iByond™ Asia Division Enters .2B Agreement with Knightsbridge to Introduce Digitization and Fintech to Asia and Beyond
ETT | iByond™ and Knightsbridge Group have finalized a groundbreaking deal with a projected value of up to .2 billion, representing a significant leap forward in the field of digitization and fintech solutions on a global scale. This partnership marks a crucial moment in the utilization of cutting-edge technologies to foster innovation and drive transformation across various industries.
Under this agreement, ETT | iByond™ and Knightsbridge Group will collaborate to lead digital initiatives and revolutionize financial technology offerings. By combining iByond™’s expertise in the growing Artificial Intelligence (AI) landscape with Knightsbridge’s global network and resources, the partnership aims to provide tailor-made solutions to meet the evolving needs of businesses and consumers worldwide. The joint venture will leverage ETT’s advanced data management and artificial intelligence infrastructure.
Economic Transformation Technologies “ETT | iByond™” (ETT) Asia Division has signed a five-year software services and licensing agreement worth 3 million to ETT and over 0 million to Knightsbridge, aiming to transform the financial services industry through innovative digital transformation solutions.
The collaboration will leverage ETT’s state-of-the-art data management and Artificial Intelligence (AI) platform infrastructure alongside Knightsbridge Group’s advanced market technologies to deliver a comprehensive fintech platform offering unmatched efficiency, security, and scalability. By harnessing the power of artificial intelligence, the platform will empower financial institutions to streamline operations, enhance customer experiences, and drive sustainable growth in today’s fast-paced market environment.
The rapidly growing influence of artificial intelligence (AI) and financial technology (fintech) in Asia is reshaping the economic landscape of the region at an unprecedented rate. With advancements in AI technology and increased digitalization across industries, Asia has become a hub for innovation and investment in AI and fintech solutions. From pioneering AI-driven financial services to transforming traditional banking and investment practices, Asian countries are leveraging AI and fintech to boost economic growth, enhance financial inclusion, and improve efficiency in financial markets.
Christopher Condon, Chairman and CEO of ETT, highlighted the partnership, emphasizing ETT’s commitment to digital innovation and global growth in the dynamic Asian market. David Chlapowski, President of the Americas and Emerging Markets, emphasized the importance of interoperability and AI in driving efficiencies and innovation, declaring the ETT/Knightsbridge FinTech Platform as the catalyst for a new era of digital enablement and wealth creation turbocharged by AI.
Issaree Suwunnavid, Managing Director of Knightsbridge Group, expressed excitement about the joint venture with ETT, bringing cutting-edge fintech solutions to Asia and establishing Thailand as a hub for transformative technology in the region.
For more information, please visit ettworld.com or knightsbridgelaw.com.
