Richard Ng

Richard Ng Email and Phone Number

Blockchain and Digital Assets VP at UOB | CBDC | Asset Tokenisation | Blockchain | Web3 @ UOB
singapore, singapore
Richard Ng's Location
Singapore, Singapore, Singapore
About Richard Ng

My journey into the world of blockchain technology began with a simple yet profound realization: the traditional financial system, as robust as it is, could be transformed and enhanced by the innovative potential of blockchain. This epiphany ignited a passion within me, propelling me towards a mission to integrate blockchain technology into traditional finance (TradFi).From my early days at BGC Partners, where I streamlined complex financial workflows, to my current role as Vice President of Blockchain and Digital Assets at UOB, I have consistently pursued the advancement of blockchain solutions. At UOB, my team and I focus on Central Bank Digital Currencies (CBDCs), asset tokenization, and Web3 applications, aiming to enhance security, efficiency, and transparency within banking operations.One pivotal moment in my career was during my tenure at Pundi X Labs. Leading a team to manage validators and develop cross-chain solutions, I saw firsthand how blockchain could bring unparalleled improvements to financial systems. This experience reinforced my commitment to driving blockchain innovation in the TradFi world.Now at UOB, I am dedicated to exploring and implementing blockchain technology to unlock new opportunities and push the boundaries of traditional finance. My goal is to ensure UOB remains at the forefront of technological trends, setting new standards in the evolving landscape of digital assets.Blockchain technology holds the key to revolutionizing our financial system, and I am passionate about making that vision a reality, one innovative solution at a time.

