Sibos 2019 London welcomes a trade delegation from Zhejiang province in China marking the first time a department of commerce from the region has attended an overseas trade conference.
In what has been marked as the most ambitious Sibos yet, it is also the first time the financial conference will be hosted in London, at the Excel centre in the city's docklands area.
Thus Sibos becomes the first overseas host to a trade delegation from the department of commerce of the Zhejiang Trade Service in China and demonstrates a monumental shift in strategy from China's financial services sector, with Zhejiang leading the way.
Zhejiang is a province in eastern China, along the East China Sea. The capital, Hangzhou is only 170km from Shanghai.
The Zhejiang delegation attending Sibos 2019 consists of five Zhejiang-based financial technology companies.
Tongdun Technology, BangSun Technology, Yunrong Innovation Technology, Hangzhou Sunyard Fintech Technology and Hangzhou WEIEASE Information Technology are all present at the financial flagship conference.
These Zhejiang-based financial technology enterprises headlined by Tongdun Technology are domestic professional service providers for smart risk control and analysis and decision-making. They deeply combine AI with business and provide smart user analysis, smart risk control for credit loans, smart anti-fraud, smart operation and other smart decision-making products and services to customers. These pervade through the government and finance, Internet, logistics, medical services, retail and smart city industries.
Vice President of Tongdun Technology, Mr. Daliang Chen attended the exhibition and enthused: "We chose SIBOS to mark our first foray in to the international commerce arenas as it is a well reputed international financial summit which has the greatest international influence and decision-making power in the world of finance.
"It is a great opportunity for Tongdun Technology to exchange ideas with and learn from global financial technology enterprises. Meanwhile, it will also deepen my understanding of the current world financial industry and how to direct innovation integrating finance and technologies.
Alongside Tongdun Technology, the other financial technology enterprises such as BangSun Technology, Yunrong Innovation Technology, Hangzhou Sunyard Fintech Technology and Hangzhou WEIEASE Information are delighted to demonstrate the financial products and trends of Zhejiang enterprises on a global stage.
"The participation of the delegation formed by Zhejiang-based enterprises has shown the world the financial strength of Zhejiang and have opened an important window for overseas people to know the development status of Zhejiang financial services and the charm of the Zhejiang economy," summarised Mr Chen.
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