On September 12th, Albert Ma, Chief Innovation Officer of Hengtian, was invited to deliver a speech themed on “Enterprise Digital Transformation” at a seminar of Boston Fintech Week 2018, which aimed to build robust tech for financial services. This seminar was held by NECINA (one of the largest high-tech professional non-profit organizations in the New England area) in KPMG Technology Innovation Center.
Picture 1: Boston Fintech Week 2018
Hengtian’s Chairman, Robert R.Williams delivered a high-level introduction of Hengtian at the beginning of the seminar, then Albert started his speech by highlighting the importance of digital transformation. He presented its overall situation, including its proportion in different industries (the highest: 56% in Finance), worldwide expenditure and its drivers. In addition, he analyzed the reasons why digital transformation failed, listed focused technologies in financial industry and summarized the road map and top 10 trends for digital transformation, pointing out that digital transformation became a must.
Picture 2: Albert Ma, CIO of Hengtian, giving a speech
During his speech, Albert also introduced Hengtian’s specific technology solutions and success case that can be applied by banks and wealth management companies, such as digital visualization, Robo Advisor, crypto currency risk management & analytics, machine intelligence in legacy systems modernization, micro service architecture & engine, big data analytic with machine intelligence and financial data service platform for China FX/Bond market.
Picture 3: Hengtian Chairman Robert R.Williams (First from the right) and Albert Ma (First from the left) at the seminar
Albert concluded his presentation by sharing the challenges and opportunities for digital transformation. He believed that financial institutes running on a digital core can see reduced costs and streamlined processes. This end-to-end integration also helps provide a more seamless, engaging customer experience. And it makes room for further business transformation with new digital technologies like blockchain and artificial intelligence. Dedicated to providing reliable and professional IT services and products for companies, Hengtian is bound to make new strides in promoting financial technology innovation globally.
Hengtian is a technology services company in Hangzhou, China, created in 2004 as an alliance among State Street Corporation, Insigma Technology (a Global Outsourcing 100 Company) and Zhejiang University. We provide offshore and onshore technology development, research and consulting services.Hengtian has been certified for compliance with ISO270001 and CMMI level 5.