Enfusion Awarded Certification as a FinTech under the Singapore FinTech Association (SFA)
Recognized by Monetary Authority of Singapore (MAS)
Designation underscores Enfusion’s commitment to help investment managers in APAC accelerate digital efficiency and operational resiliency.
CHICAGO, August 18, 2020 /PRNewswire/ -- Enfusion, a leading global provider of investment management technology solutions and services, announced today their certification as a qualified financial technology vendor by the Singapore FinTech Association (SFA). This certification is recognized by the Monetary Authority of Singapore (MAS) as part of the Financial Sector Technology and Innovation (FSTI) Digital Acceleration Grant (DAG) program to bolster digital transformation and agile workflows in Singapore and the region.
Building on Enfusion’s recent partnership with Tokyo Metropolitan Government to help grow Japan’s investment management market, this latest certification by the Singapore FinTech Association (SFA) underscores Enfusion’s commitment to support the growth of the institutional investment management community in the Asia Pacific (APAC) region. The DAG Institution Project kicked off by the SFA is part of their effort to boost Financial Institutions and FinTech in Singapore towards adoption of digital solutions.
It’s an honor to be recognized as a qualified and accredited FinTech by the Singapore FinTech Association, and, to participate in an initiative that enables Enfusion to be a recognized FinTech player by the Monetary Authority of Singapore. We are excited to be part of the continued development of a vibrant ecosystem for innovation in the Singaporean financial sector and the wider Southeast Asia region
Southeast Asia is home to 650 million people with a young and diverse population on the move and an internet economy projected to reach US$300 billion by 2025. Today, there are thousands of multinational corporations operating in the region, with many expecting Southeast Asia to be a critical part of their plans in the coming years. Enfusion’s status as an official Singapore FinTech Association (SFA) member will allow institutional asset managers and hedge funds in SEA to leverage a modern operations solution that is automated, scalable and efficient.
As part of Enfusion’s international strategy, this certification will allow the cloud native investment management software as a service platform to bring long-term digital capabilities and solutions to the buy-side community. Combined with Enfusion’s unique middle and back office outsourcing model, Enfusion seeks to strengthen operational resilience and efficiency, enhance risk management and client experience globally.
We recognize that Southeast Asia is a key region for strategic business relevance, and we are eager to expand our global client base as well as build momentum in Asia with our value proposition as the only cloud native platform with a co-sourcing model
Enfusion's cloud-based investment management software and analytics platform removes traditional information boundaries, uniting front, middle and back office in one system. We create enterprise-wide cultures of real-time, data-driven intelligence, boosting agility and powering growth.
A pioneer in developing innovative financial technology solutions, Enfusion partners with 450+ investment managers from 8 global offices spanning 4 continents. Enfusion's Managed Services was recently recognized as "Best managed services provider" at the 2020 HFM EU Services Awards.