ST Engineering and Montran Corporation sign MOU to focus on digital financial services in Asia Pacific

Singapore Technologies Engineering (ST Engineering) and Montran Corporation have signed a memorandum of understanding (MOU) to establish a strategic alliance to focus on the digitalisation of critical payments and securities settlement systems for the financial services industry in Asia Pacific.

The partnership, which will bring about a state-of-the-art Centre of Excellence (CoE) in Singapore, will also combine ST Engineering’s global capabilities in designing, building and operating highly secure critical information infrastructures with Montran’s experience in global payments and securities settlements and clearing infrastructure solutions.