23 June 2018
Visit www.gemalto.com

Thai depository implements post-trade platform

22 October 2007  |  1954 views  |  0 Source: Thailand Securities Depository Co.

After four years of development, Thailand Securities Depository Co., Ltd. (TSD) now (from October 22 on) provides post-trade services on its Post-Trade Integration (PTI) system. With the PTI system, equity depository, clearing and settlement and registrar operations are automatically linked. The infrastructure boosts service efficiency and, as it meets international standards, can handle overseas connections.

"TSD's program has involved system development, technology selection, training and three times of industry-wide testing with 88 securities and custodian firms. The project, which began in 2003, has produced essential infrastructure for the capital market - able to cope with a turbulent and complicated business environment. The integration of post-trade services will boost efficiency by cutting work processes, time and expense," TSD Chief Executive Officer Ms. Sopawadee Lertmanaschai said.

Securities and custodian firms that are direct users of the PTI system will have access to real-time information and features which will can efficiently and automatically cope with system-to-system connection among brokers. Furthermore, listed companies that use TSD's securities registrar service will receive quicker and better service because using the internet slashes paperwork, handling and time.

"The PTI system is a major achievement for TSD, and is due to the perseverance and cooperation of many related parties. The depository will continue to improve the system, so as to make it more comprehensive and beneficial for all concerned," Ms. Sopawadee concluded

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit iliad-solutions.com/

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
26184 views comments | 7 tweets | 8 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
9072 views comments | 10 tweets | 17 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
8370 views comments | 18 tweets | 23 linkedin
hands typing furiouslyArtificial Intelligence at the changing fa...
7215 views 0 | 10 tweets | 5 linkedin
Visa says 5.2m payments failed during 10 hour outageVisa says 5.2m payments failed during 10 h...
6246 views comments | 14 tweets | 10 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job