Annual Report 2014
58
In 2014, SET continued to provide co-location
service, that started in 2013, for any member company
interested in renting server space for submission of
trading instructions through SETNET3 network, a highly
efficient network, in line with the ISO27001 standard.
This service can save energy and reduce costs for the
capital market industry. Four firms have already used
this service.
In addition, SET is responsible for the IT data
management of key systems, controlling every step
of operation to ensure security, safety and service
flows, certified by ISO/IEC 27001, to further create
confidence among users.
Development of data services on website
to support GMS cooperation
SET has developed a system to connect data among
the GMS countries, comprising the stock exchanges of
Cambodia, Hanoi, Hochiminh and Laos, to serve as the
GMS stock exchanges data center to facilitate investors.
Data on display will include trading transactions on
the GMS stock exchanges and investment channels.
Interested investors can view these via SET website.
Increase in settlement efficiency
of clearing house
In May 2014, the new clearing system was
launched. To increase competitive capabilities, Thailand
Clearing House Co., Ltd. (TCH), an affiliate of the
SET group, has developed a new clearing system
for futures contracts called SET CLEAR. It also
facilitates the development of new futures products to
cope with the market demand. The new system will
reduce operational procedures for members through
a straight through processing (STP) system, under
an integrated risk management that is efficient and
meets international standards. It can accommodate
the expansion of trading transactions and extension
of trading duration in the future.
Furthermore, TCH will develop one single platform to
accommodate settlement of equity and debt instruments
in preparation for business expansion and faster new
product development, enabling multi-market and
multi-currency settlement and depository services,
on top of the Thai baht denominated transactions.
These include the Pre-Settlement Matching System,
using STP via SWIFT. The new system will be ready
for use by Q2/2015.