We are creating some awesome events for you. Kindly bear with us.

Australia Prime Minister Turnbull will deliver on Fintech Committee and Digital Identity framework

Australia Prime Minister Turnbull will deliver on Fintech Committee and Digital Identity framework

The Australian Government is turning a new leaf, aiming to make the country technologically able and adaptable. To do this, innovative technology must work in tandem with public policy. This occurs through greater private and public sector collaboration.

It was recently announced that the Australian Financial Systems Inquiry (FSI) report will deliver on the proposal for a fintech committee and a framework for nationally federated digital identities. 

The Australian Government is to deliver this framework for digital identities due to the demand for paperless authentication. The FSI highlighted the key benefits of such a mechanism. A nationally federated digital identity would improve efficiency, increase security measures, minimise costs, and ease the authentication process. These benefits were accepted by government as legitimate cause to create the framework.

The Australian Digital Transformation Office has been tasked with creating the framework for a nationally federated digital identity. We recently reported that the office is working on a Digital Transformation Programme to boost innovation and government service virtualisation.

All public and private sectors are prone to adapting to modernisation. Financial institutions could especially deliver greater services with the integration of advanced ICT.

The delivery of a Fintech Committee is said to help spur innovation collaboration between public and private sector bodies. In aligning with the public sector, private bodies can make sure that regulations and policy adjust to digital transformation measures.

This Fintech Committee will give emerging companies opportunities to engage with government. It would also be tasked with making sure government is responding appropriately to innovation in the financial sector.

The Fintech Committee proposal is to take shape by the middle of 2016. It will be linked to the ASIC digital finance advisory committee so as to not replicate work.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend