hk astri fintech initiative€¦ · operational by 4q16. targeted activities: ... • data...

ASTRI Proprietary

HK ASTRI FinTech Initiative

October 2016

ASTRI Proprietary

HK Financial Services Industry (FSI)

• FSI: one of HK’s four pillar industries

• HK ranked third in the Global Financial Centres Index (GFCI) byLondon released in September 2015

• Employed 236,500 (6.3%), and accounted for 17% of HK’s GDP(2014).

• GDP contribution increased from 13% (2004) to 17% (2014)

April 2016

ASTRI Proprietary

ASTRI’s Fintech Ecosystem

33

RegulatoryParticipation

InfrastructureBuilding

Platform TechBuilding

UniversityCollaboration

MNC Collaboration

Talent &Training

Startups &Spinoffs

Venture Capital

ASTRI Proprietary 4

Announced on 2016.09.06 by HKMA, ceremony on 2016.11.11. Operational by 4Q16.

Targeted Activities:• Test solutions which require participation of multi‐parties

• Demonstrating Fintech solutions which require substantial computing resources

• Holding dialogues between the industry and the HKMA on emerging technologies

• Test solutions that may be adopted by HKMA

• Organizing training courses for industry

HKMA‐ASTRI Fintech Innovation Hub

ASTRI Proprietary 5

Joint Fintech Activities with Industry and Universities

• HKU-ASTRI Joint Research Lab 2016.10.17• Joint collaboration with ETDA of Thai Govt 2016.10.07• HKMA-ASTRI Fintech Innovation Hub 2016.09.06• ASTRI and Police on setting up Cyber Range 2016.07.20• BOCH-ASTRI FinTech Collaboration Center 2016.07.15• With HKMA on Cyber Fortification Initiative 2016.05.23• Cybersecurity Summit with HKMA, HKPF, HKIB 2016.05.17• FinTech Collaborative Innovation Center with BICI 2015.11.28

ASTRI Proprietary

ASTRI FinTech R&D Areas

BDA, AI/DL

Blockchain

Mobile Computing

FinTech

VCs, Incubators,

Accelerators

Regulators & Government

Emerging Technologies

Enterprises, Consumers

Cyber-Security

ASTRI Proprietary

Establish in HK, a world‐class information security R&D team to• provide advanced cyber‐security consultancy, assessment, and research• develop advanced information security technologies• nurture local information security experts and practitioners

ASTRI Security Lab

https://youtu.be/rSe5FcSNGT8

ASTRI Proprietary

Cryptographers Ethical Hackers Reverse Engineers

Network Engineers Software Developers Penetration Testers

System Architects Biometric AlgorithmicScientists Crypto Engineers

400+ Engineers in different groups in ASTRI

R&D TeamOur engineers

ASTRI Security Lab

ASTRI Proprietary

Cyber Security Summit 2016

ASTRI Proprietary

Cyber Threat Intelligence Sharing and Analytics Platform

GOOGLE TRENDS on Threat IntelligenceReached all‐time‐high in 2016

ASTRI Proprietary

ASL-Intel (Cyber Security Daily Intelligence)

ASTRI Proprietary

Daily updates on FSI related cyber‐security intelligence from various dark web, ASTRI Security Lab investigation, and open sources Categorized threat

intelligence and analytics


ASTRI Proprietary

In‐depth investigation reports on major cyber threat incidents and hacker techniques


ASTRI Proprietary


ASTRI Proprietary

Cyber Range

• Red vs Blue team cyber attack and defense• Action based practical training vs theory based• Attack simulation, war tactics analysis• 6,000 cyber attack scenarios, 35,000 pieces of malware• DDoS and botnet simulations

ASTRI Proprietary

Cyber Assessment Training and Exam

• Develop training and exam materials and tools• Nurture a rigorous and up‐to‐date team of cyber‐security practitioners• Ensure the cyber‐security resilience of our critical infrastructure

ASTRI Proprietary

Cloud Security

Cryptographic Systems• big data analytics over encrypted data• searchable encryption• attribute‐based encryption for access control• homomorphic encryption for encrypted addition and

multiplication• order preserving encryption for encrypted sorting and range

search

• to be used on the cyber‐threat intelligence sharing platform, cyber range, banking systems that require geo‐fencing (compliance)

ASTRI Proprietary

Blockchain Technology

https://youtu.be/gdWw1pPH8gYhttps://youtu.be/8MsxzzjkSKs

• EmTech Hong Kong 2016 (MIT)• Blockchain Strategies for Business (Cyberport)• HKMA Blockchain whitepaper and proof‐of‐concept trials

• Mortgage loan application• Trade finance• Identity management

• BOCHK property valuation system• HKEx corporate action

ASTRI Proprietary

Blockchain Technology

ASTRI Proprietary

Transportation Documents

Buyer

Buyer’s Bank Seller’s Bank

Seller

Banking Documents

Commercial Documents

Blockchain: Trade Finance

ASTRI Proprietary 22

Big Data Analytics + Artificial

Intelligence

ASTRI Proprietary

Big Data Analytics Team Data Scientists

ASTRI Proprietary

Graph Analytics Suspicious Bitcoin Transactions

ASTRI Proprietary

Graph Analytics Derivatives Transactions Surveillance

ASTRI Proprietary

Predictive Analytics Bank Customer Retention

ASTRI Proprietary

Predictive Analytics Smart Traffic


Technology: Chinese Character Recognition using Artificial Intelligence

ASTRI Proprietary

Technology: Signature Authentication using Artificial Intelligence


Facial recognition + sentiment • Finger print

Iris

Palm

Technology: Biometric Authentication + Artificial Intelligence

ASTRI Proprietary

ASTRI server• Data analytics• Machine

Learning• Authentication

Data encryption

voiceimage

tactile

sensor

writing

Technology: Behavioral Authentication + Artificial Intelligence

ASTRI Proprietary

Disclaimer

The information contained in this presentation is intended solely for your reference and may be subject tochange without further notice.

Such information's truthfulness, accuracy or completeness is not guaranteed and it may not contain all thematerial information concerning Hong Kong Applied Science and Technology Research Institute CompanyLimited and/or its affiliates (collectively, "ASTRI"). ASTRI makes no representation or warranty regarding, andassumes no responsibility or liability for, the truthfulness, accuracy or completeness of any information containedherein.

In addition, the information may contain projections and forward-looking statements that may reflect ASTRI’scurrent views with respect to future events and financial performance. These views are based on currentassumptions which may change over time. ASTRI makes no assurance that such future events will occur, thatsuch projections will be achieved, or that ASTRI’s assumptions are correct.

Lastly, this presentation does not constitute an offer made by ASTRI whatsoever (including an offer relating toASTRI's technologies and/or services).

32

ASTRI Proprietary

End of PresentationThank you.

Corporate website:www.astri.org

Contact: Duncan [email protected]+852 3406 0319