About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SGX Partners DataBP to Power Own Brand Market Data Licensing and Usage Portal

Subscribe to our newsletter

Singapore Exchange (SGX) has partnered DataBP, provider of a market data administration platform and services for exchanges, index and data providers, to use the latter’s platform and commercial expertise to roll out SGX Data Direct, an SGX-branded online portal for data licensing and usage reporting powered by DataBP.

SGX joins a community of exchanges using DataBP’s platform and managed services to modernise and streamline market data administration, as well as a growing number of exchanges and capital markets firms seeking to monetise their data assets.

SGX, according to DataBP, is the first exchange in Asia to offer a direct channel for data client engagement. The partnership will provide opportunities to streamline and improve the SGX data client experience based on DataBP’s platform ability to support rapid introduction of new products and scalability to support diversification of subscriber and vendor relationships.

Joyce Tan, head of market data development and delivery at SGX, says SGX Data Direct has been developed as a one-stop shop for SGX market data-related matters with customised functionalities to facilitate online data licensing, usage reporting and inventory checking processes available 24/7. She comments: “The implementation of SGX Data Direct underlines our continuous focus on customers and our desire to better understand the needs of the end users of our market data.”

Brandon Baker, co-founder at DataBP, says SGX is joining a community of global exchanges that are ‘leading the transformation of how market data is managed’. He adds: “Our team’s combination of exchange market data experience, combined with our cloud native software services capabilities, has put us in high demand as exchanges continue to invest in their information businesses.”

Based in APAC, Ariel Smukler, head of implementation and APAC at DataBP, says: “The SGX partnership is a huge milestone for us as we execute on our APAC expansion strategy. We are building out our team here and expanding our AWS infrastructure footprint to support further growth in the region.”

Subscribe to our newsletter

Related content


Recorded Webinar: Re-architecting the trading platform for interoperability, resilience and profitability

Trading platforms have come a long way since the days of exchanging paper certificates and shouting across trading floors, pits and desks in the early 2000s, but there is progress still to be made as firms strive to reduce risk, increase profitability, and make their mark in digital assets trading. This webinar will review the...


TMX Group Unveils Two New Order Books to Democratise Speed and Improved Execution Quality

TMX Group has introduced two new equities order books on its Alpha trading platform, Alpha-X and Alpha DRK, in a move that aims to democratise speed of access and improve execution quality for natural order flow on the Canadian market. The launch of the two new order books promises a more optimised trading environment that...


Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.


Alternative Trading Systems Directory 2010

The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake...