We are extremely delighted to share that the Singapore FinTech Association (SFA)’s RegTech Sub-Committee has recently launched the SFA RegTech Ecosystem Map. As the Chairman of the RegTech Sub-Committee, our CEO and Co-Founder, Chionh Chye Kit, had the privilege to give an opening introduction during the virtual event that was held on 17 September 2020.
The SFA RegTech Sub-Committee was launched in May last year, with the aim to promote the invention and adoption of technologies to overcome regulatory challenges in Singapore. The successful launch of the RegTech Ecosystem Map is in line with the vision and mission of the RegTech Sub-Committee, as it helps to foster collaboration between the RegTech Ecosystem participants, which includes RegTech Service Providers, Consultants & Professional Services and Infrastructure & Ecosystem Support, to achieve regulatory advantage and better regulatory outcomes in Singapore.
Besides the launch of the RegTech Ecosystem Map, another highlight of the webinar was the panel session where key panellists and industry experts had gathered together to discuss the challenges and best practices in cybersecurity, data privacy and technology risks. The panellists also shared several useful tips and advice with the audiences on the topics discussed.
We hope that the webinar has been useful and insightful for the participants, and we look forward to more webinars hosted by the SFA in the future.
Click here to view and/or download the ecosystem map.
About Cynopsis Solutions
Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.
Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally.