MAS, Deloitte, and S&P Global Market Intelligence have collaborated to develop a prototype for an industry-wide Fintech Research Platform to help investors and financial institutions connect with fintech start-ups that they can partner with or invest in. The digital Fintech Research Platform is designed to help provide a comprehensive view of fintech companies, including their attributes on business models, use cases, funding, and technology stack. The platform is intended to enhance investor confidence in fintech companies through transparency of aggregated third-party and self-reported data and to accelerate decision-making by allowing users to compare fintech companies on one platform and prioritize the fintech firms that they can potentially work with based on parameters that matter most to the users.
Deloitte’s internal analysis discovered that investors and financial institutions currently do not have access to reliable and up-to-date company information of fintech start-ups and have to rely on informal networks to source investment opportunities. This limits their view of all the companies in which they might deploy capital. MAS, Deloitte, and S&P Global Market Intelligence will continue to explore opportunities to develop the platform further.
Keywords: Asia Pacific, Singapore, Banking, Securities, Fintech, Fintech Research Platform, Deloitte, S&P Global Market Intelligence, MAS
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