SC, Mimos in data capability tie-up

KUALA LUMPUR: The Securities Commission Malaysia (SC) has signed a memorandum of understanding (MoU) with Mimos, the countrys research and development centre in information communication and technology, to jointly develop a capital market advanced analytics platform.

By collaborating with Mimos, the SC would be able to leverage new technology to process a higher volume of data from a variety of sources beyond the traditional data sets, facilitate the usage of RegTech for technology to enhance regulatory effectiveness, and build Malaysias Big Data capability in the capital market.