Abu Dhabi global market and PwC collaborate
Abu Dhabi Global Market (ADGM) has announced its partnership with PwC to launch the inaugural FinTech Abu Dhabi Summit in October 2017.
The FinTech Abu Dhabi Summit is part of ADGM’s FinTech initiatives and line-up of local and international activities which kicked off in November 2016 and to continue for the rest of 2017. The FinTech Abu Dhabi series of events is an extension of ADGM’s commitment to bring together local and global financial institutions, FinTech start-ups and participants, investors, regulatory agencies and the business community to network, collaborate and exchange expertise and knowledge in FinTech developments in Abu Dhabi, the wider MENA region and internationally.
“We are pleased to collaborate with PwC to develop a forward-thinking and world-class summit that will define the vision of FinTech in the MENA region. Having successfully launched the Regulatory Laboratory in November last year, the FinTech Abu Dhabi Summit will be designed as a catalyst event that provides immersion and discussions that will challenge the stakeholders to think ahead of the ecosystem needed to support FinTech innovation. It will be an open platform that supports greater collaboration and valuable networking across ecosystem players and builders. ADGM will continue to play its part as an international financial centre and regulator in fostering the right and conducive Fintech environment for innovators, financial institutions and companies to succeed together,” said Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority of ADGM.
It is ADGM’s ambition to support Abu Dhabi as the FinTech hub and nexus for the MENA and GCC region based on its strength as a financial centre, an internationally-recognised regulatory environment, conducive business climate, and availability of capital and talent management. ADGM recognised that a sustainable, vibrant innovation ecosystem is a shared responsibility among industry participants and stakeholders.
“We are excited to collaborate with ADGM to highlight Abu Dhabi’s strengths as a regional FinTech Hub and develop the framework and commitments needed for FinTech innovation to thrive in the MENA and GCC region. The FinTech Abu Dhabi Summit will reinforce the benefits of ADGM’s regulatory framework, showcase its RegLab participants, and convene global and regional leaders across the innovation landscape to shape the vision of ADGM’s FinTech Future,” said Haskell Garfinkel, PwC Partner and FinTech Co-Lead.
Leveraging the global expertise and network of PwC and ADGM’s partners, the Summit will feature distinguished influencers, leaders and entrepreneurs from the GCC region, London, Asia, the United States of America and others. The Summit will cover key sectors and topics of FinTech, including payment services and market infrastructure, enabling financial inclusion, deposits, lending and capital raising, investment management, FinTech Regulations, advisor-client relationship, serving the un(der)banked and others, which are trending and most relevant to the region.
The Summit is part of the larger FinTech Abu Dhabi event which will feature other components including a Hackathon, Demo Day, and FinTech Awards presentation.