SGX partner with Smartkarma
12 March 2018 Singapore
Image: Shutterstock
The Singapore Exchange (SGX) and Smartkarma have teamed up to launch a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities.
The new C-Suite pilot programme, allows listed companies to communicate with analysts and investors, monitor sentiment, compare industry performance, and benchmark instantly against peers, which will enhance investors’ understanding of and accessibility to these companies.
SmartKarma and SGX are inviting C-level executives and investor relations professionals of SGX-listed companies to join the C-Suite Pilot programming to provide their input and feedback, with the objective of gaining a better understanding of local requirements and use cases specific to this market.
Chew Sutat, head of equities and fixed income, SGX, said: “The global investment research landscape is fast evolving with the emergence of self-directed and independent research, as well as new regulations resulting in a reduction in investment coverage by financial institutions.”
Raghav Kapoor, Smartkarma CEO, added: “[The platform] is coming at a time when banks and brokers are downsizing research desks due to regulation and cost constraints, resulting in a decline in the depth and breadth of coverage of certain stocks, assets and sectors. C-Suite addresses this need in the market, strengthening information flows in a second Markets in Financial Instruments Directive compliant way.”
The new C-Suite pilot programme, allows listed companies to communicate with analysts and investors, monitor sentiment, compare industry performance, and benchmark instantly against peers, which will enhance investors’ understanding of and accessibility to these companies.
SmartKarma and SGX are inviting C-level executives and investor relations professionals of SGX-listed companies to join the C-Suite Pilot programming to provide their input and feedback, with the objective of gaining a better understanding of local requirements and use cases specific to this market.
Chew Sutat, head of equities and fixed income, SGX, said: “The global investment research landscape is fast evolving with the emergence of self-directed and independent research, as well as new regulations resulting in a reduction in investment coverage by financial institutions.”
Raghav Kapoor, Smartkarma CEO, added: “[The platform] is coming at a time when banks and brokers are downsizing research desks due to regulation and cost constraints, resulting in a decline in the depth and breadth of coverage of certain stocks, assets and sectors. C-Suite addresses this need in the market, strengthening information flows in a second Markets in Financial Instruments Directive compliant way.”
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