SC PARTNERS MIMOS ON BIG DATA PLATFORM

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.