Tag: institute

  • New Institute to Lead Digital Finance Research in Singapore

    New Institute to Lead Digital Finance Research in Singapore

    Singapore will soon see the establishment of a research institute that will develop deep capabilities to support the needs of digital financial services in Asia.

    Expected to begin operations by the end of 2020, the Asian Institute of Digital Finance (AIDF) will provide thought leadership and strengthen synergies between education, research, and entrepreneurship in the thriving area of digital finance, a statement on Wednesday said.

    The institute, which combines education, research, innovation, and business incubation, is a joint initiative of the Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS), where it will be hosted.

    AIDF will be an important addition to Singapore’s rich and vibrant FinTech ecosystem. Through applied research and active collaboration with industry, AIDF will help to build strong capabilities in digital finance and fintech,» Ravi Menon, MAS managing director, said.

    Led by led by NUS Business School professor Duan Jin-Chuan, AIDF will offer masters and doctoral programs in digital finance and fintech, as well as train post-doctoral fellows in these fields, building a pipeline for fintech leadership development in Singapore and the region.

    A steering group comprising NUS deputy president and provost, Professor Ho Teck Hua, MAS chief fintech officer Sopnendu Mohanty and thought leaders from the financial and technology industries will provide guidance on curriculum design and align AIDF’s research direction with strategic priorities in Singapore and the region.

    The steering group will also evaluate the impact of AIDF’s research and identify opportunities for collaboration and partnerships in Asia and beyond, the announcement said.

    Potential areas of focus for research include digital assets and ledger technology, artificial intelligence and machine learning, digital finance platforms, green finance technology, and next-gen financial services on 5G networks.

    The institute will also establish a Fincubator program to drive transformation of ideas and projects by promising students and entrepreneurs into market-ready products and services.

  • New Financial Institution Launched in Singapore

    New Financial Institution Launched in Singapore

    A news Singapore-based firm, formed by home-grown industry veterans, targets financial technology, regulatory technology, infrastructure, and sustainability-driven enterprises. Licensed by the Monetary Authority of Singapore (MAS), Vanda Global Capital, formed by home-grown industry veterans, is focused on grooming high potentials in the technology vertical, and in impact-driven companies reflecting environmental, social and governance causes.

    The firm targets financial technology, regulatory technology, infrastructure, and sustainability-driven enterprises. Vanda prioritizes and emphasizes unwavering support of Singapore-based initiatives, congruent with Singapore’s vision of establishing the nation as a leading fintech hub, the company said on Tuesday.

    At the helm of Vanda is its CEO, Low Wei Ling, a banking and finance industry veteran of over 25 years of experience and with a solid track record in internationally acclaimed investment banking, asset management, universal and private banking business franchises.

    She serves the MAS Banking Advisory Group and was awarded the International Outstanding Young Private Banker of the Year for exemplary leadership globally. She is a judge of the MAS Global Hackcelerator & Fintech Awards.

    Vanda Global Capital’s leadership management team also includes industry visionaries like Richard Eu Yee Ming of Eu Yan Sang International and Wong Joo Seng of Spark Systems and co-founder of M-DAQ.

    As Co-Founder and Executive Director of the Board of Vanda Global Capital, Eu Yee Ming, who holds a Law Degree from University of London, was a merchant banker, stockbroker, venture capitalist and is also the Non-Executive Chairman of Eu Yan Sang International, a healthcare company that focuses on traditional Chinese medicine (TCM) with annual revenues of over S$300 million.

    Co-Founder & Non-Executive Director of the Board of Vanda Global Capital, Wong Joo Seng is a banking and finance veteran and a venture partner of Vickers Venture Partners. He is founding CEO of GK Goh Financial Services, the derivative trading subsidiary of GK Goh Holdings, and also co-founder of M-DAQ and the company’s founding Chairman.