Singapore: Leonteq has launched its Teqlabs innovation lab facility in Singapore’s central business district.

The lab at Asia Square, opened in partnership with Singapore’s Economic Development Board (EDB), will foster fintech research and development for the benefit of the financial services sector.

This enables Leonteq to add graduates of Singapore’s leading universities, such as the National University of Singapore (NUS) or Nanyang Technology University (NTU), to its Singapore-based team and to further add the brightest IT developers locally.

“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,” said Jan Schoch, chief executive officer of Leonteq. “The partnership with EDB is allowing us to implement this strategy with the best human capital resources from Singapore’s top universities.”

In particular, 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 the firm.

Posted by innohacks