Sriram Aravamudan

The revised guidelines by MAS require financial institutions to embed fair dealing principles throughout a product’s lifecycle and the services provided. https://lnkd.in/gVk58Vbz #fintech #singapore #financialinstitution

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One of the most intriguing projects I've had the opportunity to work on involved implementing a combination of Cloud Infrastructure and Big Data Analytics for a valued client in Thailand. Mastering Cloud infrastructure is undoubtedly essential, but understanding the specific needs and intricacies of integrating it with Big Data Architecture is a true game changer. In this project, I not only excelled in building the infrastructure, but also provided valuable guidance at the application level, ensuring seamless data transformation, storage, and processing. It's the fusion of my expertise in Cloud management and data analytics that enabled me to successfully deliver this project, providing our client with a robust and efficient solution tailored to their unique requirements. #CloudInfrastructure #BigDataAnalytics #ProjectSuccess https://lnkd.in/gpcF52BK

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Ready to revolutionize your enterprise app development?  Download our exclusive whitepaper: "How Gen AI is Reshaping Enterprise Application Development" and discover the future of building enterprise applications. https://lnkd.in/gxHJk-pM Aspire Systems #AgileDev #Innovation #mach #applicationtransformation #cloudnative #softwareservices #modernization #agile #genai

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Cloudera, a leading enterprise data cloud company, has unveiled a strategic partnership with Aboitiz Data Innovation (ADI) to collaborate on advancing generative AI capabilities. This partnership aims to leverage Cloudera's expertise in data management and analytics with ADI's industry knowledge to drive innovation in AI solutions. By combining forces, both companies seek to accelerate the development and deployment of AI applications that foster growth and transformation across various industries. The collaboration underscores the growing importance of AI in shaping the future of businesses and underscores Cloudera and ADI's commitment to driving technological advancement. https://lnkd.in/g69n3tcE #Cloudera #AboitizDataInnovation #partnership #generativeAI #datacloud #analytics #innovation #AIapplications #industryknowledge #technologicaladvancement #businessgrowth #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

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A few weeks ago, I was invited to speak again at the apidays 2024 event here in Singapore. We made a separate 30min recording for easier sharing. Obviously, the agenda was already packed with AI content of all kinds, so I chose something practical that I feel will be relevant all the way up to AGI. I've been thinking about the concept of an "AI OS" for some months now, inspired by a series of cryptic tweets from Andrej Karpathy of OpenAI and Tesla fame. Anecdotally, I've heard from several Silicon Valley investors, that we're already seeing startups raise less capital, and get to MVP faster because of AI. Startups use AI wherever they can to design, build, tests, validate, sell and market their products. In my mind, we're kind of stumbling our way into AI transformation, and the AI OS is a possible blueprint that all companies could follow to formalize and structure how they embed AI into all aspects of their operations and products/services. Check it out, let me know what you think. #aios #genai #aitransformation #ainative

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Cloudy with the prospect of heavy downpour (of investments). 🌧️💸 Seems like Singapore's 🇸🇬 weather forecast are matching it's economic prospects thanks to Amazon Web Services (AWS) announcement. Like with anything it gains conviction on amazing to see the country position itself as a preferred cloud location for businesses look for regional growth. Singapore migration from #ports to #platforms is well underway. Time for a #ChiefCloudOfficer for Singapore? Though some would argue that jobs being done 'aready. https://lnkd.in/gGak9wtv

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Asset tokenisation has the potential to “fundamentally transform the nature of financial transactions” – Ravi Menon, ex-MD of the Monetary Authority of Singapore https://hubs.li/Q02FqKyx0 Non-subscribers can get a snapshot of Risk’s coverage. Registration is free, and allows you to read two articles a month: https://hubs.li/Q02Fqyrc0

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Amazon to Invest $8.88 Billion in Singapore Cloud Infrastructure Expansion Amazon Inc. revealed its intention to allocate S$12 billion ($8.88 billion) for the expansion of its cloud computing infrastructure in Singapore over the next four years, a move aimed at reinforcing its presence in the region's rapidly growing digital economy #Amazon #Tech #AmazonWebService #Cloud #ArabTimesNews

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Our Deputy CIO and Head of Fixed Income, Angus Hui was on DBS Bank’s “Asia Macro Mid-Year 2024 Outlook: Resiliency Amidst Volatility” panel session. He provided his perspectives on the outlook for the fixed income markets, and insights on how investors in Asia are positioning themselves for income and alpha opportunities ahead. #fixedincome #interestrates #income #opportunities #Asia Taimur Baig Archana Parekh Zhen Li

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The emergence of the SIJORI Growth Triangle laid the foundation for increased economic integration and collaboration among Singapore, Johor, and Riau. The collaborative efforts attracted significant investment interest from various sectors, including digital infrastructure. As the SIJORI Growth Triangle gained momentum, it became evident that digital infrastructure was a crucial component for sustaining and enhancing economic growth. Read the story behind the SIJORI Growth Triangle: https://lnkd.in/g8fJRSQJ #collaboration #digitalinfrastructure #investments #economicgrowth #digitalsector #singapore #johor #riau #region

