.


 

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