THE Investment Management Association of Singapore has launched a fintech accelerator and mentorship programme for asset managers.
The Digital Accelerator Programme will allow fintech startups to work with professional mentors and develop solutions that can be rapidly commercialised. It aims to help investment management firms reduce costs and increase investment returns, while delivering differentiated experiences. Fintechs selected to take part in the DAP will work on creating digital solutions - with the aid of a mentor - on a given problem, such as how to better predict, monitor and manage new regulatory obligations, and how alternative data models and analytics can be used to develop signals in order to deliver greater returns. Up to 10 shortlisted firms will take part in the initial programme, which is open to local and global fintechs and related startups.
The shortlisted fintechs will present their solutions to over 300 delegates from venture capital firms, hedge funds, traditional asset management firms, and family offices at the IMAS Bloomberg Investment Conference 2019 on May 9, in front of a panel of judges. Prizes for up to three final winners will include embarking on a four-week acceleration programme, funding and access to professional mentors throughout this process.
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