SGX-Smartkarma platform to link listed firms with investors, analysts

The Singapore Exchange (SGX) and fintech firm Smartkarma will work together to roll out a cloud-based platform that will bring analysts, investors and listed companies into a single network.

Through the C-Suite Pilot program, companies will be able to communicate seamlessly with analysts and investors, monitor sentiment, compare industry performance, and benchmark instantly against peers - which will enhance investors' understanding of and accessibility to these companies, the bourse said in a statement yesterday.

As part of the deal, Smartkarma and the SGX have invited "C-level" or top senior executives and investor relations professionals of Singapore-listed companies to join the platform to provide their input and feedback, with the objective of gaining a better understanding of local requirements and use cases specific to this market, it added.

The collaboration is a first between Smartkarma - which operates a digital marketplace and provides investment insight into Asian markets - and a stock exchange.

"The global investment research landscape is fast evolving with the emergence of self-directed and independent research, as well as new regulations resulting in a reduction in investment coverage by financial institutions," said SGX head of equities and fixed income Chew Sutat.

"We welcome this initiative by Smartkarma to build a solution that raises the profile of our listed companies among investors and analysts."

Smartkarma and the SGX have invited "C-level" or top senior executives and investor relations professionals of Singapore-listed companies to join the platform to provide their input and feedback...

Smartkarma chief executive Raghav Kapoor said: "We are thrilled to partner SGX... this is coming at a time when banks and brokers are downsizing research desks because of regulation and cost constraints, resulting in a decline in the depth and breadth of coverage of certain stocks, assets and sectors."

A version of this article appeared in the print edition of The Straits Times on March 13, 2018, with the headline 'SGX-Smartkarma platform to link listed firms with investors, analysts'. Print Edition | Subscribe