Darius Liu indicates that blockchain and smart contracts cut down settlement from 2 days to an instant.
ISTOX is a private capital exchange backed by the Singapore Exchange (SGX), Temasek subsidiary Heliconia Capital, Japan Investment Corporation (JIC) and the Development Bank of Japan (DBJ). Using blockchain and smart contract technology, the exchange overcomes manual processes in the traditional private capital space. The company’s Chief Operating Officer Darius Liu discusses business and technology perspectives.
Mehul Dani: What has been the digital strategy of your company for investors in India and other countries?
Darius Liu: iSTOX is a digital securities platform on a mission to democratise the private capital markets. We do that by fractionalizing investments in the private markets such as hedge funds, wholesale bonds and private equity, so that individual accredited investors can participate in amounts in the order of $10,000-$20,000 instead of $1 million. Investing in these private market products helps individuals diversify their portfolio because private market investments can have a relatively low correlation to the public markets. This added diversification can bring higher returns over the long term.
As a global platform regulated by the Monetary Authority of Singapore (MAS), we can onboard investors from any country in the world except the US. To date, we have accredited investors using iSTOX from 24 countries spanning Asia, Europe, the Americas, Australia and New Zealand. We do have quite a number of investors from India. Backed by the Singapore Exchange and Temasek-subsidiary Heliconia Capital, we received our full licence from the MAS in February 2020 – graduating from the MAS fintech regulatory sandbox in that month.
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Denne historien er fra April 2021-utgaven av Banking Frontiers.
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Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap: