SVCA Digital Adoption Committee

June 19, 2021

SVCA is pleased to announce the formation of a new Digital Adoption Committee with the following objectives:

  • Understand and articulate the opportunities for adoption of digital solutions in the private capital business across (non-exclusive list):
    • Investments
      • Deal sourcing; Deal evaluation/ data mining
    • Portfolio monitoring and management
      • Portfolio company data collation; Linkage to value creation plans & Team/ portfolio company O-KRs; Data visualisation/ dashboards
    • ESG
      • Pre-deal due diligence process management (materiality determination, data collection, etc); Portfolio company data collation; Linkage to standards/ corrective action plans & Team/ portfolio company O-KRs; Data visualisation/ dashboards
    • Investor relations
      • Investor relationship management (CRM); Investor reporting
    • Fund administration & compliance
      • Fund administration, including investor onboarding/ management (AML/ KYC); Compliance (Manager) and regulatory filings
    • Internal collaboration, email, chat, cloud file storage
    • Cyber security
    • Other support services
      • Travel & expense management; Human Resource Management; Accounting
  • Understand the landscape of solutions and solution providers
  • Evaluate options for member firms to adopt existing solutions and/ or commission the development of solutions, leveraging:
    • The Digital Acceleration Grant by the Monetary Authority of Singapore (MAS) (https://www.mas.gov.sg/development/fintech/digital-acceleration-grant)
    • Economies of scale/ collective buying power of member firms

Please join us in congratulating Ian Sikora, Director at Openspace Ventures and Kenneth Leong, COO & CFO at Axiom Asia for taking on the role of co-chairs of our Digital Adoption Committee.