SINGAPORE, Nov. 18, 2016 /PRNewswire/ -- AGDelta, the leading provider of Digital WealthTech/RegTech Solutions, announced today that the Singapore Israel Industrial R&D Foundation (SIIRD) has awarded a significant R&D Grant to a joint-venture between Singapore head-quartered AGDelta and Israeli based FinTech, BondIT. The collaboration will leverage AGDelta's award winning Digital advisory, Compliance & Multi-Asset Order-Execution solutions and BondIT's excellence in asset allocation, portfolio optimisation engine, rich analytics and machine-learning algorithms to jointly provide a Robo-assisted wealth platform. The platform will support tailored customised portfolios based on preferences and market conditions to maximise investment returns while minimising risks. Unlike other Robo-advisory initiatives to date, this platform will combat the regulatory compliance and cyber-security challenges that the banks and regulated wealth managers have faced in launching similar platform offerings to clients. Andrew Au, AGDelta's CEO, remarked, "We are tremendously appreciative to SIIRD for its support of innovation to the Financial Services industry. My team and I are very pleased to partner with BondIT in delivering a state-of-the-art Robo-assisted Digital Wealth platform that not only caters for the immense practical challenges private and retail banks face with regulation and security but also improving customer service levels." Mr Chan Eng Chye, GM, SIIRD,added, "We are very pleased to support AGDelta and BondIT, as exemplary examples of Fintechs' in Singapore and Israel, to deliver innovative solutions to the wealth management industry. This is the first grant given by SIIRD to a Fintech related R&D project and is indicative of the importance they are having in the financial services eco-system."