Page 34 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

aFINity serves as a focal point for development Diagram 9
initiatives in the Fintech sphere. Through
operationalisation of the Fintech bridge agreements, aFINity member demographics*
aFINity also serves as a nexus to other innovation Academia, Incubator
hubs. In 2018, aFINity saw 109 engagements and Government
involving 91 participants. To complement this, the Accelerator
SC organised two streams of Innovation Labs, each 24% Service and Data
focused on specific areas: Providers
Fintech
Engagement Labs Fund Management
14% 5% Intermediaries
Carried out to test and evaluate 2% Investors
key business concepts such as ECF, 48% 5% 2% Others
P2P financing, Digital Investment
Management Services and Alternative
Trading Systems.
Diagram 10
Technology Labs
aFINity topic of engagements*

Typically arise from a specific industry
need or use case and can be employed 46% 7%
to develop a proof of concept solution. DIM ECF
These labs were held in partnership 9%
DLT
with a technology provider, with
participation from industry players. 10%
In November 2018, the SC unveiled P2P
Project Castor – a pilot project to
explore the usage of Distributed
Ledger Technology (DLT) in the 28%
regulated capital market space. This General
has culminated in an industry blueprint
entitled Capital Market Architecture
Blueprint in a Decentralised World.
* Data is cumulative since inception in 2015.
aFINity currently has 210 registered members as
part of its community and has undertaken over 216
engagements since inception.

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