Country for PR: United States
Contributor: PR Newswire New York
Friday, November 01 2019 - 10:26
AsiaNet
BNY Mellon Steps Up Commitment to Becoming a Driving Force in Singapore's Digital and Fintech Ecosystem
SINGAPORE, Nov. 1, 2019 /PRNewswire-AsiaNet/ --

BNY Mellon, a global leader in investment management and investment services, 
is reaffirming its commitment to being a leader in Singapore's vibrant and 
emerging fintech and innovative technology environment. The company, which 
established a Singapore presence in 1974, has continued to grow its influence 
in the region -- including the opening of its Singapore Innovation Center in 
2016. BNY Mellon is today announcing a number of new initiatives to further 
embed BNY Mellon into the fabric of Singapore's digital and financial 
ecosystem. 

"Singapore has continued to cement its position as a global hub of innovation 
in financial services due to the leadership of the Monetary Authority of 
Singapore (MAS). We are excited to deepen our relationships with MAS and other 
financial leaders to drive innovation and collaboration. Given our role of 
providing infrastructure for the world's financial markets, our early adoption 
of emerging technologies and partnerships with fintechs and other ecosystem 
participants, we can help strengthen and contribute to the dialogue influencing 
the evolution of the financial sector," said Roman Regelman, BNY Mellon Head of 
Digital.

1.  ASEAN Financial Innovation Network (AFIN): BNY Mellon has joined AFIN, 
which was established in 2018 to facilitate innovation and cooperation between 
financial institutions and fintechs in an effort to digitally transform the 
banking and financial sectors across southeast Asia to ultimately drive 
financial inclusion. BNY Mellon will be an advisor to the board through 
representation on the Strategic Advisory Council (SAC). Hans Brown, Global Head 
of Innovation, will represent BNY Mellon on the SAC. 

"I am delighted that BNY Mellon has joined AFIN's Strategic Advisory Council. 
BNY Mellon has been active in Singapore and has strong engagements in Asia 
driving digital initiatives. BNY Mellon will provide advice and support to the 
Board of AFIN, including the sharing of knowledge and expertise as an industry 
participant and direct user of APIX," said Sopnendu Mohanty, Chief Fintech 
Officer of the MAS.

2.  Singapore FinTech Festival: BNY Mellon will have a robust presence at the 
Singapore FinTech Festival (SFF), from 11 to 15 November 2019.

    -- Roman Regelman ( 
https://c212.net/c/link/?t=0&l=en&o=2629008-1&h=1960644356&u=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fregelman%2F&a=Roman+Regelman 
) 
       will participate on a panel discussion on digital transformation on 11 
       November. 
    -- Hans Brown ( 
https://c212.net/c/link/?t=0&l=en&o=2629008-1&h=2623806719&u=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fhansbrown%2F&a=Hans+Brown 
) 
       will join the panel "CEO Perspectives on Financial Services 
       Innovation" on 12 November. 
    -- Innovation Lab Crawl: As part of the festival, BNY Mellon will host a 
       tour of its Singapore Innovation Center on 14 and 15 November from 10 
       a.m. - 12 p.m. Visitors will participate in panel discussions on "The 
       Power of Diversity & Inclusion in Innovation." BNY Mellon will also 
       showcase innovation stories and offer the opportunity to network with 
       user Experience/User Interface (UX/UI) and AI/Machine Learning experts 
       and to experience interactive augmented reality content from BNY 
       Mellon's art collection. 

In addition to participating in SFF, BNY Mellon's Executive Committee will be 
in Singapore to host a number of employee and client activities, reaffirming 
the company's commitment to building its presence in the region.

About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients 
manage and service their financial assets throughout the investment lifecycle. 
Whether providing financial services for institutions, corporations or 
individual investors, BNY Mellon delivers informed investment management and 
investment services in 35 countries. As of Sept. 30, 2019, BNY Mellon had $35.8 
trillion in assets under custody and/or administration, and $1.9 trillion in 
assets under management. BNY Mellon can act as a single point of contact for 
clients looking to create, trade, hold, manage, service, distribute or 
restructure investments. BNY Mellon is the corporate brand of The Bank of New 
York Mellon Corporation (NYSE: BK). Additional information is available on 
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at 
www.bnymellon.com/newsroom for the latest company news.

Media Contacts:

Sai Man 
+852 2840 6632
sai.man@bnymellon.com 

Roy Chew
+65 6372 6974
roy.k.chew@bnymellon.com 

SOURCE BNY Mellon
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