Fri, Nov 22 2024
A strategic relationship has been formed between Fintica AI Ltd, a prominent supplier of AI for the financial industry, and Spark Systems Pte Ltd.
Through this partnership, Spark Systems will be able to take use of Fintica AI's distinctive unsupervised AI technology to expand its market reach and commercial development, both domestically in Singapore and internationally.
The financial industry in Singapore is undergoing a notable transition towards artificial intelligence (AI) solutions, and this partnership is a calculated attempt to leverage the increasing significance of AI in this domain.
Fintica AI is well-known for providing financial organizations with innovative AI solutions that facilitate sophisticated data analysis and decision-making.
Conversely, Spark Systems is a well-known participant in the foreign currency trading industry, providing cutting-edge trading platforms and services to customers throughout the globe.
The goal of the agreement is to promote efficiency, profitability, and innovation in the foreign currency trading industry by incorporating Fintica AI's technology into Spark Systems' products. This partnership demonstrates Singapore's dedication to developing a vibrant financial ecosystem that welcomes technology breakthroughs.
The establishment of this strategic relationship is a reflection of the organizations' shared commitment to leading innovative projects in the financial industry.
"Spark Systems is pleased to partner with Fintica AI and its cutting-edge AI technology team that is focused on trading financial markets," said Wong Joo Seng, Executive Director and CEO of Spark Systems, expressing excitement about the collaboration. Artificial intelligence is real and occurring right now; it is no longer science fiction or artificial. AI-equipped traders will have the biggest advantage the market has ever seen.
"We are ecstatic to collaborate with our distinguished Singaporean counterpart to drive revolutionary projects in the foreign exchange trading industry," Fintica AI CEO Philippe Metoudi stated. "Through this partnership, we will be able to capitalize on each other's advantages, access the enormous potential of Singapore's fintech ecosystem and financial institutions, and provide cutting-edge solutions that will influence the direction of foreign exchange in the future."
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