SGX partners with fintech firm to launch cloud network for listed companies

Companies will be soon be able to communicate with analysts and investors, monitor sentiment, and compare industry performance.

A partnership between the Singapore Exchange (SGX) and fintech firm Smartkarma will roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities.

According to a statement, listed companies will be able to communicate with analysts and investors, monitor sentiment, compare industry performance, and benchmark instantly against peers.

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SGX and Smartkarma noted that this is the first collaboration between Smartkarma and an exchange that will, for the first time, bring analysts, investors and listed companies into one network. “Smartkarma and SGX are inviting C-level executives and investor relations professionals of SGX-listed companies to join the C-Suite Pilot Program to provide their input and feedback, with the objective of gaining a better understanding of local requirements and use cases specific to this market,” two said.

SGX equities and fixed income head Chew Sutat 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. We welcome this initiative by Smartkarma to build a solution that raises the profile of our listed companies amongst investors and analysts.”