13 December 2017
visit www.solutions.lexisnexis.com

SIX Financial Information wins Singapore compliance contract

06 November 2012  |  1246 views  |  0 Source: SIX Financial Information

AmFraser Securities, CIMB Securities (Singapore), DMG and Partners Securities, Lim & Tan Securities, Phillip Securities and UOB Kay Hian have subscribed to a compliance solution by SIX Financial Information.

The solution enables the member firms to tag foreign listed instruments accurately and in accordance with new requirements. The Monetary Authority of Singapore released an update to its Notice for Sale of Investment Products (SFA 04-N12) on 1st January 2012. The Notice requires anyone dealing in securities, trading in futures contracts and/or leveraged foreign exchange trading to classify foreign instruments listed on Foreign Exchanges into Excluded Investment Products and Specified Investment Products.

The Securities Association of Singapore (SAS) tailored compliance solution was launched on 1 October and is based on the Valordata Feed (VDF) database the world's first and only fully structured and encoded financial data feed. VDF has a history of providing compliance solutions globally and has helped clients comply with market conventions and regulatory requirements for over 15 years.

Paul Bollhalder, Managing Director of SIX Financial Information Singapore said, "We are proud to have been chosen as the preferred financial information provider by six out of nine SAS member firms. This cooperation enables the brokering community in Singapore to access our comprehensive data services and further strengthens our presence in the Asian market." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.atos.netvisit www.aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11904 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8968 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7286 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7174 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6993 views comments | 20 tweets | 11 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job