SGX commissions feasibility study on IT consolidation

SGX commissions feasibility study on IT consolidation

Singapore Exchange Ltd (SGX) is to issue Request for Information (RFI) documents to external vendors, as part of an investigation into the feasibility of consolidating its technology operating systems.

The move is part of a broader study currently being undertaken by the exchange to review its technology plan, in support of creating a fully integrated trading, clearing and settlement facility for both equities and derivatives products.

Thomas Kloet, CEO of SGX, comments: "This is a first step towards exploring the available options for a technology infrastructure that will consolidate our various clearing and trading platforms."

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