Opening: Thomson Reuters Data & Innovation Lab in Singapore

Thomson Reuters continues expansion of its global labs network by opening its sixth in Singapore. Its first lab in Asia, the Singapore Data and Innovation Lab will serve customers across the Asia Pacific.

Sopnendu Mohanty, Chief Fintech Officer at Monetary Authority Singapore (MAS) officiating the opening of the new Thomson Reuters Lab in Singapore. In addition, Kiren Kumar, Assistant Managing Director, Infocomms and Media, Singapore Economic Development Board commented, “We welcome Thomson Reuters into our fast-growing digital innovation ecosystem, and are glad that the Singapore Data and Innovation Lab is collaborating with various partners to create new products for the region and beyond. We are also pleased that the Lab presents exciting career opportunities in data science, software development and user experience design.”

The Thomson Reuters Lab in Singapore will collaborate with the government, customers, tech startups and universities to build partnerships and create innovative products and solutions for professional markets throughout the Asia Pacific region.

“With the rapid growth of game developers and many popular game titles, the social gaming industry is becoming increasingly competitive. Having the best technology is crucial to maintaining a competitive edge,” said Rex Ng, Chief Executive Officer of 6waves.

The other five labs are currently in Boston, Cape Town, London, Waterloo (Canada) and Zürich.

Located in Singapore’s central business district at One Raffles Quay, the Singapore Lab opening was officiated by Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority Singapore (MAS).

The lab will support Thomson Reuters financial & risk, tax & accounting and legal businesses across Asia Pacific.

Thomson Reuters Labs aim to lean experimentation with advanced data analytics and machine intelligence to solve global challenges for customers.

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“Singapore is one of the world’s most innovative cities thanks to its focus on collaboration between corporations, government, financial institutions, regulators, and academia. With our established footprint across Asia and a strong presence in Singapore, the new Lab will serve as a hub for growing our innovation efforts and fostering co-innovation with our customers and partners within the region. Thomson Reuters remains focused on helping our customers in Asia navigate current global uncertainties and an increasingly complex business world through agile prototyping, leveraging our market leading assets, and deep, proven content,” said Sanjeev Chatrath, Managing Director, Financial & Risk, Asia Pacific at Thomson Reuters.

Specifically, the Labs provide capabilities across the many disciplines that constitute data science, delivering data exploration tools, dashboards, visualisations and proof-of-concept applications.

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