Richard Ng's Current Company Details
UOB

Uob

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Blockchain and Digital Assets VP at UOB | CBDC | Asset Tokenisation | Blockchain | Web3
singapore, singapore
Website:
uobgroup.com
Employees:
13395
Richard Ng Work Experience Details
  • Uob
    Vice President Of Blockchain And Digital Assets
    Uob May 2024 - Present
    Singapore
    As a Blockchain and Digital Assets Specialist at UOB, I am dedicated to pioneering advancements in the financial sector through cutting-edge technologies. My role encompasses the development and implementation of blockchain solutions, focusing on Central Bank Digital Currencies (CBDCs), asset tokenization, and Web3 applications.I collaborate with a dynamic team of innovators to explore and integrate blockchain technology, enhancing security, efficiency, and transparency within banking… Show more As a Blockchain and Digital Assets Specialist at UOB, I am dedicated to pioneering advancements in the financial sector through cutting-edge technologies. My role encompasses the development and implementation of blockchain solutions, focusing on Central Bank Digital Currencies (CBDCs), asset tokenization, and Web3 applications.I collaborate with a dynamic team of innovators to explore and integrate blockchain technology, enhancing security, efficiency, and transparency within banking operations. Together, we aim to unlock new opportunities in the digital asset space, pushing the boundaries of traditional finance and contributing to UOB's strategic growth in the digital era.Our team's mission is to stay at the forefront of technological trends, ensuring UOB remains a leader in the evolving landscape of blockchain and digital assets. Show less
  • Nets
    Head Of Blockchain
    Nets Jul 2023 - May 2024
    Singapore
    • Proactively identified and pursued blockchain-related partnerships and projects, thereby contributing to BCS's growth and success.• Leading regular workshops and lunch-and-learn sessions on blockchain technology in collaboration with Human Capital Management (HCM) to drive technological awareness and understanding among the C-suite, commercial, and DTO teams. This ongoing training initiative has significantly enhanced comprehension of blockchain technology, fostered cross-departmental… Show more • Proactively identified and pursued blockchain-related partnerships and projects, thereby contributing to BCS's growth and success.• Leading regular workshops and lunch-and-learn sessions on blockchain technology in collaboration with Human Capital Management (HCM) to drive technological awareness and understanding among the C-suite, commercial, and DTO teams. This ongoing training initiative has significantly enhanced comprehension of blockchain technology, fostered cross-departmental synergies and promoted a collaborative mindset within the NETS Group.• Designed and implemented a robust name-addressing scheme for Project Orchid, utilizing a node-based (byte32 hash) system to retrieve merchant-related information, improving user accessibility and simplifying transactions.• Successfully integrated the name-addressing scheme into Purpose Bound Money (PBM) smart contracts, enabling advanced filtering capabilities based on merchant information such as Merchant Category Codes (MCCs), enhancing the utility and control of PBM, ensuring funds are utilized according to predefined purposes. Show less
  • Pundi X
    Blockchain Lead Developer
    Pundi X Jan 2023 - Jul 2023
    Singapore, Singapore
    • Designing a platform offering synthetic products and yield farming vaults and built a cross-chain bridge to square off positions on various DEXes.• Managing a team to serve as the technical support and product leads for community validators, troubleshooting technical issues and drafting technical documents to address feature requests.• Leading a team of Devops engineers managing validators on various chains like Function X, ensuring that these validators are running on the latest… Show more • Designing a platform offering synthetic products and yield farming vaults and built a cross-chain bridge to square off positions on various DEXes.• Managing a team to serve as the technical support and product leads for community validators, troubleshooting technical issues and drafting technical documents to address feature requests.• Leading a team of Devops engineers managing validators on various chains like Function X, ensuring that these validators are running on the latest software, maintaining a 100% uptime and actively participating in governance.• Authored and actively managing Gitbook technical documents for f(x)Core and PundiX.• Designed and programmed account analytics tools to track fund movements and account propagation patterns. Show less
  • Pundi X
    Blockchain Developer
    Pundi X May 2021 - Jan 2023
    Singapore
    • Programmed a report to track validators’ withdrawn and outstanding commissions and rewards.• Designed the Ecosystem Genesis Fund programme and is acting as a gatekeeper for it.• Leading the enhancement of all internal processes and development roadmaps to be made public for greater transparency and to eliminate duplicate workflows.• Designed and launched a liquidity farming incentive for PUNDIX-ETH liquidity providers on UniswapV3.• Successfully created an orderbook aggregator… Show more • Programmed a report to track validators’ withdrawn and outstanding commissions and rewards.• Designed the Ecosystem Genesis Fund programme and is acting as a gatekeeper for it.• Leading the enhancement of all internal processes and development roadmaps to be made public for greater transparency and to eliminate duplicate workflows.• Designed and launched a liquidity farming incentive for PUNDIX-ETH liquidity providers on UniswapV3.• Successfully created an orderbook aggregator to poll orders from various DEXes and CEXes and developed an arbitrage bot for liquidation of cryptocurrency assets across the various exchanges. Show less
  • Bgc Partners
    Associate (Fenics Product Specialist)
    Bgc Partners May 2019 - Aug 2020
    Singapore
    • Solved key issues faced by front office desks in Asia Pacific by working with software developers to enable all trades to be booked in front office systems and workflow processes to be shortened through automation, saving the firm an estimated $2,000,000 per year.• Conducted analysis across products and brands in Asia Pacific to develop and strategise ways to boost the firm’s electronic revenue and successfully identify desks with the potential to adopt electronic… Show more • Solved key issues faced by front office desks in Asia Pacific by working with software developers to enable all trades to be booked in front office systems and workflow processes to be shortened through automation, saving the firm an estimated $2,000,000 per year.• Conducted analysis across products and brands in Asia Pacific to develop and strategise ways to boost the firm’s electronic revenue and successfully identify desks with the potential to adopt electronic solutions.• Collaborated with various stakeholders such as the compliance team, software developers and senior management to develop platforms for the Liquified Natural Gas, Korean Interest Rate Swaps, Hong Kong Bonds and Iron Ore desks.• Devised a strategy with the technical support team and brokers to recover more than $50,000 worth of electronic trades that were incorrectly booked as voice trades. Show less
  • Bgc Partners
    Management Associate Program
    Bgc Partners Aug 2018 - May 2019
    Singapore
    • Gained broad exposure to the commodities, interest rates and foreign exchange markets and built strong partnerships with clients through the Graduate Trainee Programme rotations• Developed and programmed excel sheets to automate daily processes such as day counts, trade tracking, report generation and credit limit notifications between banks, achieving time savings of at least 10 man-hours per day• Conducted order execution and post trade settlements, collated market levels for London… Show more • Gained broad exposure to the commodities, interest rates and foreign exchange markets and built strong partnerships with clients through the Graduate Trainee Programme rotations• Developed and programmed excel sheets to automate daily processes such as day counts, trade tracking, report generation and credit limit notifications between banks, achieving time savings of at least 10 man-hours per day• Conducted order execution and post trade settlements, collated market levels for London and successfully executed electronic trades and closed deals as a secondary broker Show less
  • Kristal.Ai
    Quantitative Finance Analyst
    Kristal.Ai May 2016 - Dec 2016
    120 Robinson Road
    • Conducted back testing using various technical analysis strategies on multi-asset portfolios and identified positive returning strategies to be formulated and added on to the platform• Assisted in the designing of the online platform, the coding of the back-testing system and the marketing of the company, enabling the firm to meet its soft launch deadline
  • Aggregate Asset Management
    Summer Intern
    Aggregate Asset Management May 2015 - Jul 2015
    Singapore
    • Performed financial analysis on the report “OSK-DMG’s selection of small cap jewels for 2010” to assess if the portfolio outperformed the market before carrying out financial forecasting and making an investment decision• Analysed Genting Singapore PLC and recommended a sell position at prevailing market price, preventing the fund from suffering a loss of 13% on its holding of Genting Singapore PLC
  • Singapore Armed Forces (Saf)
    Infantry Officer
    Singapore Armed Forces (Saf) Mar 2013 - Mar 2014
    • Supervised vocation trainings• Carried out investigations and conducted meetings on development of Training Institute

Richard Ng Education Details

Frequently Asked Questions about Richard Ng

What company does Richard Ng work for?

Richard Ng works for Uob

What is Richard Ng's role at the current company?

Richard Ng's current role is Blockchain and Digital Assets VP at UOB | CBDC | Asset Tokenisation | Blockchain | Web3.

What schools did Richard Ng attend?

Richard Ng attended Singapore Management University, Singapore Polytechnic, Raffles Institution.

Who are Richard Ng's colleagues?

Richard Ng's colleagues are Victor Tan, Goh Wen Qiang, Caroline Deviyanti Tarya, She Mhin Lim, Malessa Razak, Shona Ho, Pik Ying Chong.

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