DIGITALIZE ASSETS, PROCESSES, AND DOCUMENTS TO UNLOCK VALUE
Handling trade processing in capital markets with mission-critical data, and facing long settlement times with multiple layers? STACS brings together trade life cycle management and reconciliation, post-trade automation, and ESG finance in one interoperable, industry-wide, DLT-based platform.
STACS enables institutions of all sizes—from small to large global banks, stock exchanges, asset managers, and corporates—to instantly enjoy the benefits of its solutions.
Efficient multi-asset issuance, custody, post-trade management, and asset servicing, used by banks, asset managers, and stock exchanges
Real-time concurrent trade handling over the entire value chain of asset managers, brokers, and distributors. Delivers same-day clearing and a proven 96% reduction in trade breaks, unlocking massive value
Integrated ESG Nexus
Mobilises capital, supports effective green and sustainability-linked loans and bonds, monitors commitment, and stimulates continuous ESG efforts through indisputable quality impact reports
In the year ahead, ESG will continue to be a major theme, with the emergence of new technology platforms to serve growing business needs around ESG certification and related finance. For the city-state to position itself as a leading global green fintech hub in Asia and beyond, we believe there are three key priorities it must not lose sight of.
STACS awarded ISO/IEC 27001:2013 Information Security Certification for Vetta platform for enhanced ESG Finance, supporting scale up
STACS has been awarded the globally-recognised ISO certification for information security management systems. The certification is awarded for STACS’s DLT-based platform, Vetta, which enables enhanced ESG finance.
STACS: 2021 in Review – Enabling Sustainable Finance in partnership with the Monetary Authority of Singapore (MAS)
2021 has been a monumental one for us at STACS in the Green FinTech space. Collectively accelerating the Sustainable Finance agenda with the Monetary Authority of Singapore (MAS) and our ecosystem of partners, we are excited to continue moving the needle on sustainable finance in the financial industry and across all sectors. Let’s take a look back at the key highlights of 2021!
The launch of the Greenprint ESG Registry, a common ESG data platform for all companies in Singapore by the Monetary Authority of Singapore (MAS) and STACS, is a monumental step forward for Singapore in the sustainability space. As 2021 draws to a close, we reflect on Singapore’s status as the leading Green FinTech Hub in Asia, and what makes the country a pioneer in leveraging technology and data to enable Sustainable Finance.
Top 8 Stories from STACS Showcase and Singapore FinTech Festival 2021, including our partnership with the Monetary Authority of Singapore (MAS) on the Project Greenprint ESG Registry
The second edition of STACS Showcase, a celebratory and collaborative fintech event, happened during the week of Singapore FinTech Festival (SFF) earlier this month, 8 – 12 Nov, as a digital event.
Here are the Top 8 Highlights from the week.
STACS’ industry-wide blockchain-based Greenprint ESG Data and Certification Registry, in partnership with the Monetary Authority of Singapore (MAS), aims to provide accessibility to quality ESG data of various industry sectors through an aggregated platform, and will include sector-specific industry-recognised certifications and real-time processed dynamic data from other integrated technologies and sectorial platforms.
Connecting Technology, Businesses and Financial Services: Singapore’s First Inclusive One-Stop Platform Spearheading Sustainability
CO2X Pte Ltd (“CO2X”) signed a Memorandum of Understanding (MoU) with key industry and association leaders from the Transport and Logistics, and Finance sectors. Witnessed by Law Chung Ming (Executive Director for Transport and Logistics, Enterprise Singapore (ESG)), and Kwok Quek Sin (Executive Director (Green FinTech), FinTech and Innovation Group, Monetary Authority of Singapore (MAS)), the MoU signals the commitment to jointly develop a platform that will provide local small and medium enterprises (SMEs) with accessible carbon tracking solutions and green financial services through a data-driven approach.
DLT and Real-Life Use Cases for Asset and Wealth Management – Industry Panel by STACS and the Singapore FinTech Association (SFA), with Northern Trust, BNP Paribas Securities Services, and Eastspring Investments
On Sep 30, an esteemed panel of speakers from SFA, Northern Trust, BNP Paribas, Eastspring Investments, and our very own Benjamin Soh, Managing Director from STACS, covered key topics on some of the milestones and macro trends that DLT has embarked on in the asset and wealth management space, and how it could be the potential fix to the business challenges faced today.
