H.E.R.O.’s Journey in Tech (29 October 2018) – One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members

October 29, 2018 Leave a comment

H.E.R.O.’s Journey in Tech (29 October 2018) – One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members

Companies

  • The Cloud-Gaming Battle Is Coming, and Sony Has Its Game Face On (Bloomberg)
  • Xiaomi’s ‘internet of things’ arm pushes into Japan; Lumi United finds local partner to sell sensors for offices and shops (Nikkei)
  • One of New Zealand’s oldest banks has appointed Bravura Solutions’ Sonata as the core administration platform for 500,000 retail and employer members (FS)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • Alibaba-Net-a-Porter Is New Front in China’s Luxury War; Cartier-owner Richemont wants to improve the prospects of its e-commerce business in the world’s largest luxury market (WSJ)
  • Alibaba counters Amazon in Southeast Asia with high-tech stores; Local arm Lazada knows Asian consumers better than US rival does, exec says (Nikkei)

Asia Tech & Innovation Trends

  • China’s Byton eyes IPO to fund expansion: Automobilwoche (Reuters)
  • China’s Tech Investment Mania Ebbs-For Now; Investors newly cautious about Chinese technology firms, despite underlying confidence in sector’s growth potential (WSJ)
  • Asian chip share rout provides strong indication of a tough 2019 (Nikkei)
  • Grab looks to avoid a price war with ride-hailing rival Go-Jek as it focuses on safe, reliable services (SCMP)

Global Tech & Innovation Trends

  • IBM to acquire software company Red Hat for $34 billion (Reuters); IBM Chases Amazon Into Cloud With $33 Billion Red Hat Purchase (Bloomberg); IBM and Red Hat Are Much Better Together; The two make a more compelling cloud-computing alternative as a combined force than they ever could on their own. (Bloomberg)
  • Expedia acquires Pillow and ApartmentJet to conquer the short-term rental market (Techcrunch)
  • The Economic Value of Artificial Intelligence (WSJ)
  • Dyson Gets Swept Up in Electric-Vehicle Revolution; The company’s investment in cordless technology puts it in a unique position to take advantage of its supply-chain expertise. (Bloomberg)

Life

  • Execution is Everything (25iq)

Filed under Innovation

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: