{"id":6809,"date":"2019-11-06T10:18:23","date_gmt":"2019-11-06T08:18:23","guid":{"rendered":"https:\/\/blog.zhaw.ch\/sml-international\/?p=6809"},"modified":"2025-07-25T11:50:53","modified_gmt":"2025-07-25T09:50:53","slug":"day-2","status":"publish","type":"post","link":"https:\/\/blog.zhaw.ch\/sml-international\/day-2\/","title":{"rendered":"Day 2 &#8211; Future Business Leaders Study Trip Singapore 2019"},"content":{"rendered":"\n<p>Our day started with a company visit at Standard Chartered Bank. The bank focuses on the Asian and African market. The Presentation was opened by Dr. Michael Gorriz, Chief Information Officer, who explained more about the concept of Open Banking. Followed by Nitin Bhandari, Managing Director &amp; Global Head &#8211; APIs, Blockchain &amp; Platform Partnerships and Dr. Sebastian Wedeniwski, CIO Technology Strategy &amp; aXess at Standard Chartered Bank. We gained insights into their strategic global business and their view towards the future of the banking industry in the digital transformation, ie. open banking trends, their technology strategy and aXess platform to apply API&#8217;s. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9362-768x1024.jpeg\" alt=\"\" class=\"wp-image-6813\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9362-768x1024.jpeg 768w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9362-225x300.jpeg 225w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9362.jpeg 1536w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356-1024x768.jpeg\" alt=\"\" class=\"wp-image-6812\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356-1024x768.jpeg 1024w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356-300x225.jpeg 300w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356-768x576.jpeg 768w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356-400x300.jpeg 400w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9356.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9348-768x1024.jpeg\" alt=\"\" class=\"wp-image-6815\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9348-768x1024.jpeg 768w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9348-225x300.jpeg 225w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9348.jpeg 1536w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<p>After a short lunch break, we returned to the hotel, where we had the honor to meet Birgitta von Dresky, Partner and Attorney-at-Law at the law firm Luther LLP. She is responsible for clients emerging to Asia and informed us about the legal situation to start a company in Singapore. In comparison to Switzerland the process is much faster and requires 1 SGD only as share capital. We had some time to ask her questions regarding our business cases and we found her visit very helpful and eye-opening.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"312\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/11\/49955.jpg\" alt=\"\" class=\"wp-image-6877\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/11\/49955.jpg 640w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/11\/49955-300x146.jpg 300w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/11\/49955-500x244.jpg 500w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>After learning about the legal aspects, we started to work on our business cases in our groups. At first, we analyzed the topic and prepared a questionnaire for the upcoming field search. We finished the second day with an individual dinner in the local restaurants of Singapore. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347-1024x768.jpeg\" alt=\"\" class=\"wp-image-6814\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347-1024x768.jpeg 1024w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347-300x225.jpeg 300w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347-768x576.jpeg 768w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347-400x300.jpeg 400w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9347.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9351-768x1024.jpg\" alt=\"\" class=\"wp-image-6811\" srcset=\"https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9351-768x1024.jpg 768w, https:\/\/blog.zhaw.ch\/sml-international\/files\/2019\/10\/IMG_9351-225x300.jpg 225w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Our day started with a company visit at Standard Chartered Bank. The bank focuses on the Asian and African market. The Presentation was opened by Dr. Michael Gorriz, Chief Information Officer, who explained more about the concept of Open Banking. Followed by Nitin Bhandari, Managing Director &amp; Global Head &#8211; APIs, Blockchain &amp; Platform Partnerships [&hellip;]<\/p>\n","protected":false},"author":503,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1567],"tags":[],"features":[],"class_list":["post-6809","post","type-post","status-publish","format-standard","hentry","category-fbl-study-trip-singapore-2019"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Day 2 - Future Business Leaders Study Trip Singapore 2019 - SML International Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.zhaw.ch\/sml-international\/day-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Day 2 - Future Business Leaders Study Trip Singapore 2019\" \/>\n<meta property=\"og:description\" content=\"Our day started with a company visit at Standard Chartered Bank. The bank focuses on the Asian and African market. The Presentation was opened by Dr. Michael Gorriz, Chief Information Officer, who explained more about the concept of Open Banking. 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