Schroders has announced the establishment of its Global Digital Assets Centre of Excellence in Singapore, a strategic move to bolster its digital asset capabilities worldwide. Led by Marita McGinley, Global Head of Digital Asset Strategy, the centre will focus on innovation, capitalising on tokenisation opportunities, and building a scalable future operating model.
The centre will prioritise the development of digital components through tokenisation, aiming to enhance client value and operational efficiencies. It will also explore new opportunities in tokenised funds and treasury solutions, whilst creating a simplified framework using reusable digital components like smart contracts and integration tools.
Digital assets offer transformative potential for the asset management industry, and Schroders is keen to leverage this through its vision of Composable Finance. This approach allows the firm to optimise investments into programmable smart contracts and tokens, broadening investment opportunities and standardising processes.
The centre will engage with key stakeholders to shape policies, drive industry standards, and promote knowledge sharing. This initiative aligns with Singapore’s ambitions to lead in financial technology and digital asset innovation, supported by Schroders’ involvement in the Monetary Authority of Singapore’s Project Guardian.
Gopi Mirchandani, Head of Client Group, Asia, highlighted the significance of the launch, stating, “The Global Digital Assets Centre of Excellence marks a pivotal milestone in our journey to drive the evolution of asset management through digital innovation.” Meagen Burnett, Group Chief Financial Officer, added, “Digital assets are transforming asset management… Schroders will continue to adopt these new technologies to meet evolving needs.”
The launch underscores Schroders’ commitment to driving innovation in asset management, positioning itself at the forefront of digital asset development.
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