Interview with the Winner of the SwissCham Digital Transformation Award: Bizzi


Interview with the Winner of the SwissCham Digital Transformation Award: Bizzi

In 2021, SIX was the proud sponsor of the Digital Transformation (DX) Award for the subcategory Financial Services. The Award was organized by the Swiss Chamber of Commerce in Singapore (SwissCham Singapore) in collaboration with Deloitte.

Innovation and transformation form part of our DNA so we were delighted to support such an award and to meet like minded people and companies. Let’s hear more about the DX Award and the collaboration with SwissCham Singapore from Lukas Conrad, Regional Head Securities Services APAC, SIX – and our representative in the DX Award Jury.

“Wow, what a great event and a fantastic collaboration between SwissCham Singapore, Deloitte and all Jury members. This is a great initiative as we, all the contestants as well as SIX are here to drive the transformation of financial markets and shape the digital future. We were honored to be part of this initiative and to see the top ambitions of the companies domiciled in the ASEAN region.

For the subcategory Financial Services we almost received a double digit number of applications from various countries across ASEAN. The first step was to evaluate all applications and to shortlist the three companies that should go into the final. It was not easy as each contestant showed its unique and important digital transformation potential. But we, the Jury of this Award, had a precise set of rules and categories to rate all the applicants. Just to name a few: the value proposition, the digital strategy as well as the core technology were taken into consideration. Based on this and on the great results achieved on the last public pitching night it was finally decided that Bizzi overall performed as No. 1. Congratulations!

Bizzi’s raison d’être, their clear initiative and  the solution they built are outstanding. This combined with the results of the  public voting helped us select Bizzi as the winner of the Financial Services subcategory.

Before we hear more about Bizzi’s experience at the DX Award contest I would like to encourage companies in the ASEAN region to register and to participate in coming editions of this DX Award, to share with the world their innovative solutions.”

I would like to encourage companies in the ASEAN region to register and to participate in coming editions of the Digital Transformation Award organized by SwissCham Singapore, to share with the world their innovative solutions.

Lukas Conrad, Regional Head Securities Services APAC, SIX

Now let’s hear more about the DX Award experience from the winner of the Digital Transformation Award 2021, Financial Services subcategory. Vince Vu, CEO at Bizzi will tell us more.

What did you enjoy most from the whole experience with the Digital Transformation (DX) Award organized by the Swiss Chamber of Commerce Singapore?

I think the most enjoyable experience is the chance to exchange new and bold initiatives with experts and fellows in SEA region.  I was inspired to learn that digital transformation innovations happening in companies at different sizes and industries.

Could you share a short summary of what your winning digital transformation project was about? What problem does it solve?

We are humbled that Bizzi, a young Vietnamese start-up, is starting to gain regional recognition. Bizzi was founded to solve a huge pain point in the industry - manual accounting. This  is not only time-consuming but prone to errors as well. Our solution based on robotic processes, automation technology and machine learning cuts invoice processing time by 80% and processing cost by 50%, while increasing transparency and tax compliance at the same time. Bizzi aspires to accelerate digital adoption and digital transformation in finance teams for tangible, measurable business benefits.

As the winner for our sponsored subcategory, how excited are you to work together with SIX on any existing or upcoming digital transformation projects?

We are grateful for the trust and support from SIX. As Bizzi plans to expand regionally, I see many potential opportunities to learn and collaborate with SIX for future endeavours, to contribute to the future of finance in the region.

SIX would like to thank everyone at SwissCham Singapore and Deloitte who did a tremendous job in order to make this edition of the DX Award happen. At the same time we would also like to thank the contestants for taking this opportunity and joining the contest, a big thank you to all the companies for their efforts.

We wish all the different firms we encountered during the event, best of luck in their digital transformation projects and we look forward to hearing about their successes.

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