Upon wrapping up the successful Singapore FinTech Association (SFA) RegTech Sub-Committee Launch last Thursday, news of the launch were picked up by various news media. We are delighted that the recognition of RegTech has become more prominent, proving that the adoption of innovative technologies to overcome complex regulatory challenges has become increasingly important in this digital age, where manual and administrative business processes are moving towards automation and digitisation.
Highlights in the media include the feature of 'APAC RegTech Network', a joint initiative launched by RegTech committees of the FinTech associations of Hong Kong, Singapore and Japan. The network seeks to enhance cross-border collaboration to educate and implement RegTech across the region.
Cynopsis is also honoured that Chye Kit, our CEO and Co-founder, will be chairing the RegTech Sub-Committee and this was highlighted in local and global news media including The Straits Times and Regulation Asia. Chye Kit was also recently named as the Top 100 FinTech Southeast Asia Influencers 2019 in LATTICE80, a global FinTech hub that connects a community of 11,000 FinTech startups and 200,000 professionals.
Find out more in the following media features:
Singapore Business Review: https://sbr.com.sg/financial-services/more-news/singapore-fintech-association-launches-regtech-sub-committee
About Cynopsis Solutions
Cynopsis Solutions was established in Singapore in 2014 and offers regulatory technology (reg tech) solutions designed to automate KYC processes. It has operations in Singapore, UK, Taiwan and Vietnam. Cynopsis Solutions is a winner of MAS FinTech Awards 2018 and has been recognized as one of the REGTECH100 – an annual list of 100 of the world’s most innovative RegTech companies as determined by RegTech Analyst, a RegTech intelligence platform.