NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Ideanomics (formerly: Seven Stars Cloud Group, Inc.) (NASDAQ:SSC) ("Ideanomics" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, is pleased to announce the naming of Ms. Kate Lam as Managing Director of Digital Products.
Bruno Wu, Chairman and Co-CEO of Ideanomics said: "Kate is a well-recognized industry leader having worked with almost every major financial institution and technology firm over her career. Kate will continue to expand our asset digitization offerings to deliver new revenue channels, participate in new value chains, and provide a complete digital portfolio of intelligent financial asset backed products using Ideanomics AI and blockchain powered innovation."
Kate Lam brings more than 25 years of financial markets experience in marketing multiple asset classes to institutional investors across Asia and the US. She was the CEO of the broker dealer arm of a structured financing startup and helped integrate compliance and regulatory requirements onto the platform. Prior to joining the fintech world, Kate held senior sales management positions at various investment banks such as Deutsche Bank, Bear Stearns and Standard Chartered Bank. Throughout her career in the US and Asia, she ran high performing cross border sales teams within emerging debt capital markets, foreign exchange, and US fixed income products. She supervised sales teams within the largest and fastest growing Asian markets, including China, Hong Kong, Taiwan, Singapore, Japan, and South Korea.
"The leading edge of innovation in Capital markets uses Blockchain, AI, and top tier fintech solutions; that is why I am excited to be part of the team at Ideanomics," said Ms. Lam. "Bringing new digital products to market under these new technologies is revolutionary as digital innovation continues to disrupt the marketplace."
Ideanomics continues to secure strategic, long-range technology licensing agreements, that are in line with the Ideanomics' 4+2+1 strategy to drive growth across its core product areas which are 1) Fixed Income-based Financial Digital Assets, 2) Consumer Tech Digital Assets, 3) Commodity and Energy Digital Assets, and 4) TradeTech Digital Assets.
Ideanomics is continuing to become one of the most prominent global digital asset providers. Relying on its core base of fintech and digital asset production and services-based ecosystem enablement, Ideanomics is committed to delivering the best digital assets via the best underlying technology. This approach will drive capital formation and sales across our digital asset ecosystems.
Ideanomics customizes its technology platform for various business use cases, operates the Platform-as-a-Service (PaaS), and partners with businesses that deliver core digital asset products.
Ideanomics is focused on delivering a global multi-layer technology infrastructure ecosystem that issues, trades, and settles digital asset transactions. It will leverage direct sales channels and automated sales systems via digital asset exchange platforms which is inclusive of decentralized exchanges to realize digital asset distribution, social media, traditional regulated broker dealer network as well as institutions as direct clients.
Ideanomics continues to drive growth and deal flow in its core product areas:
1) Fixed Income-based Digital Assets [Chinese National Electric Bus Financing Agreement, First Auto Loan Financing Agreement, IHT- Real Estate JV]
2) Consumer Tech Digital Asset [Grapevine acquisition]
3) Commodity and Energy Digital Assets [BBD Digital Capital Group]
4) TradeTech Digital Assets [Asia-Pacific Model Electronic Port Network (APMEN) JV]
Safe Harbor Statement
This press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Federico Tovar, CFO at Ideanomics
Tony Sklar, VP of Communications at Ideanomics
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