LONDON DATA ANALYTICS COMPANY MOSAIC SMART DATA WINS INAUGURAL INVESTHK UK FINTECH AWARDS 2018
European Center for Services Investments and Financing - ECSIF Ltd. Co-founders, Dr. Diana Dumitrescu & Dr. Daniel Dumitrescu have been participating to the UK Fintech Awards Ceremony jointly with the Hong Kong Trade and Economic Office (London), Cathay Pacific Airways and Hong Kong Cyberport. London-based fixed income, currency and commodities (FICC) data analytics company Mosaic Smart Data is the winner of the inaugural InvestHK UK Fintech Awards. It was announced on 20 March by InvestHK in conjunction with the UK Department for International Trade. The UK Fintech Awards 2018 follow the launch last September of the UK-Hong Kong Fintech Bridge (“the Bridge”) to foster closer collaboration at government, regulator and business level in the Fintech sector. The competition received 30 submissions from companies based in the UK. It also drew interest from the wider global Fintech community with enquiries from Fintech companies overseas, including Singapore, Australia and Ireland. At the awards ceremony co-organised by InvestHK and Hong Kong Economic and Trade Office London (London ETO) on 20 March 2018, the Director-General of the London ETO, Priscilla To, said Hong Kong has “all it takes to be the launchpad for the products and solutions developed by Fintech companies and start-ups in Asia. We now have more than 150 Fintech companies – about 40% with overseas founders.” “Fintech is one of our priority areas in innovation and technology, and the Hong Kong Government is taking a number of steps that focus on this. Apart from increasing resources for research and development, we will provide investment funding to promote the development of start-ups,” Ms. To added. Charles d’Haussy, Head of Fintech for InvestHK, said: “We are excited to see how the Awards connect top UK talent with the rapid Fintech development in Hong Kong. Many of them match well with the strong Fintech sectors of Hong Kong, such as RegTech, InsurTech, blockchain and CreditTech. We strongly encourage ambitious overseas companies to join the flourishing Fintech scene in Hong Kong for their business expansion in Asia.” Mosaic Smart Data serves to help financial institutions in the FICC market harness their data intelligently to service and predict client needs in an environment of changing market structure and business models. It empowers financial market professionals with usable, data-driven tools in the Fintech space. Its MSX platform aggregates multiple sources of transaction data, enabling financial institutions to more readily understand their market share and profitability in real time. Three other award winners will receive one complimentary booth and ticket for Hong Kong Fintech Week 2018, and receive support from both the Hong Kong and London offices of InvestHK. They are: Aid:Tech: Its core proposition is to marry access with identity as means to social and financial inclusion. The company leverages Blockchain technology and digital identity for the delivery of digital entitlements, such as welfare, aid and remittances, to the intended recipients. Clients include governments, NGOs and enterprises around the world. Revolut: Offers retail customers its Revolut Global Money App. Linked to a prepaid card, the app allows users to spend, exchange and manage multi-currency payments and currency conversion transactions globally in a seamless and user-friendly way. Revolut is headquartered in London, with support offices in Russia and Poland. Railsbank: Aims to build a global digital transaction bank by connecting local banking partners to its platform. It has a global vision and aspires to connect the participants in Southeast Asia transaction banking industry via the Hong Kong market.