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IMAS’ Fintech Mentorship Program Returns

By Sarah Chen
1 min read
fintechshapingthefuture
fintechshapingthefuture
In this article (5)

The digital acceleration program gives fintechs the opportunity to work with professional mentors and develop solutions that can be rapidly commercialized.

The Investment Management Association of Singapore (IMAS) has announced details of its 2021 edition of the Digital Accelerator Programme (DAP), which will focus on ESG, automated data management, and risk assessment.

The Association-led buyside accelerator program is looking for fintechs with new approaches to improve and streamline operational processes, better manage data and risks, and create innovative tools to help managers manage their ESG regulatory requirements and reporting amidst fragmented global requirements. Partners for Track 1 include Nikko AM and Schroders. Interested fintechs have until 29 March 2021 to apply.

In Track Two, which will take place in June/July, IMAS will invite asset management firms to work closely with fintech companies to create opportunities for the showcase of shortlisted solutions with the best fit.

As many organizations operational processes change with the new CV-19 realities, we are creating a second opportunity for asset management firms to contribute problem statements which IMAS will then launch a global search for the relevant fintechs to solve, IMAS said in the announcement.

Questions & Answers

Q.

What are the key areas of focus for the 2021 Digital Accelerator Programme?

A.

The 2021 edition of the programme will focus on ESG, automated data management, and risk assessment. It seeks new approaches to improve operational processes and help managers with ESG regulatory requirements.

Q.

Which partners are involved in Track 1 of the programme?

A.

Nikko AM and Schroders are the partners for Track 1 of the Digital Accelerator Programme. These firms will likely work with the participating fintechs.

Q.

When is the deadline for fintechs to apply for the programme?

A.

Interested fintechs have until 29 March 2021 to submit their applications for the Digital Accelerator Programme. This is the cut-off date for initial submissions.

Q.

What is the purpose of Track Two in the Digital Accelerator Programme?

A.

In Track Two, IMAS will invite asset management firms to collaborate with fintech companies. This collaboration aims to create opportunities to show the most suitable shortlisted solutions.

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