- 1.Singapore Exchange Update STP of Corporate Announcements and
PTS Implementation Tinku Gupta, Senior Vice-President, Head of
Market Data & Access Nico Torchetti, Senior Vice-President,
Head of Post Trade Services SWIFT Business Forum 9 July 2014 SGX
The Asian Gateway
2. SGX The Asian GatewaySGX The Asian Gateway Milestones 1
20162014 20152013 Customer centric product design Engaging
Stakeholder Communities: Issuers, Investors, Brokers, Custodians,
Vendors, SWIFT etc. STP of Corporate Announcements Re-launch of
SGXNet Issuer Announcement Portal & SGXNews Corporate
Announcement News Service Ease of access to clearing Provision of
APIs, SWITFNet Connectivity New & Enhanced products and
services Automation of corporate action processing, Multi-currency
& multi asset capabilities 3. SGX The Asian Gateway The New
Issuer Announcement Portal 2 We are on a journey to bring a new
level of efficiency and transparency to our market participants....
4. SGX The Asian Gateway The New Corporate Announcement News
Service 3 offering Issuers the ability to convey information using
a global standard which is instantly delivered to the Investors
exactly as it had been entered at the source. 5. SGX The Asian
Gateway The Submission & Dissemination Process 4 Education
Standardisation Dissemination SGXNet Issuer submits corporate
announcements by entering data into a structured forms Chooses one
of the 78 pre-defined announcement templates Gets ongoing education
and 24x7 support on form filling and queries. SGX Message Broker
SGX transforms screen data to standard message formats Creates
individual packages depending on the subscriber. Data quality team
monitors quality of submission and hand-holds issuers. SGXNews
ISO15022 Messages via SWIFTNet ISO20022 via XML Feed Non-ISO
announcements via SGX proprietary XML SGX Website 6. SGX The Asian
Gateway Custodian Banks & Depository Agents Global Market
Standard Bodies SMPG / NMPG Collective Engagements SGX Data Quality
Team Issuers 2014 and beyond 5 SGX is reaching out to all Issuers
to educate them on how to submit good corporate announcements,
based on feedback provided by SMPG, individual DAs and also our
Data Quality Team We are on a Continuous Improvement journey SGX
Data Quality Team analyses all corporate announcements, &
checks for accuracy and quality 2014 Milestone Achieved The New PTS
Our next STeP 7. SGX The Asian Gateway SGXNews Issuer to Investor
[Video] 6 8. SGX The Asian Gateway SGX Post Trade System
Infrastructure 7 Existing Post Trade System (PTS) and the Client
Accounting System (CAS) purpose built to support domestic
securities brokers. Back Office and Client Accounting system for
Members fully integrated in end to end exchange processing. All
maintenance of client details, client accounts, fees / commissions
and post trade processing etc managed through CAS. Full back office
processing platform with wide range of reporting capabilities
including contract notes. Start of journey 9. SGX The Asian Gateway
System Infrastructure Drives Service Orientation 8 System
Infrastructure Operational Process Flow Service Proposition 10. SGX
The Asian Gateway SGX New Post Trade System (PTS) Timeline 9 New
PTS Phase 2 and beyond New PTS Phase 1 Today July 2014 May 2015 May
2016 Client Accounting System (CAS) Tightly integrated Post Trade
System environment Requirement for multiple back-office systems for
(most) members Provision of Open API SWIFTNet Connectivity Improved
TPC Servicing Improved Account Operator capabilities Replacement of
current PTS Adoption of International standards Framework changes
New and enhanced products & services Additional settlement runs
Automation of corporate action processing Transparency to brokers
on account balances Multi-currency & multi asset capabilities
T+2 settlement Cross-border linkages Readiness for: 11. SGX The
Asian Gateway New Post Trade System Benefits 10 Streamlined
Operational Processes and Straight-Through-Processing Capabilities
Reduced Operational Risk through Streamlined Processes Lower
Operating Costs for Members Full Integration of Front and Back
Office Systems for Members Better Data Management and Risk
Management Capabilities Greater Control over Operational Processes
Enhanced Post Trade Service Proposition for (Retail) Investors
System Capability for Online Services 12. SGX The Asian Gateway New
Post Trade System Benefits (cont.) 11 Wider Range of Post Trade
Services for Members Adoption of International Best Market
Practices and Standards ISO20022 Issuer To Investor Initiative Post
Trade Settlements (and Corporate Actions) Facilitate Different Back
Office Business Models for Members Third Party Clearing / Account
Operator Lower Cost of Entry to Singapore Market Including support
for Remote Trading 13. SGX The Asian Gateway or the end of the
journey. Provide Flexibility for all members and participants of
SGX Existing members connected via API Lower cost of entry for
potential / future members More vibrant and diverse Market Place
Robust Collateral Management Services More liquid Securities
Lending Program Regional / Global Post Trade Connectivity
Conclusion 12 14. SGX The Asian GatewaySGX The Asian Gateway This
presentation is being made available to certain authorized
recipients for their general information only. While SGX and its
affiliates have taken reasonable care to ensure the accuracy and
completeness of the information provided in this presentation, they
will not be liable for any loss or damage of any kind (whether
direct, indirect or consequential losses or other economic loss of
any kind) suffered due to any omission, error, inaccuracy,
incompleteness, or otherwise, any reliance on such information.
Neither SGX nor any of its affiliates shall be liable for the
content of information provided by or quoted from third parties.
Examples provided are for illustrative purposes only. The
information in this presentation is subject to change without
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prior written permission of SGX. SGX and its affiliates disclaim
all responsibility and liability arising in connection with any
unauthorised recirculation, transmission or distribution of this
presentation or any part thereof. SGX Ltd, November 2010
www.sgx.com Thank You 13