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Calling the IPA a “significant development” for QCP, CEO Melvin Deng said: “We are proud to be the first Singaporean digital asset market maker and broker-dealer to set up here in the market and hope we can encourage others to venture into this dynamic market. We want to learn from what other players are doing in Abu Dhabi and the region and bring our expertise as a first mover in digital assets to the ecosystem.” Arvind Ramamurthy, Chief of Market Development at Abu Dhabi Global Market (ADGM) said: “As the digital assets landscape continues to evolve in the Middle East, we anticipate more companies like QCP to recognise the progressive and comprehensive nature of ADGM’s regulatory frameworks, fostering confidence in choosing Abu Dhabi as their regional base.” QCP’s move comes less than a month following its partnership with Further Ventures, a venture building and investment firm based in Abu Dhabi. Read more in Zawya Arabic here: https://lnkd.in/gC-TaZhr

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FTSE STI Total Return Index shows a more holistic picture of STI performance!

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🟡 Ngultrum meets DigiAlly one of the Singapore’s fastest growing FinTech company Upon receiving an invitation to Ngultrum, Tshering D. Dorji project lead, engaged in a virtual meeting with Mr. Shrikant Patil, CEO of DigiAlly, and his team today evening. Mr. Shrikant expressed a strong interest in collaborating with Ngultrum, sharing insights into DigiAlly’s offerings and his personal expertise that could contribute to Bhutan in partnership with Ngultrum. Our project lead provided an overview of Ngultrum, detailing its current status, pipeline programs, and projects. Despite its brevity, the meeting was highly productive, offering valuable insights for both parties on potential collaborative opportunities. Ngultrum eagerly awaits future meetings to explore practical collaboration in short and long-term projects further. 📍DigiAlly is one of the Singapore’s fastest growing #fintech pioneering a unique Trust based Embedded #Finance #platform for fostering “Frictionless Credit”. We help Financial Institutions make faster, cheaper and better decisions during their lending journey with SMEs. They create an AI powered Trust Score that is a representation of holistic health check of SME – proactively covering operational and market risks along with credit risk. DigiAlly assesses overall portfolio for Financial Institutions across the value chain and assists them optimize collections through Continuous Portfolio Monitoring. Our “embedded trust” powers global use cases across SME lending, supply chain assessment, cross-border payments, insurance and commercial leasing. We appreciate DigiAlly’s interest for collaboration with us and look forward to our upcoming meetings. #ngultrum #digially #meets

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Southeast Asia continues to be a magnet for cloud infra investment.

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The Monetary Authority of Singapore (MAS) is actively advancing asset tokenisation through its Global Layer 1 (GL1) initiative. In collaboration with international financial institutions like BNY, Citi, J.P. Morgan, MUFG Bank, and Societe Generale-FORGE, MAS aims to create a shared ledger infrastructure for tokenised assets. Over the past two years, MAS has worked with 24 financial institutions to pilot asset tokenisation use cases under Project Guardian. These institutions include asset managers, market operators, custodians, credit rating agencies, and commercial banks. Recently, S&P Global Ratings joined Project Guardian, contributing to the Fixed Income workstream by developing analytic frameworks and benchmarks for digital assets and tokenised markets. Alta Exchange, Hamilton Lane, and Phillip Securities are partnering on a tokenised private credit fund under Project Guardian.   The GL1 initiative focuses on developing standards, market practices, and governing principles for digital infrastructure supporting tokenised assets. MAS welcomes global industry associations like the Global Financial Markets Association (GFMA), International Capital Market Association (ICMA), and International Swaps and Derivatives Association (ISDA) to join Project Guardian’s industry group. MAS is establishing three workstreams to develop standards and frameworks across key asset classes. Collaborating with ICMA, the Fixed Income Workstream will create protocols and data specifications, including standard clauses for smart contracts related to fixed income products. In partnership with ISDA and the Global Foreign Exchange Division (GFXD) of GFMA, the FX Workstream will focus on FX data specifications, risk management frameworks, and documentation. Working with global custodians and asset managers, the Asset & Wealth Management Workstream will address common data models and risk considerations for fund tokenisation. A shared ledger infrastructure is essential to scale tokenised asset transactions globally. It must accommodate various tokenised financial assets while meeting regulatory requirements.   The impact of asset tokenisation on traditional financial markets is multifaceted. Tokenisation allows fractional ownership of assets, making it easier for investors to participate in markets that were previously illiquid. Traditional assets like real estate, private equity, and fine art can be tokenised, enabling broader access and liquidity. Blockchain-based tokenisation streamlines processes such as settlement, clearing, and ownership transfer. Transparency is improved through immutable records on the blockchain, reducing fraud and enhancing trust. Tokenisation democratises access to investment opportunities. Retail investors can participate alongside institutional players. Emerging markets and underserved segments gain exposure to global assets.   Terence Nunis Terence K. J. Nunis, Consultant Chief Executive Officer, Equinox GEMTZ

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