Below is our Managing Director Benjamin Soh’s contribution to The Digital Banker article.
24 February 2021 — Financial Market Infrastructures have time and again impacted all parties involved. In such unprecedented times and in the midst of disruptive transformation currently shaping the entire financial service industry, financial market infrastructure will not stay immune for much longer. In light of the GameStop and AMC fiasco, legacy infrastructure was shoved into the limelight once again. To understand the impact of such infrastructures and also discuss alternatives, we interviewed Benjamin Soh, Co-founder & Managing Director of STACS.
STACS had the great pleasure to join Rachel Kelly on her MoneyFM Prime Time show, Eco Money segment earlier in February.
The STACS Solutions Engineering team has been working on API security on the AWS Cloud platform, culminating in our findings below. Details of the actual security setup are also provided for hands on implementation.
For more details, please read the full report here
STACS (Hashstacs Pte Ltd) is a Singapore FinTech development company with a Vision to provide Transformative Technology for the Financial Industry, with its complete infrastructure of ready platforms that make global markets simpler. STACS is leading the way forward by digitalizing assets, processes, and documents using its proprietary STACS Blockchain technology. Its clients and partners include global…
SINGAPORE, 4 February 2021 — Eastspring Investments (“Eastspring”), BNP Paribas Securities Services and Singapore-headquartered fintech firm Hashstacs Pte Ltd (“STACS”) announced today the successful implementation of a first-in-market blockchain-driven solution to enhance trade lifecycle management capabilities for exchange traded derivatives (ETDs).
The trading fee calculation platform, named Mercury, addresses current inefficiencies in the trade lifecycle management of ETDs.
ETD contracts are complex and require multiple inputs to calculate broker fees, which can lead to trade breaks and many hours of investigation and reconciliation work. The continued growth of the ETD market, combined with some of the remote working challenges brought…
Ever wondered how start-ups gain trajectory success? What drives a leader to take on the challenge of leading a start-up despite being an ex-CEO of a global bank?
Those are precisely the questions we put to Ray Ferguson [RF], the new Chairman of STACS, during the inaugural STACS Showcase x Singapore Fintech Festival 2020. Read on to gain insights from the leader who turned an insurtech start-up into a unicorn (valued at over $1 billion), and what his ambitions are for STACS.
Ray Ferguson, is a renowned international banker, business leader and advisor, having an extensive executive career in banking…
SINGAPORE, 27 January 2021 — Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined homegrown fintech start-up Hashstacs Pte Ltd (STACS), a leading Singapore-headquartered fintech development company providing transformative technology to the financial services sector, as Chairman. STACS is focused on capital markets use cases such as the trade lifecycle management of bonds, Environmental, Social, and Governance (ESG) fintech, structured products, and exchange-traded derivatives, empowering financial institutions to unlock massive value presently locked up in inefficient systems and processes.
In his new role, Ray will support STACS with its deeper understanding of capital markets and how boards of…
DBS is the first bank to launch a Digital Exchange, allowing customers to trade in cryptocurrency and digital assets.
These associated blockchain entities have come a long way since the 2017 initial coin bubble that popped with regulatory definition.
The Digital Exchange caters to high net worth individuals, providing a variety of deals and more ways to trade assets.
This is also a step in Singapore’s smart financial hub aspirations — and SGX has jumped at it.
12 January 2021 — When a major bank like Singapore’s DBS decides to adopt blockchain technology, you know the tech is finally going…
SINGAPORE, HONG KONG, 7 January 2021 — Deutsche Bank Securities Services and Hashstacs Pte Ltd (“STACS”) today announced their collaboration to jointly explore a proof-of-concept related to the technological and practical feasibility of digital assets interoperability, liquidity, cross-border connectivity, and smart contract templates, including the support of sustainability-themed digital bonds.
STACS, in collaboration with Deutsche Bank Securities Services, was awarded the Proof-of-Concept (“POC”) grant on 29 October 2020, which provides funding support for experimentation, development and dissemination of nascent innovative technologies in the financial services sector. …
SINGAPORE, 19 January 2021 — Hashstacs Pte Ltd (“STACS”) announced today that it has become a portfolio company of PwC Singapore’s Venture Hub programme. The joint business relationship will bring about synergies between the two firms, while helping to elevate trust placed in distributed ledger technology (DLT) by the financial services industry and driving adoption.
STACS’ existing clients and partners include global investment banks, national stock exchanges, custodian banks, asset managers, and private banks. The company is an Award Winner of the Monetary Authority of Singapore (MAS) Global FinTech Innovation Challenge Awards 2020, a technology partner of Project Ubin led…
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