Washington, DC, December 20, 2014 --(PR.com
)-- The Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) presented the 2014 Outstanding Data Provider Award to The Stock Exchange of Thailand. The award was presented at the FISD General Meeting in New York on December 17.
This award was created by the FISD Service Level and Communications Working Group to recognize the exchange or data provider that most closely adheres to the Working Group’s Best Practice Recommendations. These recommendations are guidelines for communication and notification sent by exchanges and information providers to their customers and downstream distribution partners for events such as system upgrades, administrative and policy changes, new product introductions, and unplanned interruptions. In addition to The Stock Exchange of Thailand, Euronext and Oslo Bors were nominated as finalists for the award.
“We feel honored to be recognized among the world-class exchanges and data providers,” said Kesara Manchusree, President of The Stock Exchange of Thailand. “We are grateful for such recognition by the leading industry experts and the members of FISD. This prestigious award is a reflection of our commitment to our clients, partners and excellent service quality. ”
Tom Davin, Managing Director of FISD, said “SET is strongly deserving of this acknowledgement. The award recognizes the importance that clients and distributors place on clear and timely communications from their information providers. This recognition highlights the value of the Service Level and Communications Working Group’s recommendations as a reference for exchanges and information providers throughout the market data distribution chain.”
The Financial Information Services Division (FISD) of the Software and Information Industry Association provides a neutral business forum for exchanges, market data vendors, specialist data providers, brokerage firms, investment managers and banks to address and resolve business and technical issues related to the distribution, management, administration and use of market data. Participants use the forum to exchange ideas, build business relationships and improve the business climate associated with the worldwide flow of financial information. For more information, visit www.fisd.net.
The Stock Exchange of Thailand (SET) was established in 1975 under 1974 Securities Exchange Act of Thailand and officially began securities trading on April 30, 1975. The Stock Exchange of Thailand stands at the center of Thailand’s capital market, and is a thriving and dynamic exchange offering a full range of products, services and trading infrastructure for investors, listed companies and other participants. For more information visit www.set.or.th