SGX Academy And IBF Introduce Certified Securities Professionals Programme

SGX Academy And IBF Introduce Certified Securities Professionals Programme
07.11.2016 07:45 am

SGX Academy And IBF Introduce Certified Securities Professionals Programme

Trading Systems , Security
In a move to provide securities professionals more training opportunities to acquire technical and soft skills, the Institute of Banking and Finance Singapore (IBF) and Singapore Exchange (SGX) today announced the launch of the SGX Academy Certified Securities Professionals Programme (CSP), developed in accordance to the IBF Standards for Sales and Trading/Execution (Retail).
The CSP Programme is an added training opportunity targeted at securities professionals looking to better equip themselves with skills in the areas of investment analytics, client servicing and management, with the aim of providing more value-add to their clients.
Earlier this year, SGX and IBF announced plans to roll out training initiatives targeted at the stockbroking industry, following industry feedback from trading representatives on their desire to expand their client base and better serve clients. 
Individuals who complete the CSP Programme will be accorded the IBF Level 1 certification and receive the IBF Qualified (IBFQ) certification status. Certification under the IBF Standards is an industry endorsed mark of quality that recognises an individual who exhibits professional excellence, integrity and commitment to the industry.
SGX Academy has been granted the Accredited Financial Training Provider status by IBF, and the programme is eligible for IBF Standards Training Scheme (IBF-STS) funding which defrays up to 90% of training costs, as well as SkillsFuture Credits.
Chew Sutat, Head of Equities & Fixed Income, SGX, said, “The investment distribution landscape is fast evolving, with investors becoming savvier and more discerning, coupled with the emergence of fintech solutions. Nevertheless, trading representatives that provide value-add to clients remain relevant, especially in times of market uncertainty.” 
“With the strong funding support from IBF Standards Training Scheme defraying up to 90% of the full cost of the programme, we encourage all trading representatives and potential industry entrants to take this opportunity to further develop themselves,” he added. 
Rachie Hui, Deputy CEO, IBF, said “I congratulate SGX on the launch of their CSP Programme (IBF Level 1). The IBF Standards for Sales and Trading/Execution (Retail) are developed in close consultation with SGX and the industry. It represents the industry aspirations for their trading representatives’ skills development in view of evolving industry developments. The IBF Accreditation signifies the quality of the programme to equip participants with job relevant skills and knowledge expected by the industry.” 

Related News

thinkFolio and Investor Access advance fixed income primary market workflow

thinkFolio, a leading multi-asset class investment management platform... Read more »

Asset Control and Finmechanics Unveil an Integrated Solution to Accelerate FRTB Implementation and Boost Operational Efficiency

Asset Control and Finmechanics have announced a new technology partnership to provide banks with an accelerated approach to The Fundamental Review of the Trading Book (FRTB)... Read more »

Diginex launches becoming the first digital asset exchange listed in the United States

Diginex announced the public launch of its digital asset exchange, built to institutional-grade specifications and designed to improve the experience... Read more »

The Derivatives Service Bureau Extends Global Participation in Technology Forum

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities... Read more »

corfinancial: Salerio client Baillie Gifford goes live with futures

corfinancial, a leading provider of specialist software and services to the financial services sector, reports that Edinburgh-based investment manager ... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel