Hong Kong’s advanced financial ecosystem and technological infrastructure provide the ideal foundation for our regional expansion strategy. From this base, we see significant opportunity to lead further digital innovation.
Harnessing AI for Digital Transformation
CLPS Incorporation (CLPS), headquartered in Hong Kong, is driving digital transformation across industries, including banking. With operations in
10 countries, the company serves various sectors such as FinTech and payment solutions, by integrating artificial intelligence (AI) into traditional banking practices.
“AI is revolutionising the way banks operate, enabling them to deliver personalised services and streamline processes,” said Tarzan The, Senior Vice President of CLPS. “Our focus on AI allows us to tailor bespoke solutions that meet the unique needs of each financial institution, ensuring a smoother and more efficient transition to digital banking.”
Strategic Positioning in Hong Kong
“Hong Kong’s strategic location as a gateway to Asia, combined with its business-friendly environment, positions us ideally for leading the digital transformation of banks,” The explained. CLPS’s global headquarters oversees strategic initiatives across Asia with a team of approximately 250 technology professionals specialising in AI and cloud computing.
“Hong Kong’s highly skilled workforce and world-class infrastructure are essential for driving our innovation and operational efficiency,” The observed. “The city’s position as an international business centre, supported by government initiatives to attract global enterprises, strengthens its role as a gateway to the wider Asian market, including the Chinese Mainland.”
Advancing Financial Services with AI Solutions
Building on these strategic advantages, the company continues to innovate through recent developments, including its participation as a technology partner in the Hong Kong Monetary Authority’s GenA.I. Sandbox initiative.
CLPS collaborates closely with InvestHK to strengthen its regional presence and drive digital transformation efforts in the banking sector. “We are committed to expanding our capabilities to support the growing digital demands of banks across Asia,” The added.
