News & Blog

#SGUKpartnership: Cynopsis Solutions participates in DataFest2019

Posted on March 11, 2019

As part of Cynopsis’ efforts and participation in the Singapore-United Kingdom Partnership for the Future campaign to promote a digital economy, we are delighted to announce that Cynopsis Solutions will be attending the upcoming DataFest 2019! Our team from Singapore and UK will be attending both Data Talent and Data Summit that will be happening in Scotland on March 19 and Edinburgh on March 21 and 22 respectively.

What is #SGUKpartnership about?

The Singapore-United Kingdom Partnership for the Future builds on both Singapore and UK historical links by celebrating the two nations’ shared achievements and looks to the future through the launch of new collaborative initiatives.

Singapore and UK shared beliefs in free trade and international law and a strong commitment to the rules-based multilateral system are the foundations upon which the two nations are working together to embrace innovation and technology.

In the Singapore-United Kingdom Partnership for the Future, four areas are highlighted:

1. Digital economy

2. Sustainable business and innovation

3. Security and defence

4. Education, culture and youth

The Singapore-United Kingdom Partnership for the Future aims to solidify and expand existing links while creating new opportunities for cooperation in the years to come.

How does Cynopsis Solutions plays a part in the #SGUKpartnership by participating in DataFest 2019?

The Cynopsis’ team is looking forward to sharing our deep regulatory expertise and technology and data innovations with various industry players and leaders at the event. Interest in Regulatory Technology (RegTech) is growing fast due to the evolving regulatory landscape in the financial industry and it is beginning to play an important role in helping businesses better comply with regulations. Cynopsis Solutions combined innovative technologies with our deep regulatory expertise to develop solutions that help to resolve compliance professionals’ pain points globally. We digitize the analogue and automate the manual, creating a seamless, streamlined and digitized compliance workflow.

We will be introducing our RegTech solutions which consist of:

* ARTEMIS, our unique Know Your Customer (KYC) automation tool that has helped over 750+ B2B clients with their AML/CTF requirements,

* ARES, our digital onboarding platform that provides non face-to-face Know Your Customer (KYC) process

* and ATHENA, that helps to address the need for post-transaction monitoring obligations for sectors governed by regulatory bodies in respect of combating money laundering and terrorism financing activities in digital currency exchange.

Now in its third year, DataFest offers an unprecedented networking platform that promotes interaction between local and international talent, industry, academia and data enthusiasts. DataFest 2019’s main focus will be on collaboration, and encouraging participants to perceive data with a community and collaborative focus.

Cynopsis’ team will be first attending the Data Talent Scotland programme happening on 19 March. As part of DataFest 2019 programme and now in its third year, Data Talent Scotland brings together aspiring data science and engineering students with employers from across the country. The event is an opportunity to network, discuss and learn from some of Scotland's leading data leaders, professionals and researchers, while providing a networking forum to facilitate recruitment and employment.

On 21 and 22 March, our team will head to Edinburgh to attend the Data Summit. Data Summit is a two-day international conference presenting compelling stories on data innovation with keynote speeches, panels, pitches and lots of inspiration. The event brings together data leaders and practitioners across industry, the public sector and academia. The event’s main focus is to bring the communities together to collaborate - a key ingredient towards data driven innovation.

We look forward to seeing you at the DataFest 2019 and to sharing our commitment towards building a digital economy between Singapore and UK!

About Cynopsis Solutions: Cynopsis Solutions was established in Singapore in 2014 and offers regulatory technology (reg tech) solutions designed to automate KYC processes. It has operations in Singapore, UK, Taiwan and Vietnam. Cynopsis Solutions is a winner of MAS FinTech Awards 2018 and has been recognized as one of the REGTECH100 – an annual list of 100 of the world’s most innovative RegTech companies as determined by RegTech Analyst, a RegTech intelligence platform.

Website: www.cynopsis.co
Twitter: https://twitter.com/cynopsiss
LinkedIn: https://sg.linkedin.com/company/cynopsis-solutions
Facebook: https://www.facebook.com/cynopsis.co/

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