Under the agreement, the technology will be implemented on a centralized hosted deployment model, which will facilitate brokers to transform their operations and systems capabilities, claims Dion.
Dion, together with its partners, NCS and BrokerEdge Systems Advisors, will customize, implement, host and operate the technology.
Lim & Tan Securities executive director and Securities Association of Singapore (SAS) deputy chairman Cheng Tin said the consortium partnership with Dion and their proven technology provides the firms with an end-to-end technology for their middle and back-office processing.
"The hosted NOVA solution gives us a robust operational foundation on which to build, and this means we can focus on driving expansion and on developing innovative products and services to support clients," Tin added.
