February 23, 2024

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HKU and UCAS establish FinTech Lab

Image Credits: HKU, Press Release

The formation of an alliance between the HKU Business School and the School of Economics and Management of the University of Chinese Academy of Sciences (UCAS) marks another step forward for the international engagement and Fintech research projects of HKU Business School.

HKU Business School strives to advance academic and research excellence through new initiatives and collaborations. Building upon the existing collaboration in respect of the Theme-based Research Scheme Project on “Financial Technology, Stability, and Inclusion”, the HKU Business School and UCAS signed a memorandum of understanding (MOU) to establish the HKU-UCAS FinTech Lab, which enables both Schools to realise their complementary strengths and create mutual benefits through co-efforts in research and activities.

Capitalising on the strength of the two schools in financial, machine learning and engineering system research, the collaboration platform is expected to be a powerhouse of trailblazing Fintech research. More collaborative research and grant applications will be supported with more academic exchanges of faculty members.

The platform will be a cradle of next-generation researchers through joint supervision of PhD students and cultivation of talents. In addition, the collaboration will benefit the broader society with the co-created insights shared through publication of research, and organisation of knowledge exchange events with external stakeholders.

The Associate Dean (Research and Knowledge Exchange) of HKU Business School and the Project Coordinator of the Theme-based Research Scheme Project stated that amidst the backdrop of the challenging local, regional and global economy, it is vital for HKU Business School to build a stronger community sharing different views and expertise.

He noted that Fintech is a technology for all – it is essential to maintain financial stability among the institutions and economies, as well as fostering financial inclusion at the individual level to strengthen the economies’ resilience to future challenges.

“I look forward to creating synergies with UCAS, which is home for leading data analytics research in Mainland China, and contributing in the long-run to the development of Fintech industry for the benefit of Hong Kong, China and beyond,” he added.

The Dean of HKU Business School stated that the university is honoured to partner with the School of Economics and Management of UCAS to leverage the strengths of the two Universities as well as the two regions. This partnership represents a new milestone of HKU Business School for academic collaboration in Mainland China and we will continue to establish stronger connection around the globe.

Meanwhile, the Dean of UCAS School of Economics and Management, expressed that UCAS scholars have exemplary research in information management and digital economy, which are intertwined with FinTech in this digital age. One of the School’s strengths is its strong network with the government authorities and the industry. They are frequently engaged by these stakeholders on large scale FinTech initiatives and product developments.

Their work has successfully facilitated the policy-makers and company decision-makers to resolve major challenges in the highly sophisticated operational environment. The School values the establishment of the HKU-UCAS FinTech Lab and looks forward to having more collaboration with the HKU Business School through this platform.

In addition to contributing to the academic community, it is hoped that the platform will open the door for collaboration with international partners, as well as benefiting individual consumers and investors through promulgating our research and greater uptake of the applications.

PARTNER

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.

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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.

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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.

SUPPORTING ORGANISATION

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.

PARTNER

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. 

PARTNER

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.

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