Ethikom: Harness the Power of Smart Compliance

Top 10 FinTech Consulting/Service Companies - 2020

Today, banks and other financial institutions are increasingly adopting strong customer-centric models that deliver an enhanced customer experience. The financial technology (fintech) industry is playing a pivotal role in effectuating this transition. With the increase in venture capital (VC) funding and technological advancements, fintech is spurring a new wave of services in the industry. From personal digital assistants to investment tools, fintech is responsible for some of the most innovative and intuitive solutions in the financial services industry. Thanks to fintech, financial services and technology have converged together today, and with this union comes both synergies and disruptions.

On that front, artificial intelligence (AI) and machine learning remain the prominent technologies that influence the rapid growth and development of new solutions in the fintech industry. For instance, AI is extensively being leveraged to develop personal digital assistants, provide personal financial advice, and enhance customer engagement. And through machine learning, these AI-engineered chatbots and assistants can get smarter with time. Similarly, big data can enable financial institutions to provide personal and actionable insights to customers. Utilizing big data, these institutions can also give relevant product and service recommendations to potential customers using targeted marketing. Blockchain is another major technology that can disrupt the sector. While the growth of blockchain has been slow in the sector, it can significantly improve the speed and security of financial transactions.

At this juncture, there is a variety of fintech solution providers and consulting/ service companies available in the market that caters to the different needs of the banking and financial institutions. To help them choose the solution, consulting, or service that best fits their requirement, APAC CIO Outlook has compiled a list of the top 10 fintech solution providers and consulting/ service companies. The enlisted solution providers and consulting/service companies are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you APAC CIO Outlook’s, “Top 10 FinTech Consulting/Service Companies – 2020.

Top FinTech Consulting/Service Companies

Ethikom

A Singapore-based compliance consultancy, Ethikom specializes in helping global financial services, FinTech, blockchain-based companies grow in Asia

ethikom.com

BANQ

An electronic investment banking platform that takes the entire public and private offering process digital and online, providing access to U.S. opportunities and offerings in the U.S. markets. BANQ® widely markets its offerings utilizing the new general solicitation and advertising rules promulgated by the U.S. Securities & Exchange Commission, in response to the passage of the JOBS Act of 2012 including Reg A+ and Reg D. BANQ® executed the first Reg A+ offering on to the NYSE and has been a pioneer and leader in the Reg A market place

Carpadium

Carpadium Consulting is an IT services company located in Sydney, Australia. They create value for their clients through specialist consulting services and a hands-on engagement model that brings together technology, business operations, and program management. They offer a team with a unique multi-disciplinary perspective. Their consultants have a wealth of experience in financial services technology consulting, ranging from banking, innovation, payments, security and identity management. They can provide skilled consultants short or long-term staffing needs, including pre-established teams

CiaoLINK

A organization heading to future technology and quality, CiaoLINK take advantage of, and participate in the evolving business environment and emerging opportunities driven by rapid technology innovation. CiaoLINK acts as liaison for customers and businesses by building and operating new digital banking channels that allow customers to allocate spending effectively between growing demands of modern lifestyle. CiaoLINK’s product which helps customers to not only receive the best offers from businesses but at the same time cater to every daily needs, is targeting the fastest growing segments in Vietnam such as F&B, Entertainment, Wellness & Spa and Sports

LEXTECH

LexTech has worked with a wide range of clients and industries ranging from the U.S. federal government to small, private businesses. They’ve provided comprehensive software development solutions for the U.S. Department of Defense, Aerospace OEM and MRO companies, and research organizations. Their expertise in the fields of aerospace engineering and software development allows us to develop applications that combine advanced web or desktop Graphic User Interface and visualization techniques with the complex engineering analysis and data handling. LexTech also develops, maintains, supports and provides training for AFGROW – an LEFM-based fracture mechanics and fatigue crack growth analysis software tool

Mhub

MHub is a family of client software and services to facilitate end-to-end property transactions bringing together property developers, real estate agents, bankers and lawyers to the same conversation: Helping deserving buyers buy their homes. They’ve studied the different market needs and provide data visibility, better experience, communication tools, and more. MHub serves as an end-to-end platform for property transactions cycle linking all the stakeholders so that collaboration and deals can happen quicker and more efficiently

Minterest

Minterest is an online marketplace lending platform backed by ARA Asset Management. With a strong board comprising of a group of highly esteemed and successful industry veterans, Minterest brings unparalleled finance, real estate and investment experience to their platform investors, borrowers and partners. Minterest combines the depth of the team’s finance, legal and IT expertise with the breadth of financial technology and robust credit assessment process to bring speed to lending for our corporate. In combining ARA's strong track record and experience in real estate deals with our robust crowdfunding platform, they unlock quality, institutional-grade real estate investment opportunities for our retail investors

MyFinB

MyFinB is heavily focused on creating exceptional tool driven by our proprietary natural language generation platform that transforms basic financial data into meaningful and insightful narratives people can simply read – and more importantly. MyFinB enables organisations to spend less time crunching numbers and more time providing their management and other stakeholders with actionable information that, ultimately, helps them make better financial decisions. Help decision-makers with accurate, timely and forward-looking insights using A.I.-driven analytics

Techmill Technologies

Techmill Technologies is one of the niche financial IT service provider and is a front runner among the Fintech companies delivering quality technology solutions to customers across the globe. With nearly a decade in the technology business, we have grown into a nimble and mature IT solutions provider, serving multiple Fortune 500 companies. They enable their customers to stay ahead of the competition and technology trends with industry-specific solutions, packaged financial software implementations and other innovative ideas thereby contributing to their continued success. Their customers include large corporate banks as well as financial institutions involved in inclusive banking like micro-finance and cooperative banking

UMF

A pioneering company in China’s payments and fintech markets. UMF has a Payment Business License in China (for nationwide Internet payments, mobile phone payment, and bank card acceptance) from the People's Bank of China, the business permit for payment and settlement of fund sales of CSRC, the pilot qualification for cross-border foreign exchange payment from the State Administration of Foreign Exchange Beijing Branch and the pilot qualification for Cross-border RMB payment from People’s Bank of China. UMF has partnerships with over 110 financing institutions and more than 3,000 large enterprises. UMF has also provided payment, Fintech, information, Merchant on Demand Service Solution and cross-border services for 700,000 small & medium-sized enterprises and 450 million individual users