Feb. 23, 2023---Wizpresso, a Hong Kong-based FinTech company specializing in NLP technology, has been selected for the Fintech Supervisory Sandbox 3.1 Pilot (FSS 3.1 Pilot) sponsored by the Hong Kong Monetary Authority (HKMA).
Being selected as one of the three companies admitted to the FSS 3.1 Pilot is a testament to the strength and potential of our advanced NLP technology. As a Hong Kong home-grown FinTech company, Wizpresso is committed to augmenting the Hong Kong capital market’s regulatory workflow, providing AI-driven solutions for the financial industry.
Wizpresso's Smart Data Comprehension for Corporate Credit Assessment project leverages NLP technology to analyze unstructured data, such as financial filings and disclosures, to extract insights and assess credit risk. This will help capital market players to make better-informed decisions when it comes to credit risk management.
The FSS 3.1 Pilot is a development-stage funding support program for financial technology projects that have been approved and completed in the Fintech Proof-of-Concept Subsidy Scheme (PoC Scheme) 2021.
Moving forward, Wizpresso will continue to innovate and expand capabilities to deliver AI-powered solutions that empower financial professionals and provide easier access to information in the capital markets.
FSS3.1 Pilot Official Website: https://fss2022.cyberport.hk/en/
HKMA FSS Website: https://www.hkma.gov.hk/eng/key-functions/international-financial-centre/fintech/fintech-supervisory-sandbox-fss/
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