Swiss Pavilion participates for the 4th consecutive time at the Singapore event

SINGAPORE - MediaOutReach - 27 November 2020 - Switzerland Global Enterprise (S-GE) and the Swiss Business Hub ASEANsaid today that their Swiss delegation will participate at this year'sSingapore FinTech Festival 2020 through its digital Swiss Pavilion.

Emphasizing that Asia remains an important market for internationallyoriented Swiss SMEs, the "virtual" participation of the Swiss delegation ispart of the bigger goal of S-GE to enable Swiss and Lichtenstein SMEs realisetheir business potential in new and existing markets.

Switzerland Finance Minister Mr Ueli Maurer will lead the Swiss participationwith his keynote speech "FinTech, Sustainable Finance and Innovation". Thiswill be followed by an in-depth panel discussion that highlights the strengthsof Switzerland as a global financial centre.

This panel discussion comprises: Mr Thomas Gottstein, CEO Credit SuisseGroup AG; Mr Ralph Hamers, CEO UBS AG, and Mr Herbert J. Scheidt, President ofthe Swiss Bankers Association and this session will be telecast live fromZurich on 7 December (5pm SGT).

Subsequently, Switzerland's key invited players in the field of greenand sustainable finance will present their initiatives at the "SFF Impact Summit" on 9 December (3:50pm SGT).

Mr Fabrice Filliez, Ambassador of Switzerland to Singapore, said that "theparticipating companies will reflect the robustness of the Swiss financeecosystem, paving the way for collaborations and partnerships in co-innovationand fresh ventures. With Singapore being Switzerland's most important tradingpartner in Asia, Swiss fintech companies view the republic as an importantgateway to the wider Asian economic region."

These efforts will be reinforced by the participation of seven Swissfintech companies, which are strong in regulation technology, blockchainsolutions, big data and analytics, algorithm trading and cybersecurity. Theevent presents an opportunity for Swiss fintechs and interested stakeholders inAsia to connect and build business linkages in a seamless manner.

The Swiss fintech industry has been highly interested in Singapore,which is seen as a gateway into Asia. Interest in garnering greater presence in Singapore arisesfrom the republic's fintech cooperation framework and agreements with ASEAN,China, India, Japan and South Korea.

Renee Koh, Head of Swiss Business Hub ASEAN said: "WithSingapore-Swiss bilateral cooperation remaining strong, there is still muchroom to expand business and economic linkages amid the changing global businessclimate. Innovation continues to be strong in both these global centres and theSwiss presence at this fintech festival presents an opportunity for both sidesto collaborate and propel innovation to greater heights."

Singapore FinTech Festival will be held in Singapore from7-11 December with more than 40 global satellite events taking place throughthis festival. Swiss companies participating in the Swiss Pavilion includes:

- AlgoTrader, an end-to-end quantitativeand algorithmic trading software solution that supports both digital andtraditional assets;

- Crealogix, which develops and implementsinnovative fintech solutions for the digital bank of the future;

- Custodigit AG, which provides a single,trusted gateway to the world of digital assets;

- SIX Digital Exchange, which is building thefirst market infrastructure in the world to offer integrated end-to-end trading,settlement and custody service for digital assets;

- SIX, which operates and developsinfrastructure services in the Securities & Exchanges, Banking Services andFinancial Information business units with the aim of raising efficiency,quality and innovative capacity across the entire value chain of the Swiss financialcenter;

- Swisscom, a leading telecom company and a keyservice provider in Blockchain, Digital Assets and FinTech space as well asTrust Services; and

- Sygnum, the world's first digital asset bank,and a digital asset specialist with global reach.

Free registration for the Swiss satellite event can be done at: www.s-ge.com/en/registration-form-world-fintech-festival-switzerland.