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

DriveWealth Launches DriveHSA® to Support Health Savings Account (HSA) Industry

DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced the launch of a new Health... Read more »

BTON Financial partners with genesis to automate trading for asset managers

BTON Financial, the independent outsourced dealing desk for asset managers and genesis, the Low Code Application Platform for Capital Markets, are pleased to announce their... Read more »

TrueFX announces First Trades Completed on Platform

TrueFX, a purpose-built OTC market designed for the buy-side, has today announced it executed the first set of disclosed trades between counterparties on its network. The first... Read more »

New derivatives exchange to level the crypto playing-field

The rapidly expanding community of crypto derivatives traders stands to benefit from an industry-grade trading service with the launch of ZUBR, a new high-performance exchange... Read more »

DriveWealth Forges First Partnership in Middle East and North Africa Region with UAE-Based Wealthface

DriveWealth, LLC,  a U.S. based leader in global digital trading technology, announced today a new partnership with ... Read more »

Aspire partners with GeTS in furthering fintech hub ambitions

In furthering Singapore as the fintech hub of Southeast Asia, Global eTrade Services (GeTS) has announced its partnership with Aspire, a Singapore-based startup with... Read more »

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