Technology conglomerate IBM has launched a new set of developer tools for the financial services industry; the IBM Cloud for Financial Services platform will be directed by IBM InterConnect and will provide building blocks for financial services apps built on the IBM Cloud; the platform will target 100,000 individual and enterprise developers with APIs, data and content for financial services apps that can quickly scale to service fintechs, banks, wealth management firms and insurance companies; with the launch, IBM also announced a Singapore Fintech Hub, developed with support from the Singapore central bank, that will plug in to IBM's new Cloud for Financial Services platform and accelerate fintech growth in Singapore and Southeast Asia; across the world, IBM will integrate the new offerings of IBM Cloud for Financial Services at IBM's Business Partner Solution Hubs. Source