STACS supports Asia’s pioneer Digital Securities Offerings Platform InvestaX as private blockchain protocol provider on PoC tokenization of Singapore Variable Capital Companies (eVCC), championed by veteran institutional firms
STACS is selected as private blockchain protocol provider for Project e-VCC, a global first initiative led by InvestaX, UBS, State Street, and CMS, and jointly supported by PwC Singapore and The Tezos Foundation.
Green and Sustainable Finance – Investments, Banking, and FinTech by Nanyang Business School, with Monetary Authority of Singapore (MAS), STACS, GIC, and JP Morgan
End August, Green and Sustainable finance investments, banking, and fintech were some of the important themes that brought together a distinguished panel of speakers alongside our own Co-founder & Managing Director, Benjamin Soh.
STACS Partnership with SGInnovate — Summation programme featuring Software Engineer Intern, Teo Chen Ning
As a partner of Summation Programme by SGInnovate and aligned with our commitment to support Deep Tech literacy in Blockchain, we seek to build strong talents in the industry.
Read on as Chen Ning, Software Engineer shares more about his journey at STACS.
Singapore FinTech STACS joins Mastercard’s new Start Path Blockchain Program for startups, spearheading ESG FinTech
STACS is one of seven startups globally to be admitted into the programme, and one of two within Singapore. Amongst the seven companies selected, STACS spearheads ESG fintech by enabling enhanced ESG finance and high quality carbon credits. Together with Mastercard, STACS will seek to expand and accelerate innovation around digital asset technology and make it safer and easier for institutions to adopt blockchain technology.
The next five years of Enterprise Blockchain: DLT in Financial Markets – Industry Panel by STACS and The ValueExchange, with Singapore FinTech Association (SFA) and Union Bank of the Philippines
In celebration of the upcoming sixth anniversary of enterprise blockchain, STACS hosted a global industry panel with The ValueExchange on 7 July, with esteemed speakers from the Singapore FinTech Association, and the Union Bank of the Philippines.
Green FinTech in Asia — Key Highlights from Industry Panel organised by Asian Institute of Digital Finance, with STACS, Monetary Authority of Singapore (MAS), and more
Joined by an esteemed speaker lineup of industry leaders, STACS Managing Director Benjamin Soh discussed the latest trends and applications of digital technologies in ESG Finance alongside MAS, MUFG, and more. Headline topics include bridging a US$2.5 trillion green funding gap, to establishing a common green infrastructure for Singapore, right down to how COVID has brought a positive impact amidst climate change.
Award-winning sustainability-enabling fintech firms Turnkey and STACS announce strategic partnership to scale up their industry-wide sustainable finance platform for institutions, as Environmental, Social and Governance (ESG) takes centre stage
The partnership largely focuses on leveraging technologies to produce accurate insightful impact reports that are accessible and immutably stored on a common Distributed Ledger Technology data infrastructure for a single source of truth, for greater ESG impacts across industries.
STACS featured by The World Economic Forum — Insight Report — Digital Assets, Distributed Ledger Technology, and the Future of Capital Markets
STACS is featured in the May 2021 The World Economic Forum report, as one of the few live DLT platforms for effective Trade Lifecycle Management for the financial industry.
UBS, Bursa Malaysia, and Union Bank of the Philippines join Singapore fintech STACS and Deutsche Bank as industry collaborators of ‘bond in a box’ proof-of-concept on the use of DLT for digital assets and sustainability-linked bonds
The industry partners contributed their various domain expertise towards the final ESG-enabling and interoperable end-to-end DLT-enabled bonds lifecycle management solution for the financial industry.
Digital assets and sustainability-linked bonds are a key component of the future of financial services, as the world transitions to green mandates in every industry including banking. Set in the context of tokenized securities in the securities market, STACS worked closely with the team at Deutsche Bank on digital assets interoperability across platforms and related custody.
Deutsche Bank and Singapore fintech STACS complete ‘bond in a box’ proof-of-concept on the use of DLT for digital assets and sustainability-linked bonds
Industry participants include UBS, Malaysia National Stock Exchange Bursa Malaysia and Union Bank of the Philippines (UnionBank).
