Monetary Authority of Singapore

Guotai Junan Futures Singapore starts formal operation

Retrieved on:

Tuesday, March 7, 2023

Belt and Road Initiative, SGX, Money, PTE, MAS, Monetary Authority of Singapore, Singapore Exchange, Weather, Bank, Drug, Guotai Junan Securities

LTD., a wholly-owned company of Guotai Junan futures, started formal operation Tuesday, marking a key step forward of Guotai Junan Securities' business layout in Singapore futures market.

Key Points:

LTD., a wholly-owned company of Guotai Junan futures, started formal operation Tuesday, marking a key step forward of Guotai Junan Securities' business layout in Singapore futures market.
To strengthen market existence in Singapore, Guotai Junan Securities has set up asset management company and securities company in Singapore.
As a new fulcrum for the cross-border financial development of Guotai Junan, the newly-established Guotai Junan Futures (Singapore) PTE.
At the launching ceremony, Guotai Junan Futures (Singapore) signed strategic cooperation agreements with Bank of China Singapore Branch and Saxo Capital Markets Singapore respectively.

Guotai Junan Futures Singapore starts formal operation

Retrieved on:

Tuesday, March 7, 2023

Belt and Road Initiative, SGX, Money, PTE, MAS, Monetary Authority of Singapore, Singapore Exchange, Weather, Bank, Drug, Guotai Junan Securities

LTD., a wholly-owned company of Guotai Junan futures, started formal operation Tuesday, marking a key step forward of Guotai Junan Securities' business layout in Singapore futures market.

Key Points:

LTD., a wholly-owned company of Guotai Junan futures, started formal operation Tuesday, marking a key step forward of Guotai Junan Securities' business layout in Singapore futures market.
To strengthen market existence in Singapore, Guotai Junan Securities has set up asset management company and securities company in Singapore.
As a new fulcrum for the cross-border financial development of Guotai Junan, the newly-established Guotai Junan Futures (Singapore) PTE.
At the launching ceremony, Guotai Junan Futures (Singapore) signed strategic cooperation agreements with Bank of China Singapore Branch and Saxo Capital Markets Singapore respectively.

Options and Digital Realty Expand Partnership to Accelerate Low Latency, Cost-effective Trading in Asia

Retrieved on:

Tuesday, February 28, 2023

View the full release here: https://www.businesswire.com/news/home/20230228005862/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230228005862/en/
Options and Digital Realty Expand Partnership to Accelerate Low Latency, Cost-effective Trading in Asia The partnership will provide customers with cost-effective, low-latency access to multi-asset trading environments, enabling next-generation trading methods including algorithmic trading (AT).
(Photo: Business Wire)
The partnership will provide customers with cost-effective, low-latency access to multi-asset trading environments, enabling next-generation trading methods including algorithmic trading (AT).
“There isn’t a better time for us to extend our partnership with Options into Singapore,” said Seamus Dunne, UK Managing Director, Digital Realty.
The extension of the partnership into Singapore marks another major deployment with Digital Realty and comes at a time of significant growth for the city.

London-based Downtown International enters JV with ONERHT to expand Asia-Pacific presence

Retrieved on:

Monday, February 27, 2023

Ecosystem, PSA, Senior management, Straits Trading Company, JV, Monetary Authority of Singapore, Tokenization, Appetite, Partnership, SDAX, Investment, Downtown, Growth, Book, City, RHT, ESR, Risk management, Commercial property

Downtown International is an award winning multinational real estate agency offering an extensive range of brokerage services for residential and commercial properties in downtown areas of major cities across the globe.

Key Points:

Downtown International is an award winning multinational real estate agency offering an extensive range of brokerage services for residential and commercial properties in downtown areas of major cities across the globe.
The JV partnership adds significant value and synergies to ONERHT's ecosystem of multidisciplinary professional services, including members RHT Real Estate and SDAX.
Access to the ONERHT ecosystem of multidisciplinary firms will place Downtown International at the forefront of future real estate trends."
"With a presence now firmly established in Asia, Downtown International will look to other major centres in the region to further develop its distribution channels.

Evercore Awarded Best M&A Adviser in Singapore for the Sixth Time in The Asset’s Triple A Country Awards 2022

Retrieved on:

Friday, February 24, 2023

Finance, Consulting, Banking, Professional Services, Asset Management, NYSE, Monetary Authority of Singapore, EVR, Money, Asset, Senior, Financial adviser, Management, Evercore

Evercore (NYSE: EVR), the leading global independent investment banking advisory firm, was once again presented the “Best M&A Adviser in Singapore” award by The Asset magazine at its 2022 Triple A Country Awards ceremony held on February 23, 2023.

Key Points:

Evercore (NYSE: EVR), the leading global independent investment banking advisory firm, was once again presented the “Best M&A Adviser in Singapore” award by The Asset magazine at its 2022 Triple A Country Awards ceremony held on February 23, 2023.
The Asset’s Triple A Country Awards are Asia’s preeminent recognition for best-in-class institutions operating within the region.
This is the sixth time Evercore has received the award of “Best M&A Adviser in Singapore” since 2015, the first full year that Evercore obtained its Capital Markets Services (“CMS”) license from the Monetary Authority of Singapore.
This is the 11th award that Evercore Singapore has been conferred by The Asset, including being awarded “Best M&A Adviser in Asia” in 2021.

Lion Announces Move into Green Digital Finance/Carbon Finance Sector

Retrieved on:

Friday, February 24, 2023

Carbon finance refers to any and all kinds of financial transactions and institutional arrangements that serve to reduce greenhouse gas emissions (GHGs).

