ABBL at the Singapore FinTech Festival 2024: exploring innovation and collaboration opportunities

The ABBL, represented by Andrey Martovoy, Senior Adviser for Innovation & Digital, joined Luxembourg’s delegation at the Singapore FinTech Festival (SFF) from 6-8 November 2024.

With an average attendance of 60,000 participants, the SFF is recognised as a major global event where policy, finance, and technology leaders converge. It serves as a platform to build impactful connections and collaborations, showcasing cutting-edge financial solutions, regulatory developments, and technological innovations.

Luxembourg’s delegation at SFF

Luxembourg’s presence was organised by Luxembourg for Finance and LHoFT, with support from Elvinger Hoss Prussen and HSBC. The delegation, led by Gilles Roth, Luxembourg’s Minister of Finance, and H.E. Patrick Hemmer, Luxembourg’s Ambassador to Bangkok, included representatives from the Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade, CSSF, national professional associations, financial market actors, and FinTech firms.

Insights Forum and pre-festival engagements

Before the festival, Andrey Martovoy attended the Insights Forum on 4-5 November 2024. This event brought together regulators, policymakers, and industry leaders for strategic dialogues under Chatham House rules, encouraging meaningful discussions and actionable outcomes. Key topics included digital assets, AI, quantum computing, next-gen transactions, the future of finance, and sustainability.

Exploring Singapore’s FinTech ecosystem

The Luxembourg delegation visited innovative firms like PayPal Singapore, OneConnect Financial Technology, and ADDX to gain insights into Singapore’s tech-driven FinTech landscape.

At Luxembourg’s booth at SFF, Andrey Martovoy presented ABBL’s FinTech Circle and FinTech & Innovation Forum, which aim to connect FinTech firms with Luxembourg’s banking sector.

Fireside chat on distributed ledger technology

Andrey Martovoy also moderated a fireside chat titled “Leveraging Distributed Ledger Technology for Global Securities Finance” with Rebecca Gong, Corporate Development and Regulatory Affairs Lead at HQLAx. Topics included the challenges of integrating DLT into securities finance, Luxembourg’s positioning in DLT, interoperability, and future applications of DLT for securities finance.

Building connections and fostering collaboration

Through participation in SFF, Andrey established valuable connections with digitalisation and innovation representatives from the Monetary Authority of Singapore, the Association of Banks in Singapore, and other key organisations.

ABBL’s engagement at the Singapore FinTech Festival reaffirms its dedication to innovation and international collaboration in finance. As part of Luxembourg’s delegation, ABBL aims to leverage new connections and insights from the event to reinforce its role as a bridge between FinTech innovators and Luxembourg’s banking community. Going forward, ABBL remains committed to supporting digital transformation and positioning Luxembourg as a leader in financial innovation.

Any questions?

Contact Andrey MARTOVOY, Senior Adviser – Innovation & Digital