Collaboration between Abu Dhabi World and One Connect to empower the technology community

Market cooperation with China’s One Connect Company is helping to empower the financial technology community in the Middle East and North Africa region by tapping into opportunities within The “Belt and Road” initiative, and the development of digital capabilities that accelerate the adoption and deployment of innovations in financial technology in the region.

This came during the conclusion of a memorandum of understanding between the Abu Dhabi Global Market and the company to promote and develop the innovations of financial technology and enhance market opportunities between the two sides.

Under the MoU, the two sides will help the Chinese financial technology community to benefit from the Abu Dhabi Global Market as a platform to develop, test and launch financial technology and business solutions products and services in the Middle East and North Africa (MENA) markets within the Belt and Road initiative, Artificial Intelligence, Chin Block, Distributed Ledger and API.

One Connected is a leading provider of advanced business applications and solutions that support technology for financial institutions. The company provides world-class technical capabilities for financial services in the areas of artificial intelligence, data analysis and Block Chen to support digital transformation in the financial services industry.

“Our partnerships with financial institutions and regulators, especially with the Abu Dhabi Global Market, are part of the expansion in the Middle East and North Africa region,” said Hwang Ranzhong, Chief Financial Officer, One Connected.

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