Overview

The digital transformation that has upended industries from retail and media to transport and business-to-business commerce is now sweeping the financial services industry. Although financial services have been computerised for decades, with products such as retail brokerage using digital channels for some 20 years, a more radical transformation of the industry has been delayed till the recent years. This was inevitable, as ubiquitous computing power, pervasive connectivity, mass data storage, and advanced analytical tools can easily and efficiently be applied to financial services.

The new wave of smart finance is offering point solutions in product areas such as payments, remittances, savings and investments, personal financial management, trade and invoice finance, small and medium-sized enterprises (SMEs), lending, and insurance. Innovations are also directed at processes such as Anti-Money Laundering-Know Your Customer (AML-KYC) compliance, credit scoring, underwriting and risk management, customer service, collections and recovery, capital markets activities, asset securitisation, middle- and back-office reporting, trade processing, and connectivity between banking systems.

Come join this course and learn from our experts the challenges and opportunities smart finance presents, understand the technologies involved and how they can be integrated and customised to business’ needs in order to reap their full advantage and see how you can create value and revenue from them.

This module is part of SMU-Alibaba Series.

    Next Course Starts On03 Apr 2019 (Wed) See Full Schedule
    Fee SGD2140.00* (as low as SGD242.00* after maximum funding) Learn more
    Duration

    2 days

    Level
    Intermediate
    Venue

    SMU

    Learning Objectives

    At the end of the 2-day course, participants will be able to:

    • Learn about the development of finance and technology in recent history, major technological trends and stakeholders in the ecosystem
    • Gain insights into how new technologies is reinventing financial services in the new ecosystem
    • Learn about the concepts and functionality of these technologies and how they are being used to provide services, how they work and where the opportunities and challenges are
    • Understand how companies/ financial service institutions can leverage into the future and select the right digitalisation strategy in order to increase their client outreach and deliver a wide range of financial services via new channels
    • Learn how smart finance help financial service institutions respond to new regulations with agility, while ensuring that that the customer experience does not suffer

    Who Should Attend

    Working professionals looking to deploy smart finance solutions in their businesses.

    Assessment

    Course assessment will be based on classroom exercises and presentation. 

    Fees and Funding

    SkillsFuture Series

    Course fee grant at 70% of course fees (excluding GST) for participants who are successfully enrolled by SMU into approved courses under the Programme. Participants must be Singapore Citizens or Singapore Permanent Residents.

    SkillsFuture Mid-Career Enhanced Subsidy ("MCES")
    Up to 90% of course fees for Singapore Citizens aged 40 years and above

    Enhanced Training Support for SMEs ("ETSS")
    Up to 90% of course fees for employees of SMEs who are Singapore Citizens or Permanent Residents

    Workfare Training Support Scheme ("WTS")
    Up to 95% of course fees for Singapore Citizens aged 35 years and above (13 years and above for persons with disabilities) earning a monthly income of not more than S$2,000.

    SkillsFuture Credit
    Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture Credit (up to S$500) to defray part of the course fee. Please click User Guide on how to submit your claim. SkillsFuture Credit claims may be submitted by logging in via MySkillsFuture.sg.

    Absentee Payroll
    Companies who sponsor their employees for the course may apply for Absentee Payroll via the SkillsConnect system. For more information, please visit SkillsConnect.


    Full Fee: S$2,140 per participant (including GST).
    Nett fees payable per participant after SSG Funding:

    • S$642 (including GST) for Singapore Citizens and Singapore Permanent Residents
    • S$242 (including GST) for Singapore Citizens aged 40 years and above

    Schedule

    Start Date(s)
    Intake Information
    intake 13 - 4 April 2019 (Open for Registration)
    INTAKE 227 - 28 June 2019 (Open for Registration)

     

    Speaker/Trainer Bio

    Sijukumar Kumaran (Siju) is Director, Solution Consultant - Financial Services and Innovations at Alibaba Cloud. Siju works for global industry solution consulting group, focusing on enterprise customers in South East Asia region to transform their business through Alibaba Cloud.

    Siju is an experienced digital transformation leader with more than 15 years of experience in solution architecture, consultancy and project delivery in financial services, helping financial services institutions strengthen business opportunities through strategic technology planning. He is an accomplished agile and lean professional with extensive experience in driving technology change through close client partnership and deep domain expertise.

    In his previous role, Siju worked with Barclays Investment Bank for over 11 years, as VP of Technology, driving their Post Trade Services, closely collaborating with global business leaders. He had also worked with Thomson Reuters and Société Générale, a French investment bank, earlier in his career. Leveraging his core strengths in defining IT and data strategy and in driving architecture roadmaps, Siju has thus far helped to drive many multi-year enterprise transformation projects, which involves large data warehouses, real-time processing workflows and front-end interfaces.

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