BondEvalue Wins 1st Place for the MAS Singapore Financial Institution Award 2022

1st Place – Singapore Financial Institution Award

We are proud and delighted to announce that BondEvalue has won 1st place for the MAS Singapore Financial Institution Award 2022 at the Singapore Fintech Festival.

The solution that won the award is the BondbloX Bond Exchange (BBX), the world’s first fractional bond exchange that enables investors to trade fractional bonds electronically, just like stocks. Regulated by the Monetary Authority of Singapore (MAS), BBX brings efficiency to the bond markets with transparent bond prices and atomic settlement (T+0). With BBX, investors get instant access to bonds and diversification opportunities for their investment portfolios.

Left to right: Alvin Tan, Singapore Minister of State presenting the award to BondEvalue co-founders Rajaram Kannan and Rahul Banerjee 

There were 12 nominees for the Singapore Financial Institution Award including global banks such as HSBC and Citi. Standard Chartered and ICBC came in second and third for the award category.

In addition to the MAS Singapore Financial Institution Award, BondEvalue also won the following awards:

Top FinTech Leaders

Rajaram Kannan, Co-Founder & CTO of BondEvalue was awarded the Top FinTech Leader Award by the Singapore Fintech Association (SFA). Rajaram played a crucial role in charting the development of the BBX, leading initiatives in the emergent technological areas of public cloud and blockchain.

Knowledge Enterprise

BondEvalue won the Knowledge Enterprise Award by the Singapore Fintech Association (SFA) for its contribution to the broader finance community in two ways:

(a) Curating and delivering quality FinTech courses including the flagship Digital Assets in Capital Markets course, recognized by IBF-STS, that educates finance professionals on digital assets – assets created on a blockchain network.

(b) Continuously sharing knowledge on Web3 and capital markets at FinTech events on all scales, including bringing the renowned Digital Assets Week conference to Singapore for the first time in September 2022, being Platinum Sponsors for the Digital Assets Week in London in November 2022, speaking at the Point Zero Forum in Zurich and the India Fintech Festival.

BondEvalue co-founders Rahul Banerjee and Rajaram Kannan (left) with BondEvalue team members Joel Ng, Charlene Chor, Kelda Lim and Jing Yan Chew, with Shadab Taiyabi, President of the Singapore FinTech Association (center)

About the Awards

Recognising the accelerated pace of digitalisation in businesses over the last two years, the theme for the 2022 Awards is “Embracing Digital. Charting the New Normal.” A new sustainability criteria has been included on top of the previous judging criteria of impact, practicality, interoperability, and uniqueness and creativity. This underscores the importance and urgent need for active integration of environmental, social and governance (ESG) factors as part of the overall FinTech business model.

MAS and SFA Announce Award Winners at Singapore FinTech Festival