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ETDA, SEC and 8 other agencies partner to support digital tech

Image Credits: ETDA, Press Release

According to a recent press release, a Memorandum of Understanding (MOU) was signed to establish a collaboration between The Office of the Securities and Exchange Commission (SEC) and nine major digital agencies of the country.

These agencies were the Ministry of Digital Economy and Society (DE), the Digital Government Development Agency (DGA), Electronic Transactions Development Agency (ETDA), Digital Economy Promotion Agency (DEPA), King Mongkut’s Institute of Technology Ladkrabang (KMITL), CMKL University, ASEAN Chief Information Officer Association (ACIOA), Information systems security Association (TISA) and the Association of Information systems Audit and control (ISACA).

The parties will work together to develop the capital market to the SEC and the transition to the digital age. Grilled concrete

The Permanent Secretary for Digital Economy and Society stated that it is ready to support the SEC in issuing policies to supervise and operate digital law laws. To allow transactions in the Thai capital market to support such laws as well as creating digital leaders for SEC and supervisory personnel

The SEC Secretary-General said the SEC will supervise and develop the Thai capital market to be in line with the digital development plan for the economy and society. This will enable stability, prosperity and sustainability of Thailand particularly the development of digital technology which has a great influence on people’s lives and operations of the business sector today

The MOU will focus on bringing digital technology to help drive the capital market, facilitate the business sector and enabled public access to the capital market and create knowledge on fundraising and investment for people.

In addition, it will focus on developing a security system, cybersecurity as well as enhancing the performance of the SEC in order to keep up with and support rapid changes in the digital age.

The ETDA will cooperate on promoting the capital market in Thailand using digital technology to increase the competitiveness of entrepreneurs. This includes the creation of readiness and the environment in applying modern digital technology to facilitate the operation of operators to ensure security aimed at raising the level of service to consumers.

The DGA will be responsible for formulating strategies, policies and plans as well as developing practices that are in line with digital technology laws. In addition, it will work on expanding the capital market service to the public and develop the potential of services and operations in the capital market through tools and digital channels so that they comply with government policies and digital development plans for economy and society

The Digital Economy Promotion Agency (DEPA) will promote and support the development of channels that enable enterprises (especially SMEs) to access the Thai capital market. Moreover, it will aid SMEs and industry sectors in transitioning to digital age via the development and training of the ability to increase the capacity for digital leaders.

King Mongkut’s Institute of Technology Ladkrabang (KMITL) and CMKL University (CMKL) will jointly promote academic knowledge regarding digital technology for capital market personnel. They will promote research related to the capital market and supporting scholarships for students plan to work in the field of technology to develop the Thai capital market. CMKL will work to engage and exchange knowledge foreign institutions; for example, Carnegie Mellon – a leader in the field of data analytics and creating a readiness to maintain cybersecurity.

ASEAN Chief Information Officer Association (ACIOA) will work to develop and train talent to increase the capacity of digital leaders. This will be done in many ways including cooperating with agencies in ASEAN through the association network.

The Information Systems Security Association (TISA) will supervise the implementation of digital technology, making sure it is used safely.

The Information Systems Audit and Control Association (ISACA) will be responsible for creating ensuring that personnel are equipped with the skills they need to enter the capital market and effectively use digital technology to utilize in transaction operations. The agency will also work to develop operational efficiency and will monitor the use of digital technology to ensure safety.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.