Asia Commercial Bank Officially Becomes an API Datafeed Service Client

On April 5, 2024, ACB officially became a client of FiinGroup's API Datafeed service for the upcoming Securities Service.

In addition to ACB, other current custodian and supervisory banks such as BIDV, VPBank, and Shinhan Bank are also using the API Datafeed service for their daily market data-related operations. This is a complex and crucial operation for the bank, requiring strict accuracy of data and rapid update times to ensure the custodian and supervisory banking system operates smoothly and is automated. It must comply with general legal regulations and specific requirements of the Vietnam Securities Depository and Clearing Corporation (VSDC).

ACB’s partnership reflects their trust in FiinGroup’s financial data services and confidence in FiinGroup's staff and experts who will accompany ACB from the project's inception to its official operational launch.

Additionally, on November 20, 2023, ACB was granted the Securities Depository Operation Certificate No. 405/GCN-UBCK by the State Securities Commission and will soon launch its Custodian Bank - Supervisory Bank operations to capitalize on the growing wave of foreign investment and the expanding fund services in Vietnam.