Swiss banking giant UBS inaugurated a new digital centre in Hong Kong. One of its aspirations is to bring wealthy clients and startups closer together to forge collaborations.
Based in Kowloon the new unit known as «The Digital Hub» plans to provide client tours and industry technology events, as well as working on cutting-edge technologies to identify opportunities and challenges the bank faces.
UBS Asia's largest wealth manager also plans to begin startup speed dating by bringing together ultra high net worth clients and startups around key topics or deal stages.
Ramping up Tech Capabilities
Following the initial contest in 2015,UBS launched another Future of Finance Challenge (FoF) in second quarter 2017 in Hong Kong. The competition invites the world’s emerging and established fintechs to showcase innovation that can transform finance and banking.
In June, UBS announced its collaboration with Hong Kong X-Tech Startup Platform (HKX), a startup organization for engagement, networking and knowledge sharing amongst the business community, and the tech start-up ecosystem.
