LATEST REGIONAL PROJECT UPDATE
1 HONG KONG
2
AUSTRALIA
Finastra and HSBC have announced they are working together to distribute HSBC ’ s FX services via Finastra ’ s FusionFabric . cloud platform under a Banking-as-a-Service experience .
This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions ’ secure , regulated infrastructure .
The first phase of the roll out will provide both indicative and executable FX rates to regional mid-tier banks via a plug-in to Finastra ’ s Fusion Kondor , a solution with low maintenance and ownership cost , backed by the liquidity and robust risk management capabilities of one of the world ’ s largest FX franchises .
Telstra and Microsoft have announced a major expansion of their strategic partnership to drive growth and value for customers and the Australian nation . The five-year agreement is one of the largest partnerships Microsoft has established with a telecommunications provider globally .
The companies aim to help accelerate Australia ’ s Digital Transformation by combining Microsoft ’ s technology with Telstra ’ s network reach and technological capabilities .
The agreement will boost Microsoft ’ s connectivity and growth in Australia , with Microsoft becoming an anchor tenant on Telstra ’ s new ultra-fast intercity fibre network .
3
PHILIPPINES
Alibaba Cloud , the digital technology and intelligence backbone of Alibaba Group , has announced a new fintech support program to further support the Digital Transformation journeys of finance companies in the Philippines .
The Fintech ONE program will offer participating fintech companies in the Philippines easy access to advanced cloud technologies , free technical training and professional consultations .
Each eligible company will receive up to US $ 10,000 in cloud coupons which can be redeemed against Alibaba Cloud products and services as well as support from Alibaba Group ’ s ecosystem .
4
TAIWAN
NTT DATA Taiwan has announced its collaboration with Panasonic Sales Taiwan to help the organization adopt the Salesforce Customer 360 cloud platform and further elevate its customers ’ experience .
The integration of the customer relationship management service will empower the company to bring about greater transparency and control over its internal data , facilitate more data-driven decision making through improved data visibility , as well as respond to the shift in market changes and demands in real time .
The latest partnership is part of the company ’ s ongoing commitment to contribute to the development of Taiwan ’ s society and its quality of life .
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