Singapore brokers sign MOU with Dion

It has been recently announced that a consortium of four leading Singapore Securities companies will be implementing Dion Global Solution’s (Dion) on a centralized hosted deployment model.

As part of this implementation, the consortium members which include AmFraser Securities, CIMB Securities (Singapore), DMG & Partners Securities, and Lim & Tan Securities have signed a joint MoU to deploy Dion’s NOVA solution. The solution will be customized, implemented, hosted and operated by Dion, together with its partners, NCS and BrokerEdge Systems Advisors.

“We are pleased to be part of the consortium partnering with Dion - their proven technology provides us with an end-to-end solution for our middle and backoffice processing, and they have a deep understanding of both of our business and the nuances of the local market,” said Cheng Khin Tin, Executive Director, Lim & Tan Securities and Deputy Chairman, Securities Association of Singapore (SAS). 

“We are delighted that these Singapore brokerages have selected Dion together with its technology and partners to support this initiative,” said Joe Nash, MD, Asia Pacific, Dion.