Singapore Brokers Tap Dion for Post-Trade Processing

singapore-and-merlion
Singapore brokers to implement post-trade processing solution from Dion.

A consortium of four Singapore brokers has signed up for Dion Global Solution's post-trade processing technology on a centralized hosted deployment model.

AmFraser Securities, CIMB Securities, DMG & Partners Securities, and Lim & Tan Securities hope Dion's NOVA software can improve risk management capabilities and facilitate growth.

"The hosted NOVA solution gives us a robust operational foundation on which to build, and this means we can focus on driving expansion and on developing innovative products and services to support clients, says Cheng Khin Tin, executive director of Lim & Tan Securities and deputy chairman of the Securities Association of Singapore.

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