Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

• Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
• Astra Tikas – Founding Board Member of INO (Internet Native Organization)
• Dr. Dean Rakic – Chief Scientist at Blockcontrol
• Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
• Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

• Assets under management have increased by 211% from Q1 2023 to Q1 2024, 
• 107 asset and fund managers operating in ADGM, currently managing 137 funds.
• The number of operational entities grew by 30%, and the workforce experienced a significant increase at the end of Q1 2024 compared to the same period last year.

ABU DHABI, UAE, May 20, 2024 /PRNewswire/ — ADGM, the international financial centre (IFC) of the UAE’s capital, continues its solid performance paving the way for another strong year as the fastest growing financial centre in the region, with a record-breaking start during the first quarter of 2024 marked by an increase of 211% in Assets Under Management (AUM) compared to the first quarter of the year 2023.

The growth trajectory of ADGM in Assets Under Management, coupled with a significant increase during Q1 2024 in the number of operational entities, the size of workforce and other elements of the IFC ecosystem, underscore the concerted efforts and strategic initiatives undertaken to strengthen its standing as a leading international financial centre, and reaffirms Abu Dhabi’s position as a global financial powerhouse and a destination of choice for regional and global entities.

Commenting on ADGM’s continued growth and strong performance, H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM said, “Abu Dhabi once again affirms its position as the leading financial powerhouse of the MEASA region. ADGM’s unwavering commitment to excellence, demonstrated through its initiatives and achievements, continues to drive remarkable growth, attracting talent, businesses, and quality investments from across the globe. This year holds the promise of even greater growth for ADGM and its ecosystem, marking a significant stride towards achieving Abu Dhabi’s economic goals and ambitions.”

Abu Dhabi: The Region’s Premier Financial Hub for Asset Management

ADGM’s asset management sector began 2024 with vigour, witnessing an unprecedented influx of global asset managers establishing operations in the IFC, and pushing the surge in the size of Assets Under Management within ADGM during the first three months of the year 2024 to unprecedented figures reaching a growth of 211% compared to the same period of 2023. By the end of March 2024, the number of fund and asset managers operating in ADGM reached 107, managing 137 funds.

The attractiveness of ADGM as a holistic financial hub which stands as the sole jurisdiction in the region to adopt the direct application of English common law, has resulted in ongoing increase in the number and diversity of prominent regional and global firms establishing in ADGM. By the end of March 2024, the total number of operational entities in ADGM increased by 30% compared to the same period last year, to reach 1950 including 291 financial services entities.

Abu Dhabi’s Liveability Sparks ADGM’s Workforce Surge

ADGM’s workforce has grown to over 25 thousand individuals, working on Al Maryah Island, as more talented individuals choose Abu Dhabi as their destination to live, work, and thrive.

Abu Dhabi’s appeal extends beyond its business opportunities, it has been ranked as the best and safest city to live in the region offering a high quality of life with world-class amenities and infrastructure. Out of Abu Dhabi, ADGM is further enhancing its attractiveness as a preferred destination for professionals and investors alike.

In its 2024 Outlook, a comprehensive survey conducted among the ADGM community provides insight into the promising prospects for ADGM as a preferred destination. A total of 70.81% of companies anticipate expanding their workforce in ADGM during 2024, with 29.93% expecting significant increases and 40.88% planning moderate growth in staffing. This collective optimism reflects Abu Dhabi’s robust economic health and the strong confidence within the business community in the conducive business environment of the IFC.

Managing a Seamless Migration of Reem Island Businesses

2024 is the year of transitioning businesses on Al Reem Island for ADGM, which is progressing smoothly and is well underway with several initiatives being announced and implemented during Q1 2024 to support the businesses migration process.

In addition to a series of awareness sessions and focus group meetings organised by the RA of ADGM for representatives of businesses on Al Reem Island, ADGM launched its information centre in Shams Boutik Mall, in Al Reem Island.

The launch of the centre was followed by ADGM’s first community event on Al Reem Island. The community event provided a platform for ADGM to unveil a new incentive initiative tailored exclusively for businesses based on Al Reem Island, operating in non-financial and retail sectors. Under this incentive initiative, eligible businesses on the island will be relieved from any fees associated with acquiring an ADGM commercial licence until October 31, 2024.

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LONDON, May 20, 2024 /PRNewswire/ — The Sovereign Wealth Fund Institute (SWFI) is pleased to announce the Global Order of Outstanding Disruptors (Good) Fellow Awards, which will be presented at the highly anticipated Global Wealth Conference 2024 in London. The awards recognise outstanding individuals who have made significant contributions to the global wealth management industry and have demonstrated exceptional leadership, innovation, and commitment to promoting best practices.

“We are thrilled to present the Good Fellow Awards at this year’s conference in London,” said Lakshmi Narayanan, Chairman of SWFI. “These awards recognise the outstanding achievements of individuals who have made a lasting impact on the global wealth management industry. By celebrating their successes and sharing their insights, we hope to inspire others to pursue excellence and drive positive change in the industry.”

The Good Fellow Awards will be presented during a special ceremony at the conference, followed by an engaging “Good Talk” conversation between Lakshmi Narayanan and the award recipients. The recipients include Ruston Smith, Non-Executive Chair of the Tesco Pension Fund; David Pitt-Watson, entrepreneur and writer; Lord Dominic Johnson, Minister of State for Regulatory Reform in the United Kingdom; H.E. Nayef Falah Al-Hajraf, Secretary General of the GCC; and Dr. Jen Jones, CEO of the Galapagos Conservation Trust.

London, once the wealthiest city in the world, has seen its position decline over the past decade, now ranking 5th — a decline of 10% over the past decade, with 227,000 millionaires, 370 centi-millionaires, and 35 billionaires.

In contrast, Los Angeles has seen a 45% growth in its wealthy population, jumping to 6th place, while Paris retains its 7th place as the wealthiest city in mainland Europe. Sydney has also experienced strong wealth growth over the past 20 years, ascending to 8th position.

Despite this shift, London remains a global financial hub and a fitting location for the Global Wealth Conference 2024. The event aims to bring together industry leaders, decision-makers, and innovators from around the world to discuss the most pressing challenges and opportunities facing the global wealth management sector.

The Global Wealth Conference 2024 will take place from May 28 – 30, 2024 in London. The event will feature a diverse lineup of speakers, panel discussions, and interactive sessions focusing on key themes such as sustainability, allocation, and innovation in the global wealth management industry.

For more information about the Global Wealth Conference 2024, including registration details and the full agenda, please visit https://gwc.events/london2024/ 

About the Sovereign Wealth Fund Institute:

The Sovereign Wealth Fund Institute is a global organisation dedicated to the study and promotion of best practices in sovereign wealth fund and public asset management. SWFI facilitates sovereign fund, pension, endowment, superannuation fund, and central bank events around the world.

Website:

https://fort.global/dubai/

https://www.swfsummit.com/

https://gwc.events/

Photo – https://mma.prnewswire.com/media/2417127/Lakshmi_Narayanan.jpg

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