Vista Equity Partners Names Winners for 5th Annual Global Hackathon

35 Teams from 20 Countries Competed to Drive Innovation through Enterprise Software

Vista Equity Partners, ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the completion of its 5^th Annual Global Hackathon. The portfolio-wide, global business innovation competition featured over 200 participants on 35 teams from 20 Vista portfolio companies spread across 20 countries, making it Vista's most geographically diverse hackathon to date. The event underscores Vista's commitment to product and technology excellence and innovation, while developing technical talent and providing opportunities for learning and networking for developers and engineers across Vista's portfolio.

The theme of this year's event was "Powering the Human Enterprise," examining how enterprise software can power productivity and unleash human potential while delivering triple bottom line impact. Product and engineering teams from across the Vista ecosystem came together to tackle a range of different problems, share best practices for product development excellence and generate viable business solutions during this completely remote hackathon.

"At Vista, we believe the transformative power of technology can be harnessed to supercharge company performance and improve lives," said Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners. "As this year's participants and submissions demonstrate, innovative thinking paired with technological expertise has the potential to inspire creative solutions to positively impact people and businesses around the world. This year's submissions are a testament to the amazing technical talent across the Vista ecosystem and strengthen our belief that technological innovation can drive meaningful change."

All entries were reviewed by a panel comprised of some of Vista's leading value creation, technology and ESG and DE&I experts. Submissions were judged based on innovation and originality, feasibility of productization and deployment, potential business and societal impact, completeness of vision and clarity of presentation.

"The power of the Vista ecosystem is the connectivity and opportunity it provides, and we are thrilled to see a large number of teams from across the Vista portfolio step up to compete in our annual hackathon," said Nadeem Syed, Senior Managing Director and Head of Value Creation at Vista. "From establishing a federated data network for collaborating in the fintech space to creating solutions aimed at helping recruiters develop fair, inclusive and effective hiring strategies, the innovative ideas at this year's hackathon not only showcased viable products for real business impact but also reinforced how the broader Vista ecosystem is well positioned to create value for all stakeholders."

Select winners of the 2022 Vista Global Hackathon include:

Finastra: Best Overall. Finastra's solution established a Federated Data Network, allowing financial institutions and fintech partners within its ecosystem to collaborate without the requirement of physical dataset share or manual partner agreements.

iCIMS: Best ESG. The iCIMS Talent Cloud aims to help recruiters develop fair, inclusive and effective hiring strategies leading to an increase in the number, quality and diversity of applicants.

IAS: Best AI / ML. IAS' solution leverages AI / ML to provide brand safety solutions in complex 3D virtual/Metaverse environments.

BigTime: Best Business Idea. BigTime's solution incorporates machine learning into the BigTime platform in order to help organizations make more informed and accurate financial forecasting providing better transparency into the state of their business.

"Our solution, developed in this year's Vista Hackathon, has given us the ability to immediately access data at scale in a completely decentralized, safe, and private manner, providing access to the right data at the right time and creating the potential to change how financial institutions collect and assess data," said Adam Lieberman, Head of Artificial Intelligence and Machine Learning, Finastra. "Our ongoing partnership with Vista has demonstrated the power of collaboration for innovation. We are delighted to have won first-place in its global hackathon; an important event bringing peers together to help create a better future."

Congratulations to all Vista companies who participated and the following winners from across all categories: Advanced, BigTime, Finastra, IAS, iCIMS, LogicMonitor, Mindbody, Pluralsight, Power Factors, SmartBear, STATS Perform and Xactly.

About Vista Equity Partners

Vista is a leading global investment firm with $96 billion in assets under management as of March 31, 2022. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.

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