Another bright day today. Apart from the sunny sky today, we did have a fruitful forum with the bright minds from the AI industry and bright talents from the China Everbright Bank Hong Kong Branch #CEBHK. It is a part of our Data Literacy Empowerment Programme #DLEP for CEBHK organized by OpenCertHub Academy #OCHA and Hong Kong Institute of Bankers #HKIB.
Appreciate the valuable insights and experience sharing from our guest speakers. It includes Ken Shih#Saxo#SaxoMarkets, Calvin Cheng, CFA#Wizpresso, Daniel Ling #OneConnect, and Edwin Hui#Capco. CEBHK’s C-suite together with their colleagues have actively participated our panel in their beautiful collaborative space. Thank you so much for the full support from Nancy Wu, Fanny Chan, their CEBHK’s C-suite and teammates. Also grateful to have my teammates from OpenCertHub and OpenCertHub Academy for their great effort behind the scene to make this forum an impactful one.
We went through a number of practical use cases, shared some key challenges, explored how to justify investment on AI in financial services. More importantly, how to nurture a data mindset and culture across the banks. It means from top management to all levels of colleagues have to be engaged and use data everyday.
In fact, MIT Slogan has a new article just published in May 2022. The core message is that Data is a team sport and the entire organization is the team. This requires data democratization, the idea that data should be in the hands of every employee.
https://lnkd.in/diqnCF4u. This echoes what we talked about today as well as what my team at OpenCertHub Academy is believing in. We aim to empower employees of an organization at all levels with data literacy. Through the collaboration between the data-literate colleagues from different business units and data experts, their organizations will be able to stay ahead of their competition by unblocking more values from data.
I was impressed by the way Nancy Wu, the Deputy CEO of CEBHK, engaged with us and her colleagues today. Here is how she summarized what she learned today from the forum. Her 3 key takeaways today are.
With Nancy’s leadership, I am confident that we can effectively empower her teammates with the right data mindset and skills to grow and stay ahead of their competition in the AI Era.
Today is a bright day with a sunny and clear sky. What a great day to kick off our collaborative partnership with The Hong Kong Institute of Bankers! OpenCertHub Academy (#OCHA) and The Hong Kong Institute of Bankers (#HKIB) are joining hands to upskill the data literacy of the executives and practitioners in the #Banking industry.
#Data is one of the most important assets for leading enterprises in today’s #DigitalEconomy. For #FinancialServices, data is the “new gold” or one of the most important assets these days. To unleash the power of data in the banking industry, everyone needs to speak data and treat it as their second business language.
Just having a core team of data scientists is not good enough to fully unleash the business values of data for banks. We are seeing that a few major international and local #banks are empowering the majority of their workforce on data literacy. They aim to embed a data mindset and skills with every possible colleague so that they can make use of data in their daily jobs. They also empower colleagues to communicate effectively and regularly with their data and IT teammates to come up with better and better analytics and data sources.
The prime objective of the “Data Literacy Empowerment Programme”, the flagship programme of OpenCertHub Academy (OCHA), is to democratize data literacy to everyone in a company so that they can seize the opportunities from data monetization and solve business problems with data analytics on daily basis.
The Hong Kong Institute of Bankers (HKIB) is one of the major institutes to provide training and certification services to the banking community in Hong Kong. Together, OCHA and HKIB aim to contribute to the growth of data talents in the banking community and enhance the competitiveness of the banking industry in Hong Kong through the pervasive use of data. Appreciate the leadership and trust from HKIB’s Carrie Leung and Philip Kam, and the great support from their teammates, and certainly my OCHA’s teammates Andy Kwok, Dr. Victor Ng, Patrick Tsoi, Candi Yeung and more. We look forward to collaborating with HKIB to co-creating values for the growth of #FinTech in Hong Kong.
If you are interested to find out more, please visit OCHA website https://lnkd.in/gi6y9mJE or contact OCHA and HKIB for more.
To help the contestants better prepare for the #HKICTAwards FinTech Award, Hong Kong Institute of Bankers organized an Experience Sharing Forum for them today. Thanks for #HKIB Carrie Leung Philip Kam & team’s effort.
We invited last year’s Gold Award winners, Miles Wen (温豪夫) #FanoLabs, Ken Shih #Aqumon, & Joyce Lau #HKFI. to share their experiences and journey. We also invited Dupty Chief Judges Michael Leung #BOA and Stephen Lau #HKCS, & Chief Assessors Dominic Siu #Prudential & Betty Chung #DahSingBank, to give advice to the contestants.
As the Chief Judge of 2021, I gave an opening speech on “Shaping the Future of FinTech Hong Kong”. In the last few years, we have together built a world class #FinTech hub in Hong Kong. FinTech entrepreneurs from nobody to today’s global FinTech leaders, like Simon Loong #WeLab, Fred Ngan #Bowtie, Tomas Holub #Covergo, Tim Lee #QFPay, Alvin Kwock #OneDegree & Miles Wen (温豪夫) #FanoLabs. Impressive! #HKMA, #SFC #HKIA #InvestHK #Cyberport #HKSTP together with incumbents #Citi #HSBC #HangSengBank #DBS #AMTD #BOCHK #AIA #Prudential, just name a few, also contributed significantly to the growth of HK FinTech industry.
Look forward to witnessing the innovations from this year’s contestants to shape the future of FinTech HK.
Hong Kong ICT Awards – FinTech Award, one of the most respectful FinTech Awards in Asia, is coming again this year. No matter you are #FinancialServices incumbents or #FinTech #Startups, it is a great opportunity to showcase your best use of #Technology and #Innovation in financial services and get recognized by customers, investors, industry practitioners and government officials.
The FinTech Award is composed of three streams:
1. #Banking, #Insurance and #CapitalMarkets
2. Emerging Solutions
3. Regulatory Technology and Risk Management*
*Includes FinTech Security
Please find out more from the Award’s Leading Organization, Hong Kong Institute of Bankers. Thanks #HKIB Carrie Leung Philip Kam to organize such a great award for the last few years and this year again.
The application deadline is July 16, 2021. I have been the Chief Judge for this Award since 2019. I encourage you to join it and experience the rewarding journey. See you there.
King Leung Calvin Choi Karena Belin Medhy Souidi Syed Musheer Ahmed