Key Points:

Carbon finance refers to any and all kinds of financial transactions and institutional arrangements that serve to reduce greenhouse gas emissions (GHGs).
It originated from two international agreements, the United Nations Framework Convention on Climate Change and the Kyoto Protocol.
"In the future, we will continue to increase our efforts in the fields of fintech, digital carbon finance, AIGC, ESG, Web 3.0 and more.
Lion will devote itself to promoting the high-speed construction and high-quality sustainable development of the digital financial ecosystem business, creating meaningful growth and value for our shareholders," Mr. Wang remarked.

APS Asset Management and Nexus FrontierTech release technical white paper on AI-driven ESG data management

Retrieved on:

Thursday, February 23, 2023

SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Nexus FrontierTech ("Nexus") and APS Asset Management ("APS") have released a technical white paper written under the Monetary Authority of Singapore's ("MAS") Financial Sector Technology and Innovation ("FSTI") Proof-of-Concept ("POC") scheme, demonstrating the technological success and commercial viability of an artificial intelligence ("AI") platform for asset management.

Key Points:

Technical white paper on an AI platform funded by the Monetary Authority of Singapore that resolves challenges in ESG investing, including data interoperability
SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Nexus FrontierTech ("Nexus") and APS Asset Management ("APS") have released a technical white paper written under the Monetary Authority of Singapore's ("MAS") Financial Sector Technology and Innovation ("FSTI") Proof-of-Concept ("POC") scheme, demonstrating the technological success and commercial viability of an artificial intelligence ("AI") platform for asset management.
The paper details a unique collaboration and commercial innovation among investment managers, ESG experts, and technology providers across Singapore and China.
The results of this partnership are newly discovered insights into innovating AI-driven data analysis into investment processes, and the award-winning Environmental, Social, and Governance (ESG) data platform, ANAFES (APS-Nexus AI-Fundamental ESG System).
ANAFES also successfully demonstrated interoperability between an ESG framework such as GRI with an asset manager's in-house framework.

APS Asset Management and Nexus FrontierTech release technical white paper on AI-driven ESG data management

Retrieved on:

Thursday, February 23, 2023

SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Nexus FrontierTech ("Nexus") and APS Asset Management ("APS") have released a technical white paper written under the Monetary Authority of Singapore's ("MAS") Financial Sector Technology and Innovation ("FSTI") Proof-of-Concept ("POC") scheme, demonstrating the technological success and commercial viability of an artificial intelligence ("AI") platform for asset management.

Key Points:

Technical white paper on an AI platform funded by the Monetary Authority of Singapore that resolves challenges in ESG investing, including data interoperability
SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Nexus FrontierTech ("Nexus") and APS Asset Management ("APS") have released a technical white paper written under the Monetary Authority of Singapore's ("MAS") Financial Sector Technology and Innovation ("FSTI") Proof-of-Concept ("POC") scheme, demonstrating the technological success and commercial viability of an artificial intelligence ("AI") platform for asset management.
The paper details a unique collaboration and commercial innovation among investment managers, ESG experts, and technology providers across Singapore and China.
The results of this partnership are newly discovered insights into innovating AI-driven data analysis into investment processes, and the award-winning Environmental, Social, and Governance (ESG) data platform, ANAFES (APS-Nexus AI-Fundamental ESG System).
ANAFES also successfully demonstrated interoperability between an ESG framework such as GRI with an asset manager's in-house framework.

Fiserv Looks to Support New Payment Flows with Major Payment Institution License from Monetary Authority of Singapore

Retrieved on:

Tuesday, January 31, 2023

A Fiserv, Inc. (NASDAQ: FISV) operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), effective January 1, 2023.

Key Points:

A Fiserv, Inc. (NASDAQ: FISV) operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), effective January 1, 2023.
The license allows the company to provide merchant acquisition services and domestic and cross-border money transfer services under the Payment Services Act (PS Act) 2019.
Fiserv provides end-to-end payment acceptance solutions for small businesses in Singapore as well as solutions for large enterprise clients, facilitating integrated payment acceptance across physical and digital channels and offering a wide range of payment methods locally and at global scale.
The MPI license permits the continued offering of merchant acquiring services in Singapore and will allow Fiserv to support new payment flows for its clients including cross-border funds transfer services and real-time account transfers.

Eton Solutions selects Singapore for its International Headquarters and launches new Administrative Family Office Solution to support clients in the Middle East

Retrieved on:

Tuesday, February 14, 2023

Money, Family, Investment, Monetary Authority of Singapore, European Inter-University Centre for Human Rights and Democratisation, Software, ERP, United Arab Emirates, Trump administration family separation policy, US, Risk management, Drug, Film industry, Cryptocurrency

DUBAI, UAE, Feb. 14, 2023 /PRNewswire/ -- Eton Solutions, developer of the cloud-based AtlasFive® enterprise resource platform (ERP) for the family office of the future, today announced the launch of its Administrative Family Office solution and the establishment of its international headquarters in Singapore. While the Americas region will retain its primary focus, Eton Solutions' international headquarters in Singapore will enable the organisation to streamline its access and support to international markets without relying on North American resources.

Key Points:

The establishment of Eton Solutions' international headquarters in Singapore comes at a time when family offices in the island-state are growing rapidly due to the country's emergence as a global financial centre.
Eton Solutions, Executive Chairman, Satyen Patel said: "Singapore has become a major destination for family offices globally.
The company's new AFO™ solution takes advantage of this recent family office activity in Singapore and is available immediately worldwide.
Eton Solutions and its AtlasFive® platform is the only family office software available in the market that is built for a family office by a family office.