AI expertise in the financial services sector
Our leadership team brings over 60 years combined experience delivering high impact innovative machine learning, artificial intelligence and business intelligence solutions to large multinational companies including Fortune 300 corporations, government organisations – A*STAR (Agency for Science, Technology and Research), the Infocomm Development Authority of Singapore (IMDA) and leading technology startups
What makes us different is our people. Our prediction accuracy is heightened as we have an in-house team which a majority of PhD level data scientists. They possess a strong research track record in machine learning which allows them to develop high precision predictive analytic solutions to problems faced by financial companies. Many of our experts ML methods have won national and international awards
Dr. Shonali was previously the Head of Data Analytics at the Agency for Science, Technology, and Research (A*STAR) in Singapore. She also served 11-years as an Associate Professor and Director of the Centre for Distributed Systems and Software Engineering at Monash University in Australia. Throughout her career, Dr. Shonali has spent 15 years leading research in data science and intelligent systems. During this time, she led one of Singapore’s largest big data analytics teams with up to 70 data scientists and collaborated with many global companies in beefing up their analytics capabilities with solutions developed by her team .Dr. Shonali obtained her Ph.D. in Computer Science from Monash University Australia.
Dr. Tan is a veteran of the ICT industry with over 30 years of experience. He spent his first 15 years in industry working in R&D at Motorola, consulting at Scientific Generics in Cambridge, England and as the Managing Director of Goldtron Telecommunications, a company that designed and launched Singapore’s first type-approved GSM mobile handset. The next 15 years were spent in Government, initially at the Infocomm Development Authority of Singapore (IDA) as CTO and later in A*STAR, where he headed the Institute for Infocomm Research (I2R) as its Executive Director. Dr. Tan obtained his Ph.D. from Cambridge University in 1990. He attended the Advanced Management Programme (AMP) at Wharton in 2007 and the Executive Programme at the Singularity University in 2011.
Dr. Andrew has spent more than 20 years overseeing high-tech projects and growing revenue for Fortune 300 companies, startups and government agencies. He was the former Advisor for GRAB, and former Director of Industry Development Group at A*STAR and has extensive experience consulting on innovation deployments, and developing new businesses in Asia. Dr. Andrew had set-up and led APAC E-Business Division, New Business Unit and Strategy Development Function for MNC and worked globally. He was featured in several business magazines like “Intelligent Enterprise Asia “in 2004, awarded the “Asia CIO 100” award in 2003 and has spearheaded multi-million-dollar corporate R&D labs, and national programs across Data Analytics, Robotics, and IoT.
We are supported by forward-thinking investors who share our passion for leveraging artificial intelligence and machine learning solutions in the financial services industry. The support of Mastercard, Kuok Ventures and SGInnovate is enabling us to deepen penetration of our AI and ML solutions into existing markets, and expand into North Asia, including Hong Kong and Japan
“Our investment into AiDA further stregthens Mastercard’s AI-focused strategy around people, infrastructure and domain expertise. It provides us with access to AiDA’s world-class AI platform and toolkit, as well as the possibility to jointly develop product solutions that leverage advancements in technology to deliver greater security and convenience for businesses and consumers in their everyday activities.”
“Over the past few years, we have admired the innovation and speed that AiDA has bought to the banking and insurance sector throughout Asia. We have no doubt that the formidable combination of niche technical talent, best of breed Artificial Intelligence technology, financial expertise and customer-centricity will be able to supercharge the financial services sector so they can compete with new entrants.”
“At Kuok Ventures, our investment approach prioritises promising early-stage technology companies, like AiDA Technologies, which have demonstrated the potential to become key enablers to other businesses in the wider Kuok Group portfolio. We consider AiDA Technologies to be a groundbreaking development for an industry that is well-primed for rejuventation.”