Finworld Technology Inks MOU With MMU To Drive Real-World Data Analytics

Bursa-certified digital investment solutions platform Finworld Technology has signed a Memorandum of Understanding (MoU) with Multimedia University (MMU). Using an intelligent platform of live industry data and analyses, the strategic partnership will equip future finance graduates with the relevant skills to thrive in the ever-evolving field of financial investment, banking, acquisitions, and asset management.

The collaboration will see Finworld providing full access to their stock market data analytics software suited for finance, business, and accounting students at MMU’s Faculty of Management. Through digital modules and guided tutorials, students will try their hand at opening trading accounts, trade analysis, and mastering the state of mind necessary to ply the stock market.

With this software, students will be able to learn directly from Finworld’s industry-backed solutions to real-world problems — particularly in the equities market — including fundamental, technical, big player, and quantitative analyses.

Simon Liau, Founder and CEO of Finworld Technology, said in a statement, “The global economy and stock market is now more dynamic than ever as we navigate a changed world of business.

Every industry is accelerating its use of new technology to stay ahead of the curve, and this especially applies in the world of financial investments. Through this partnership with Multimedia University, we aspire to translate the finance world into the classroom — priming Malaysia’s future talents with the practical skills, understanding, and competencies they require to excel in this competitive field.”

Under this partnership, MMU’s Cyberjaya campus will also be dedicating a computer laboratory with 30 desktops to provide business students with access to Finworld’s investment software.

Hand in hand, the sharing of university facilities, together with Finworld’s three-year consultancy and research grant of RM30,000, will give students the experiential learning they need to transform financial theory into professional practice. The research will primarily focus on the equities market and shariah-compliant investment in Malaysia.

“This collaboration between Finworld Technology and MMU is the means to an ambitious end: educating students with an immersive, real-world learning environment that replicates what they will face first-hand when they join the workforce,” shares Professor Dato Dr Mazliham Mohammad Su’ud, President and CEO of MMU.

“I am confident that the joint research and publications; corporate and technical training; student sponsorship and internships; and other relevant activities encapsulated by the MoU will all bolster our students’ confidence in navigating this complex financial landscape.”

As a digital financial services platform, Finworld provides its subscribers with access to detailed analytics of the Malaysian stock market that allows them to make informed investment planning and decisions. Designed to connect users with a dynamic network of information on the ever-evolving stock market, Finworld delivers up-to-date data on changes in share price movement and the financial results of listed companies.

Finworld is currently also collaborating with UCSI University, Tunku Abdul Rahman University of Management and Technology (TAR UMT), Universiti Tunku Abdul Rahman (UTAR) on similar initiatives, and is supported by Bursa Malaysia as a leader in digital financial and investment services. With their commitment to accessible education, Finworld was actively sponsoring laptops for students requiring financial assistance during the pandemic.

Moving forward, Finworld is pursuing further local and regional collaborations with various educational and industry partners to achieve its vision of transforming the finance industry.

Notably, Finworld will be publishing a novel saham investment book co-authored by Liau and Dr Ridzwan Bakar by Q2.

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