Swiss Fintech + Technology Association now partners with Abu Dhabi Global Market (ADGM) to improve innovation and create new opportunities. John Hucker, the president of SFTA and Richard Teng, Chief Executive Officer Financial Services Regulatory Authority of ADGM, sealed this promising agreement in August 2017. For Swiss FinTech companies, this is a good opportunity to gain new insights and ease market entry.
John Hucker, President of SFTA: “It is an honour announce this collaboration with ADGM to foster links between the FinTech ecosystems in Switzerland and Abu Dhabi. This connection is expected to benefit entrepreneurs, investors, and companies from both of these two global centres of wealth and finance. We also plan to share knowledge, for example, at the upcoming ADGM FinTech Summit, but also by connecting with a range of relevant public sector partners in Switzerland. In particular, there is clear opportunity for synergies with topics such as crypto finance, wealth management, insurance, and ethical FinTech. Speaking more broadly, this relationship illustrates our continued interest to develop a neutral global network of leading FinTech hubs so that each can develop their competitive advantages while the global ecosystem expands,”
Abu Dhabi Global Market
Abu Dhabi Global Market is an international financial center, located in Abu Dhabi, the capital of the United Arab Emirates. The organisation acts both regionally and internationally. It first started business on 21st October 2015 established by a Federal Decree. ADGM is divided into three independent authorities: The Registration Authority, The Financial Services Regulatory Authority and ADGM Courts. The three main areas of activity are private banking, wealth management and asset management. In its role as a FinTech hub it created an international network, including the MENA region, Asia, Australia, US, UK and Europe.