Kuala Lumpur, 1 July 2019 – Affin Hwang Capital and MIMOS Berhad held an event to signify their strategic collaboration to develop a digital analytical platform for the Malaysian capital market.
The strategic collaboration aims to develop a high-speed, intelligent and automated analytical platform to screen undervalued small and mid-cap stocks, which will eventually accelerate the development of innovative products in the investment banking space.
“We feel privileged to be able to develop an innovative digital analytical tool that would be beneficial to the industry, local entrepreneurs and SMEs. This is also in line with our promise to “Out think. Out performance, and pursue digital innovations whilst continuing to serve our clients with improved financial solutions for their benefit.”Group Managing Director of Affin Hwang Capital, Datuk Maimoonah Hussain
MIMOS Chief Technology Officer, Thillaj Raj said that this collaboration in line with national policy on industry 4.0 which expected to leverage advance technologies such as Artificial Intelligence product, Big Data and Robotic Process Automation to innovate new products and services.
“Bursa Malaysia Berhad also encourage innovation to drive better value and deliver enhanced services which capital metal market stands to benefit from greater leverage on digital innovation by our intermediaries, and the collaboration between Affin Hwang Capital and MIMOS to develop this digital analytical platform certainly has value-adding potential to the market.”said Bursa Malaysia Berhad’s Chief Commercial Officer, Selvarany Rasiah