May 2, 2024—Recently, the Hong Kong Monetary Authority (HKMA) launched the FiNETech series, bringing together over 100 banks, securities, and insurance companies, as well as technology firms, to foster collaboration in Wealthtech, Insurtech, Greentech, AI, and DLT. This initiative aligns with the “Fintech 2025” strategy, aiming to seize growth opportunities and provide financial institutions with convenient access to the latest information on sourcing options from the technology community.
We welcomed over 200 banking and finance professionals who saw how our NLP technology and large language models could automate compliance monitoring, reporting and ESG benchmarking. Echoing this year’s AI theme, we demonstrated our vision of Augmented Intelligence where human can work seamlessly with AI to exponentially enhance productivity in document review and due diligence.
The event was also an excellent forum for us to listen to our customers and deep dive into their pain points to guide our product strategy. Our team is excited to be part of the #Fintech2025 roadmap and will continue to innovate and drive FinTech adoption in Asia.
Our product analyst, Max Siu, sharing our customer success stories with executives from prominent financial institutions.
We would like to thank HKMA, KPMG and Quinlan & Associates for hosting the event and featuring us.
Read More: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/04/20240426-4/
About FiNETech:
FiNETech is a cross-sectoral collaboration promoted by the HKMA, supported by financial regulators(Securities and Futures Commission (SFC), Insurance Authority, Mandatory Provident Fund Schemes Authority (MPFA)), industry associations (The Hong Kong Association of Banks, FinTech Association of Hong Kong), technology community (HKSTP – Hong Kong Science and Technology Parks Corporation, Cyberport Hong Kong), and powered by market experts (KPMG China, Quinlan & Associates). Financial institutions will have one-stop access to the latest in innovation, expert insights, and potential partnerships that are essential for navigating through today’s and tomorrow’s tech-driven markets.