Press

Singlife has appointed Citi and BlackRock Aladdin® to provide it with a comprehensive technology platform to unify and transform its asset management capabilities across its front, middle and back-office offering. Citi and BlackRock Aladdin® previously entered into an alliance to leverage Citi’s infrastructure and the Aladdin technology platform to enhance the entire securities services lifecycle for mutual clients. Singlife is one of the alliance’s most significant mandates in Asia to date.

ZENYACHTS manufacturer of groundbreaking solar-electric, emission-free catamarans, announces the closing of its €5.5M Series A funding round subscribed solely by Ocean Zero, a fund that invests in innovative young companies that can make a breakthrough difference in decarbonizing transportation on the world’s oceans, rivers and seas. Ocean Zero’s Managing Partner is Chris Anderson, Curator of the TED Conferences, and the TED Countdown initiative that seeks to accelerate solutions to the climate crisis.

Singlife has been appointed the official insurer for the Ministry of Defence (MINDEF) and Ministry of Home Affairs (MHA) Group Insurance Scheme. It will provide life and personal accident insurance coverage for all MINDEF and MHA personnel. Singlife assumed the portfolio previously held by Aviva Singapore and won the tender to provide core insurance coverage for all in-service personnel, NSmen and NS volunteers. It will extend a voluntary insurance scheme to all eligible MINDEF and MHA personnel as well as to their dependents.

Singlife announced that it has become an official signatory of the United Nations’ Principles for Sustainable Insurance (PSI), a global sustainability framework and initiative of the United Nations’ Environment Programme Finance Initiative

has developed and launched its ESGpedia registry platform. ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. Launched with a live showcase at the Project Greenprint Industry Showcase Event (May 18) organised by the Monetary Authority of Singapore (‘MAS’), Singapore FinTech Association (‘SFA’), and STACS, ESGpedia aggregates, records, and maintains the provenance of holistic and forward-looking environmental, social, and governance (ESG) certifications and data of companies across various sectors and global verified sources on a single registry, utilising blockchain technology to ensure security and ease of access by different users.

STACS today announced its partnership with Razer Inc. the leading global lifestyle brand for gamers, to launch Restorify, an e-commerce service with traceable carbon neutral checkout.