Singaporean lender DBS has launched an in-house digital training institute in a bid to empower its technology team of nearly 5,000 people for the future.

Dubbed DBS Future Tech Academy, the institute aims to develop a learning ecosystem that will leverage external experts as well as content and certifications developed within the bank.

DBS Group chief information officer Jimmy Ng said: “Having our own DBS Future Tech Academy gives us the agility to adapt our training curricula according to the bank’s needs and enables us to stay ahead of the massive changes around us.”

The institute will initially focus on three technology disciplines, namely Site Reliability Engineering or SRE, Data Processing and Analytics, and Application Security.

DBS said it will identify more programmes to cover other major technology domains during this year.

Additionally, the bank said that it will collaborate with technology-focused digital learning libraries such as O’Reilly and Pluralsight to help its technologists to obtain salient skills in a “just-in-time manner”.

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The initiative is expected to allow DBS employees to attain the latest technology skillsets and apply it in the relevant technology projects being launched by the bank.

Besides, DBS Future Tech Academy will offer skills certification programmes to 200 trainees as part of its commitment to grow the technology talent pool in Singapore. They will also be given free access to digital learning libraries.

Ng said: “With digital trends and adoption set to accelerate in the next normal, technology will continue to be a core driver of change in the way we live, work, and play. Growing the pool of technology talent in Singapore will place the country in good stead as we respond to the disruptions ahead.”

In September last year, DBS unveiled that it is leveraging artificial intelligence (AI) and information analytics in an effort to bolster its intelligent banking capabilities across digital banking services.