Our inaugural joint podcast with The ValueExchange: DLT In the Real World — the facts & figures behind digitisation, as Barnaby Nelson, Chief Executive Officer at The ValueExchange and Nigel Lam, Product and Strategic Partnership Senior Manager at STACS break through the noise of the day and unravel the blockchain transformation of Trade Processing.
In celebration of Earth Day 2021, STACS co-hosted a Green FinTech panel at Bridge+ 79 Robinson Road in partnership with Tribe Accelerator, Alibaba Cloud, and enabled by flexible workspace Bridge+ by CapitaLand.
Investors include Wavemaker Partners, Tribe Accelerator, and Stellar Partners, bringing total funding to date to more than S$8 million.
Singapore FinTechs Bluecell and STACS announce collaboration towards industry-wide blockchain-powered infrastructure to support effective green and sustainability-linked loans
The partnership largely focuses on supporting effective green and sustainability-linked loans, among other Environmental, Social, and Governance (ESG) financing formats.
Singapore’s financial services leadership must incorporate green finance to tackle existing issues and pave the way for a sustainable future.
STACS featured on The Digital Banker — Was the GameStop and AMC fiasco a beckoning of a new age for financial market infrastructure?
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. STACS shares with The Digital Banker on the impact of such infrastructure and discusses alternatives.
STACS — Live on MoneyFM 89.3 Prime Time, Eco Money with Host Rachel Kelly — How can blockchain benefit sustainable finance?
Tune in as our new Chairman, Ray Ferguson and Managing Director, Benjamin Soh dive into Environmental, Social, and Governance (ESG) and green fintech as they discussed how STACS is seeking to provide a nexus between the financial ecosystem and the physical world for more effective implementation of green finance.
Eastspring Investments, BNP Paribas Securities Services, and STACS collaborate to develop Blockchain-powered trade lifecycle management solutions
Eastspring Investments, BNP Paribas Securities Services and STACS collaborate to develop blockchain-powered trade lifecycle management solution, unlocking efficiencies while reducing costs for financial institutions.
Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined homegrown fintech start-up, STACS, a leading Singapore-headquartered fintech development company providing transformative technology to the financial services sector, as Chairman.
Deutsche Bank and Singapore fintech STACS announce collaboration for digital assets Proof-Of-Concept
Deutsche Bank Securities Services and 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 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 had the great pleasure to be the Grand Donor of the initiative “FinTech for Good”, organized by the Singapore FinTech Association (SFA). In the spirit of giving back to the community, STACS pledged to donate SGD20,000 to the National Trades Union Congress (NTUC) U-Care Fund 2020 which aims to improve the welfare of low-income NTUC union members and their families.
STACS' key updates from the festival, including showcases that features collaborations of clients and partners from leading global financial firms all over the world, and finally our astounding win at the MAS Global FinTech Innovation Challenge Awards 2020.
Singapore FinTech Company STACS Completes Blockchain Project with Malaysia’s National Stock Exchange for Growing Bonds Marketplace
STACS announced today that it has completed the bond on blockchain proof-of-concept with Malaysia’s National Stock Exchange, Bursa Malaysia, to facilitate the growth of the bond marketplace at the Labuan Financial Exchange.
STACS, a Singapore FinTech company focusing on Blockchain technology solutions for financial institutions, announced its partnership with EFG Bank to co-develop a Blockchain platform that will enhance and simplify the processes of structured products.
Project Harbour is centred around the usage of Distributed Ledger Technology DLT as a register in facilitating the growth of Labuan’s bond marketplace. The project will take place in Malaysia’s offshore market, Labuan, in collaboration with the Labuan Financial Exchange, a wholly-owned subsidiary of Bursa Malaysia.
Gartner Eye on Innovation
Award for Financial Services 2020
Mercury – Asia Pacific Winner
FSTI Grant 2020 by MAS
DigFin Innovation Awards 2021
Best FinTech ESG Solution
The Asset Triple A
Digital Award 2021
Fintech Start-Up of the Year
Best Blockchain Project
of Singapore (MAS)
Global Fintech Innovation
Challenge Award 2020
UBS Future of Finance
Project UBIN led by MAS