FINSEC focused on predictive and collaborative security for financial infrastructures; INFINITECH addressed regulatory compliance and sandbox environments for finance.
SIA SPA
Italian financial IT and payments company contributing big data, AI, and security expertise to fintech and public sector digital transformation projects.
Their core work
SIA SPA is a large Italian IT services and digital payments company headquartered in Milano, operating in the financial technology infrastructure space. In H2020 projects, they contribute expertise in securing financial infrastructures, building IoT and big data testbeds for fintech and insurance applications, and applying artificial intelligence to public policy. Their work bridges the gap between financial sector technology needs — such as transaction security, regulatory compliance, and real-time analytics — and advanced digital tools including blockchain, big data platforms, and AI-driven decision support.
What they specialise in
INFINITECH deployed IoT, big data, and HTAP analytics testbeds for smart financial and insurance services; FINSEC also dealt with data-intensive security monitoring.
AI4PublicPolicy applied artificial intelligence and big data to automate and improve transparency in citizen-centric public policy making.
INFINITECH explicitly addressed blockchain interoperability and regulatory compliance through digital innovation hubs and sandboxes.
How they've shifted over time
SIA SPA's H2020 involvement began in 2018 with a clear focus on protecting financial infrastructures (FINSEC), then expanded in 2019 into broader fintech experimentation with IoT, blockchain, and big data sandboxes (INFINITECH). By 2021, they moved beyond the financial sector entirely, applying their data and AI capabilities to public policy and digital governance (AI4PublicPolicy). The trajectory shows a company migrating from domain-specific financial security toward general-purpose AI and data analytics for the public sector.
SIA SPA is expanding from fintech-specific work toward AI and big data applications in government and public services, suggesting future interest in GovTech and civic AI projects.
How they like to work
SIA SPA operates exclusively as a participant, never taking the coordinator role, which is consistent with a large company contributing specific technical capabilities to research consortia rather than leading them. With 82 unique partners across just 3 projects, they work in very large consortia (averaging ~27 partners per project), typical of major Innovation Actions. This suggests they are comfortable in complex multi-partner environments and bring industrial-grade infrastructure or piloting capacity rather than driving the research agenda.
Despite only 3 projects, SIA SPA has collaborated with 82 unique partners across 21 countries, reflecting participation in large pan-European Innovation Actions. Their network spans most of the EU, with no apparent geographic concentration beyond their Italian base.
What sets them apart
SIA SPA brings real-world financial infrastructure operations experience into research consortia — they are not a research lab theorizing about fintech but an actual payments and financial IT provider testing innovations in live environments. Their transition into public sector AI signals they can serve as an industry pilot partner for projects needing a large-scale digital services operator. For consortium builders, they offer a credible deployment environment where research prototypes meet production-grade financial and government systems.
Highlights from their portfolio
- FINSECLargest EC contribution (EUR 280,000) and SIA's entry into H2020, focused on the high-stakes domain of predictive security for financial critical infrastructure.
- AI4PublicPolicyMarks a strategic pivot from fintech to GovTech, applying AI and big data to citizen-centric public policy — a new direction for the company.