AGDelta wins MAS Fintech Awards (Singapore SME) at the 2017 Fintech Awards
by Company Announcement November 21, 2017AGDelta was awarded the MAS FinTech Awards (Singapore SME) at the 2017 FinTech Awards on 16 November 2017, thanks to its award-winning B2B and B2B2C Digital Wealth Platform, and achievements over the past 12 months.
AGDelta was one of only four winners, out of an original 300 global submissions, winning over the judges based on criteria that included impact, practicality, interoperability, uniqueness and creativity.
AGDelta CEO Andrew Au (right) receives the MAS FinTech Awards (Singapore SME) from Deputy Prime Minister and Chairman, MAS, Mr Tharman Shanmugaratnam (left) at the 2017 FinTech Awards
“From the outset, AGDelta has worked to digitize the wealth management eco-system. Our goal has been to make financial investments, services and advice more accessible, relevant and safer for client advisors and their end customers”
says Andrew Au, CEO and Co-Founder of AGDelta, adding
“We have done this through the latest advances in Fintech, employing a combination of Artificial Intelligence (AI) and data analytics to enable the identification of more relevant investment opportunities. We have also employed RegTech to address compliance in 15 market jurisdictions globally in the areas of suitability and appropriateness across complex cross border settings.
As a result, we have become one of the largest B2B industry investments platforms in the region, handling over USD$1.5 trillion worth of financial investment product transactions, with a growth rate that has increased year-on-year.”
AGDelta won the MAS FinTech Awards (Singapore SME), provided to Singapore-based FinTech SMEs who, in the eyes of the 11 judges, demonstrated innovative and creative FinTech solutions. The judges consisted of C-Suite executives drawn from some of Singapore and the world’s best-known companies, including Mastercard, Prudential and Deloitte & Touche LLP, in addition to MAS.
Andrew Au adds
“The financial landscape is changing, and the industry is facing new challenges including growing regulation, digital disruption, and changing consumer demand among other things. AGDelta provides a solution to these challenges, and see this as just the beginning. We are looking forward to building our platform further with some exciting updates and product releases in the next 12 months that will truly connect buyers to sellers, and digitise Asia’s financial ecosystem.”
The 2017 FinTech Awards formed part of the Singapore FinTech Festival 2017, the largest gathering of FinTech companies, experts and entrepreneurs in the world, which took place at the Singapore EXPO on 14-16 November 2017.
The ten winners will together receive a total of S$1.15 million (US$850,000) in monetary support, of which AGDelta received S$150,000 (US$110,000).
Andrew Au adds
“It is truly both an amazing and a very humbling experience to be recognized for this award. AGDelta’s journey in breaking new barriers in the Digital Wealth space since the financial crisis has been nothing short of phenomenal. We have solved complex regulatory compliance challenges and used Artificial intelligence and machine learning technologies to fuel our new digital advisory solutions for some of the leading banks, licensed wealth advisors, and their clients.
I would like to thank the MAS, the distinguished panel of judges, our valued customers, investors, partners and the super team we have at AGDelta for contributing to this major industry recognition”
