The Stock Exchange of Thailand (SET) has confirmed that its IT upgrade is progressing as scheduled and will have the capacity to accommodate the growing number of transactions required of it.
Mr Chaiyoot Chamnanlertkit, SET’s vice president said, Our goal in 2006 is to ensure the readiness of our IT system to accommodate more diversified investment options, the growth of both the equity and debt markets and the launch of derivatives. The SET has been working with member securities companies to better ensure stability in our trading system overall.
There were several discussions and joint preparations to help all members mutually develop their systems, personnel and related work, as well as to help them become more skillful with the system so that they can provide more timely maintenance whenever a technical problem occurs, added Mr Chamnanlertkit. This will better assure that our entire interconnected work system will operate more efficiently and be ready for future developments.