Financial Services Industry Transformation Map 2025

The refreshed Financial Services Industry Transformation Map (ITM) 2025 sets out MAS’ growth strategies to further strengthen Singapore’s position as a leading international financial centre in Asia. 

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Infographics for Financial Services Industry Transformation Map 2025 

  

Vision

Anchor Singapore as a leading international financial centre in Asia that:

Connects global markets

Supports Asia’s development

Serves Singapore’s economy

Key Strategies

Enhance Asset Class Strengths

Deepening capabilities in key asset classes to enhance Singapore’s financial centre value proposition

Digitalise Financial Infrastructure

Harnessing technology to encourage the development of new business models, enhance operational efficiencies, and enable financial access and inclusion 

Catalyse Asia’s Net-Zero Transition

Leveraging the financial services sector’s ability to deploy capital for a greener future for Asia

Shape the Future of Financial Networks

Building an innovative and responsible digital asset ecosystem

Foster a Skilled and Adaptable Workforce

Developing a strong Singapore workforce complemented by high quality global talent

Growth Targets

On average, the financial services sector is projected to grow by:

4.0% - 5.0%

value-added growth

per annum

3,000 - 4,000

net jobs created

per annum

Past Performance 

The Financial Services ITM was first launched in 2017, with a strong focus on innovation and technology adoption, and developing a world-class workforce. 

Read more about the progress made over the years