Nailesh Shah

Announcing our new client BIBD Securities, which is now live on the Avaloq platform. As a wholly owned subsidiary of BIBD Bank Islam Brunei Darussalam, BIBD Securities becomes our first client in #Brunei and marks a major milestone in Avaloq’s growth across Southeast Asia. With Avaloq, BIBD Securities has migrated its operations to a unified platform to enhance its Islamic investment offerings and brokerage services. The Avaloq platform now serves as the core wealth management system for BIBD Securities, consolidating back and middle office functions onto a single platform. Our platform also ensures a high degree of #automation and straight-through processing so our client can achieve greater operational efficiency and ensure high-quality service delivery across Brunei and #AsiaPacific. Jason Wong, Managing Director at BIBD Securities: “Our partnership with Avaloq supports us in delivering tailored, world-class wealth management services that align with Islamic values. By leveraging the Avaloq platform, we are able to serve our clients with personalized investment solutions while supporting Brunei’s #Vision2035 to build a dynamic and sustainable digital economy.” Vibhooti Chaturvedi, Regional Director for South Asia at Avaloq: “This go-live marks Avaloq’s first client in Brunei and a major expansion of our presence in Southeast Asia. The Avaloq platform enables BIBD Securities to scale its operations, roll out new products and services more quickly and to deliver an exceptional #WealthManagement experience.” Read the full press release here: https://lnkd.in/dQ2tG9Gx #AvaloqCommunity #IslamicFinance #DigitalTransformation #SoutheastAsia #Partnership #Finance #Innovation

327

10 Comments

Breaking news: CMB International brings their HK–Singapore Mutual Recognition Fund to Solana with DigiFT and OnChain 🇭🇰🇸🇬🪙 CMB International — one of Asia’s leading asset managers and part of the China Merchants Bank Group — has partnered with DigiFT and OnChain to tokenize the CMB International USD Money Market Fund via the CMBMINT token. The fund is licensed in both Hong Kong and Singapore and represents one of the first dual-licensed, cross-border mutual recognition funds to be tokenized on Solana. CMBMINT is deployed on Solana, alongside three other public blockchain networks, and offers: — Institutional-grade yield backed by a licensed money market fund — Access with fiat and stablecoin subscriptions/redemptions This launch demonstrates how regulated, large-scale financial products can integrate with public blockchain infrastructure, bridging traditional finance with 24/7, globally accessible Internet Capital Markets. More on the news from DigiFT here: https://lnkd.in/gm3vAvAn

188

13 Comments

Digital Banking Licences are reshaping the future of finance—and regulators in Singapore, Hong Kong, and the Philippines are leading the charge by issuing dedicated digital and virtual bank licences. It’s a clear signal: the future of banking is digital—and regulators aren’t just watching from the sidelines, they’re enabling it. Dedicated digital banking licences mean: - Lower barriers to entry – making it easier for tech-driven players to enter the market. - Acceleration of digital-first banking – speeding up the shift away from branch-heavy models. - A shift in regulatory philosophy – from reactive oversight to proactive innovation enablement. - Targeted financial inclusion – allowing banks to serve niche segments like SMEs, gig workers, and the unbanked more effectively. In Africa, there are whispers that proactive regulators like the Bank of Ghana may soon follow the Asian market’s example in issuing digital banking licences. This raises the question: - If you were starting a digital bank from scratch, where would you begin? - What key considerations and steps would guide your journey? That’s exactly the topic of my latest video—perfect for curious minds eyeing the opportunity to build a digital or virtual bank when regulation makes it possible. #DigitalBanking #Fintech #FinancialInclusion #VirtualBank #BankingInnovation #BankingTheUnbanked #BankingTransformation #FutureOfBanking #FintechAfrica https://lnkd.in/eeKua4p2

54

6 Comments

In today’s fast-evolving banking landscape, transformation is no longer optional — it’s essential. Eric Yeo, Country General Manager of AWS Vietnam, recently shared valuable insights on the powerful partnership between Temenos and AWS unlocking cloud banking innovations across APAC. This collaboration blends deep banking expertise with robust cloud infrastructure, helping institutions scale faster, stay agile, and stay compliant in a fiercely competitive market. Take PVcomBank in Vietnam. By shifting to Temenos Digital Banking on AWS, they transformed lengthy onboarding processes into seamless digital journeys—cutting weeks down to minutes—and saw a remarkable 130% increase in customer acquisition. Their mobile banking experience has become a key driver of growth for over a million customers. Vietnam International Bank (VIB) - Ngân Hàng Quốc Tế (VIB) also exemplifies cloud-first modernization with their "Mobile First-Cloud First-AI First" approach. Leveraging Temenos Transact on AWS, they have built a resilient, always-on infrastructure that enables dynamic scalability and superior mobile service delivery while harnessing AI for predictive analytics and personalized financial solutions. This shows how cloud native architecture combined with cutting-edge AI can propel banks to lead innovation, enhance customer engagement, and operate with greater efficiency. The future is clear: banks embracing cloud and AI will set the benchmark for banking success. Eric Yeo Vu Tran Giuseppe Marazzotta Nguyễn Gia Hưng Son Vu Thi Nguyen Dinh Le Hop Nguyen The Hung #CloudBanking #DigitalTransformation #BankingInnovation #Temenos #AWS https://lnkd.in/gkRS_nyW

48