The CySec issued a progress report on the Innovation Hub's activities since its launch in October 2018.
The Cysec said that the Hub has engaged with 19 companies in relation to specific queries and/or products with a wide range of interests in innovation, including:
- Regtech (regulatory and anti-money laundering) compliance tools based on data analytics and big data reporting;
- companies that use distributed ledger technology (DLT) for offering, transferring and verifying the ownership of financial instruments;
- artificial intelligence tools for both FinTech and Regtech purposes;
- a venture capital fund investing in blockchain start-ups;
- tools for asset managers operating using big data; and
- trading facilities intending to operate using DLT.