On 19 Sep 2016, the founding of HedgeSPA was described by Forbes:

HedgeSPA grew out of Bernard Lee’s PhD dissertation at the Imperial College London. After taking up an academic appointment at the Singapore Management University, he won a grant from the Prime Minister’s Office to start HedgeSPA. The company has expanded on his research and made its analytics available through the cloud.

Original link: http://www.forbes.com/sites/tomgroenfeldt/2016/09/19/accentures-hong-kong-fintech-lab-look-to-assist-not-supplant-financial-firms/#30d380d6e285