Post by account_disabled on Jan 2, 2024 3:49:03 GMT
The Stock Exchange joins hands with "Clearstream", a world-class international securities depository in the German stock exchange group. Connect to the mutual fund system of the Stock Exchange. "FundConnext" fits Clearstream's "Vestima" system. Give Thai people the opportunity to invest in the world's leading mutual funds more easily and conveniently. It is also a channel for overseas investors in more than 50 countries to access Thai mutual funds managed by Thai investment management companies through international payments with Standard Chartered Bank (Thailand) Public Company Limited by connecting between Two systems use the international standard ISO 20022 for the first time in Thailand, starting 23 Sept.
Mr. Phakorn Peetathawatchai, Director B2B Email List and Manager Stock Exchange of Thailand revealed that the central platform for mutual funds, the FundConnext system, which has been serving Thai mutual funds since 2016, has begun connecting with the Vestima system, the global fund trading platform of Clearstream Banking S.A., from September 23, 2019, to promote Make it easier for investment funds to enter and exit Thailand in a borderless world, with (1) money from foreign investors from more than 50 countries investing in more than 1,400 Thai mutual funds with a total value of more than 4.01 trillion baht and (2 ) Thai people will have the option to invest in world-class funds conveniently through an automatic connection system.
It's no different from investing in Thai mutual funds. "The Stock Exchange Committed to developing capital market infrastructure, opening up the world of borderless investment and fully enter the digital era for people to access investment conveniently and confidently with an efficient system. Moreover, this is the first system in Thailand that uses the ISO 20022 standard, which is an international standard that financial institutions around the world use to communicate with each other," Mr. Phakorn said. Mr. Bernard Tunker, Director of Mutual Fund Services, Clearstream Banking Company Limited, revealed that Clearstream's platform currently has more than 190,000 funds worldwide.
Mr. Phakorn Peetathawatchai, Director B2B Email List and Manager Stock Exchange of Thailand revealed that the central platform for mutual funds, the FundConnext system, which has been serving Thai mutual funds since 2016, has begun connecting with the Vestima system, the global fund trading platform of Clearstream Banking S.A., from September 23, 2019, to promote Make it easier for investment funds to enter and exit Thailand in a borderless world, with (1) money from foreign investors from more than 50 countries investing in more than 1,400 Thai mutual funds with a total value of more than 4.01 trillion baht and (2 ) Thai people will have the option to invest in world-class funds conveniently through an automatic connection system.
It's no different from investing in Thai mutual funds. "The Stock Exchange Committed to developing capital market infrastructure, opening up the world of borderless investment and fully enter the digital era for people to access investment conveniently and confidently with an efficient system. Moreover, this is the first system in Thailand that uses the ISO 20022 standard, which is an international standard that financial institutions around the world use to communicate with each other," Mr. Phakorn said. Mr. Bernard Tunker, Director of Mutual Fund Services, Clearstream Banking Company Limited, revealed that Clearstream's platform currently has more than 190,000 funds worldwide.