Ahead of the 2024 Singapore Fintech Festival (SFF), a delegation of seven innovative tech companies from Ireland and Northern Ireland will be heading to Singapore for a trade mission from November 04 to 08, 2024.
This mission, led by economic development agencies Invest Northern Ireland and Enterprise Ireland, aims to provide promising Irish companies with the opportunity to explore market opportunities in Singapore, make new business connections and grow their exports.
It will comprise prominent fintech firms Funds-Axis, FD Technologies, FinTrU and Fern Software, as well as leading tech companies Kyber Digital, EOS IT Management Solutions, and Neueda. These companies represent some of the most dynamic and fastest-growing players in Ireland and Northern Ireland’s tech and fintech sectors.
Featured Irish companies
Funds-Axis, a regtech company, specializes in simplifying the complexities of risk, compliance and regulatory reporting. With a combination of regulatory expertise and best-of-breed technology, the company offers a single multi-modular platform for a range of investment compliance and regulatory reporting. Its clients include leading global asset managers, fund administrators, hedge funds and depositary banks in the UK, Ireland, Europe and North America.
FD Technologies is a group of data-driven businesses across three key business divisions: KX, the leading technology for real-time continuous intelligence; First Derivative, a provider of technology-led services in capital markets; and MRP, the only enterprise-class, predictive accounts based marketing solution. FD Technologies operates from 15 offices across Europe, North America and Asia Pacific, and employs more than 2,500 people worldwide.
FinTrU is renowned for its expertise in know-your-customer (KYC), compliance, risk and legal. The company develops technology-enabled client lifecycle management solutions for leading global financial institutions. It operates out of offices in Belfast, Derry/Londonderry, London, Letterkenny, New York and Porto.
Fern Software is a leading provider of banking software for inclusive financial institutions such as microfinance institutions, credit unions, small and medium-sized enterprise (SME) lenders and development banks. Incorporated in 1979, the company has a global presence with over 300 sites in 40+ countries, 3 million borrowers and offices in Amsterdam, Belfast, Singapore, Tiruchirappalli and Toronto.
Kyber Digital is a full-service digital agency set-up over 20 years ago with extensive experience in the creation of websites, phone apps and web apps. The agency has completed more than 3,000 projects, has a client base exceeding 700, and says it has won more than 15 awards.
EOS IT Solutions is a family-run global tech and logistics company, providing collaboration and business IT support services to some of the world’s largest industry leaders. EOS IT Solutions provides its customers with leading technologies to strengthen their business infrastructures. The company has more than 20 offices worldwide and employs over 2,300 people.
Finally, Neueda, founded in 2002, helps organizations unlock the potential of their people and leadership teams through a winning combination of training, coaching and mentoring. The company specializes in software engineering, cloud platforms, data science and artificial intelligence (AI).
Northern Ireland: a leading fintech hub
Northern Ireland has become a global fintech hub, boasting a vibrant ecosystem of local innovators and international financial services leaders. Today, the region is recognized as one of the high-growth fintech regions in the UK with major US players such as Citibank growing towards 4,000 people. It also claims the highest concentration of fintech employment in the UK, with one in five people working across the financial and tech sectors in Northern Ireland.
This success is partly fueled by the global expansion of prominent Irish fintech companies such as Options Technology, Lightyear, Datactics and Regtick. These companies are increasingly looking to scale their operations internationally, with Asia identified as a key growth market.
The upcoming trade mission underscores the commitment of both Ireland and Northern Ireland to fostering this growth and supporting domestic fintech companies in their pursuit of an expansion into Asia.
Singapore, known for being one of the most open and competitive economies in the world, is currently the fourth-largest global financial center and a gateway location to business growth in Southeast Asia. Recognizing this, Northern Ireland has identified significant export opportunities for its fintech and broader tech sectors within Singapore, and has forged growing ties with the nation to build trade links and help Irish companies to scale to the market.
SFF will be back for its 9th edition from November 06 to 08, 2024, bringing together a prestigious lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers to foster collaboration and shape the future of the global financial ecosystem.
This year’s event will examine the transformative potential of AI and quantum computing in revolutionizing financial services and to deliver sustainable and inclusive economic growth. As the world continues to deal with the challenges of climate change, SFF 2024 will also highlight the role of fintech in driving sustainable finance.
SFF is an annual fintech event organized by the Monetary Authority of Singapore and Elevandi and Constellar, in collaboration with the Association of Banks in Singapore. Since its inception in 2016, SFF has become a premier platform for the global fintech community to engage, connect, and collaborate on issues relating to the confluence of financial services, public policy, and technology. Last year’s edition brought together 66,000 participants from 150 countries.
Visit the Ireland & Northern Ireland stand at the upcoming Singapore Fintech Festival in Hall 5, Booth #5F29. If you wish to learn more about Northern Ireland’s thriving tech industry, visit this website.