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NSE to leverage on FSID platform to grow capital market

Babajide Okeowo

The Nigerian Stock Exchange, NSE has revealed that its appointment as Executive Committee (EC) member of the Financial and Information Services Association (FISD), a division of the Software and Information Industry Association (SIIA) will provide the exchange with the required platform to continue to provide innovative data solutions to capital market operators and the investing public at large.The CEO of the exchange Mr Oscar N. Onyema made this known while speaking on the development.

 “This appointment is a testament to our commitment to ensuring good data governance and providing excellent customer service to our growing clients. We are inspired to leverage the platform of the FISD to continue to provide innovative data solutions to capital market operators and the investing public” he said.

The appointment, which is for a two-year term, beginning January 2020 will have Mr. Olufemi Balogun, Head, Market Services Department represent the Exchange.

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This appointment was communicated to NSE by Tracey Shumpert, Director of Member Services on February 4, 2020.

SIIA is an umbrella association representing 800+ technology, data, and media companies globally. Industry leaders work through SIIA’s divisions. As a division, FISD is a global forum for industry participants to address issues and challenges that impact the key players in the value chain including consumer firms, third party groups, and data providers. The Exchange has been a member of FISD since 2012 and continues to pursue active membership in other international and regional organisations that promote the development and integration of global best practices across its operations.

Through in-person and online business development opportunities, peer networking, corporate education, intellectual property protection, and government relations, FISD supports members to identify the trends that will shape the industry segment and create educational opportunities and initiatives to address them.

The Executive Committee of FISD, which is an equitable representation by each of the three FISD broad constituencies – exchanges, vendors and user firms, is charged with representing FISD membership and setting the broad.