Leonteq the fintech provider for investment and pension solutions, has launched its Teqlabs innovation lab facility in Singapore.
Zurich headquartered Leonteq officially opened their new state of the art Asia Square offices in Singapore earlier this week, and have wasted no time in sealing a significant deal with an influential government agency.
The Singapore-based Teqlabs was opened in partnership with Singapore’s Economic Development Board (EDB). The innovation lab will foster its fintech research and development for the benefit of the local financial services sector.
The Brightest Developers
The new partnership intends to foster and grow the best minds from Singapore’s fintech university ecosystem with the support of EDB. It enables Leonteq to add graduates of Singapore’s leading universities such as the National University of Singapore (NUS) or Nanyang Technology University (NTU), two globally recognized universities, to its Singapore-based team and to further add the brightest IT developers locally.
Leonteq’s state of the art Teqlabs will focus on driving innovation for its clients through pension solutions, risk management, big data analytics, API integrations, artificial intelligence, and portfolio management solutions. Leonteq clients globally will be able to use proprietary technology developed by Leonteq.
Smart Financial Centre
«As a global fintech firm, we are investing in Asia, and in particular in Singapore, to foster our fintech research and development capabilities for future innovations. The partnership with EDB is allowing us to implement this strategy with the best human capital resources from Singapore’s top universities,» said Jan Schoch, CEO of Leonteq.
Kiren Kumar, Executive Director, Infocomms and Media, Singapore Economic Development Board, added «Leonteq’s growth and the establishment of Teqlabs in Singapore is a testament to our efforts in building frontier digital skillsets, such as software development, data analytics and user experience design. These skillsets are crucial for positioning Singapore as a Smart Financial center.»
