Financial Technologies
Technologies and Researches

Financial Technologies

ASTRI supports the development of FinTech in Hong Kong in three distinct workstreams: Cybersecurity, Blockchain and Big Data Analytics.

For Cybersecurity research and development, we have Cybersecurity and Analytics (CSA) Group and ASTRI Security Laboratory (ASL). The CSA Group focuses on platform technology development where big data analytics and machine learning are used for automated security threat analytics. On the other hand, ASL focuses on developing skill-sets of security professionals – helping them to perform ethical hacking, advanced reverse engineering, crypt-analysis and third party security assessment opinions.

ASTRI CSA group and ASL supports the Cybersecurity Fortification Initiative (CFI) pursued by the Hong Kong Monetary Authority (HKMA). We are developing a Cyber Intelligence Sharing Platform in association with the Hong Kong Association of Banks for sharing intelligence on cyber-attacks. We are also developing a cybersecurity simulation platform along with Hong Kong’s law enforcement agency for cybersecurity professional development – including practice opportunities for trainees to master attack and defence techniques.

Working on big data analytics research and development, ASTRI Data analytics group leverages big data technologies such as Hadoop, Spark, Kafka, Elasticsearch as well as machine learning, deep learning and graph algorithms to provide data management, analytics and regulatory solutions. We are working with banks for enhanced customer engagement solutions, including customer profile analysis, personalised product recommendation, and customer retention analysis. We are also working on RegTech solutions, such as crypto-currency (e.g. bitcoin) transaction surveillance, to help derive real-time intelligence for Anti Money Laundering (AML) identification and financial crimes risk assessment.

For Blockchain technology development, the related core competence group in ASTRI is experienced in building applications on major blockchain platforms, including Bitcoin, Monax, Corda, Ethereum and Hyperledger. In addition, the team works to enhance Blockchain consensus algorithm and network security. Commissioned by HKMA, ASTRI Blockchain core competence group is building a series of proofs-of-concept for application of Blockchain technology in the banking industry. The result and findings will be shared on a whitepaper to provide guidance to the banking industry and other sectors on the application of the technology. We have also partnered with Bank of China (Hong Kong) to develop a Blockchain-based property valuation system to simplify the existing paper-based and time-consuming property valuation process. The team will continue to collaborate with different financial institutions to develop Blockchain applications in areas like trade finance, mortgage, digital identity management and insurance.

Research Areas & Focus

Cybersecurity

Developing platform technology and automated security threat analytics

Training of security professionals

Blockchain

Building applications on major blockchain platforms, including Bitcoin, Monax, Corda, Ethereum and Hyperledger, etc.

Enhancing the blockchain consensus algorithm and network security

Big Data Analytics, Artificial Intelligence and Deep Learning

Leveraging big data technologies as well as machine learning, deep learning and graph algorithms for providing data management, analytics and regulatory solutions

Project Highlights

ASTRI partners with InvestHK for Hong Kong FinTech Week 2017
ASTRI partners with InvestHK for Hong Kong FinTech Week 2017
ASTRI partnered with InvestHK, organiser of the Hong Kong FinTech Week 2017, and contributed with in-depth, insightful sessions on Distributed Ledger Technology (DLT) or Blockchain ...
See More
Beijing Fangshan Yancun Technology Park partners with ASTRI, to power its specialised FinTech innovation hub
Beijing Fangshan Yancun Technology Park partners with ASTRI, to power its specialised FinTech innovation hub
The 21st Beijing-Hong Kong Economic Collaboration Symposium was held in Hong Kong from 28-29 November 2017 with the theme of "Leading Innovation, Exchanging Resources, Driving Development, and Creating Prosperity" ...
See More
ASTRI supports HSBC Safeguard App Competition as technology enabler – provides training, technology platform and programming interfaces to contestants
ASTRI supports HSBC Safeguard App Competition as technology enabler – provides training, technology platform and programming interfaces to contestants
At the Demo Day of the Safeguard App Competition organised by HSBC on 13 December 2017, student teams and start-ups showcased their ideas ...
See More
FinTech Career Accelerator Scheme 2.0 officially launched
FinTech Career Accelerator Scheme 2.0 officially launched
The Hong Kong Monetary Authority (HKMA) has launched the second edition of the FinTech Career Accelerator Scheme (FCAS) today, 31 January 2018 ...
See More
ASTRI helps boost technical capabilities of participating start-ups in the Accenture FinTech Innovation Lab Asia-Pacific
ASTRI helps boost technical capabilities of participating start-ups in the Accenture FinTech Innovation Lab Asia-Pacific
ASTRI is a supporting organisation in the FinTech Innovation Lab Asia-Pacific, an annual 12-week mentorship programme organised by Accenture ...
See More
HKMA-ASTRI Fintech Innovation Hub
HKMA-ASTRI Fintech Innovation Hub
Launched on 11 November 2016, the HKMA-ASTRI FinTech Innovation Hub (The Hub) is intended to be a neutral ground of the FinTech industry, a place where various stakeholders can collaborate to innovate ...
See More
Whitepaper on Distributed Ledger Technology
Whitepaper on Distributed Ledger Technology
7ASTRI was commissioned by the Fintech Facilitation Office (FFO) of the Hong Kong Monetary Authority (HKMA) to conduct a research project on Distributed Ledger Technology (DLT) ...
See More
ASTRI Security Lab
ASTRI Security Lab
ASTRI Security Lab (ASL)is a dedicated facility that drivesfocused cybersecurity R&D and knowledge-sharing ...
See More
Cybersecurity Training
Cybersecurity Training
Professional Development Programme (PDP) The Hong Kong Monetary Authority (HKMA) works with the Hong Kong Institute of Bankers (HKIB) and Hong Kong Applied Science and Technology Research Institute (ASTRI) to develop a localised certification scheme – Certified Cyber Attack Simulation Professional (CCASP) and training programmes for cybersecurity professionals ...
See More
ASTRI’ s Smart Investment Platform
ASTRI’ s Smart Investment Platform
The Intelligent Investment Platform, developed jointly by ASTRI and t.Axiom, is capable of analysing large-scale financial data, calculating quantitative models and processing a big chunk of historical and real-time data ...
See More
Cyber Range
Cyber Range
Overview The first Cyber Range facility in Hong Kong was established at ASTRI in 2016. In collaboration with the Hong Kong Police Force, ASTRI set up the Cyber Range at its premises to provide cybersecurity training services to professionals from law enforcement agencies as well as the financial services industry ...
See More
Cyber Intelligence Sharing Platform
Cyber Intelligence Sharing Platform
The group is currently working on a Cyber Intelligence Sharing Platform for the financial industry in Hong Kong where data, information, and intelligence related to cyber-threats provided by the contributing authorised users of the Platform can be collected, compiled, and shared among other authorised users ...
See More
Blockchain
Blockchain
Blockchain (a.k.a. Distributed Ledger Technology) is a software platform which uses advanced cryptographic techniques and peer-to-peer networks to enable the creation of secure, collaborative and trustworthy applications in a cost-effective and reliable fashion ...
See More