Regulator undertakes key systems upgrade

Thu, Sep 2nd 2010, 11:00 PM

The Securities Commission has selected Albert Maciel, of Capital City Computer Consultants, to provide services as a database systems consultant with effect from Wednesday, in a bid to ensure it has a robust database system and tools to support its operational requirements.

The Commission's approach to supervision and oversight is incorporated into its core functions: the authorisations process, off-site market surveillance and on-site inspections of registered and licensed entities.

One of the primary tools used to facilitate the oversight function is an electronic database that houses data on securities, investment funds and capital market products and activities, in addition to registrant ...

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