The digital acceleration program gives fintechs the opportunity to work with professional mentors and develop solutions that can be rapidly commercialized. 

The Investment Management Association of Singapore (IMAS) has announced details of its 2021 edition of the Digital Accelerator Programme (DAP), which will focus on ESG, automated data management, and risk assessment.

The Association-led buyside accelerator program is looking for fintechs with new approaches to improve and streamline operational processes, better manage data and risks, and create innovative tools to help managers manage their ESG regulatory requirements and reporting amidst fragmented global requirements. Partners for Track 1 include Nikko AM and Schroders. Interested fintechs have until 26 March 2021 to apply.

Acceleration Partners Needed

In Track Two, which will take place in June/July, IMAS will invite asset management firms to work closely with fintech companies to create opportunities for the showcase of shortlisted solutions with the best fit.

«As many organisations operational processes change with the new CV-19 realities, we are creating a second opportunity for asset management firms to contribute problem statements which IMAS will then launch a global search for the relevant fintechs to solve,» IMAS said in the announcement.