SC PART­NERS MIMOS ON BIG DATA PLAT­FORM

The Sun (Malaysia) - - SUNBIZ -

KUALA LUMPUR: The Se­cu­ri­ties Com­mis­sion Malaysia (SC) yes­ter­day signed a mem­o­ran­dum of un­der­stand­ing with Mimos, the coun­try’s re­search and development cen­tre in ICT, to jointly de­velop a cap­i­tal mar­ket ad­vanced an­a­lyt­ics plat­form. By col­lab­o­rat­ing with Mimos, the SC will be able to lever­age on new tech­nol­ogy to process a higher vol­ume of data be­yond the tra­di­tional data sets, fa­cil­i­tate the us­age of RegTech or tech­nol­ogy to en­hance reg­u­la­tory ef­fec­tive­ness, and build Malaysia’s big data ca­pa­bil­ity in the cap­i­tal mar­ket.

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