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NSE SIGNS MOU WITH THOMSON REUTERS ON VALUE ADDED SERVICES

By NBF News
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The NSE launched its X-Value offering on November 30, 2012 as a key element of its business development efforts aimed at attracting new listings, creating a competitive edge for listed companies and retaining current listings. The initiative is also expected to improve investors' interest in the market through enhanced information and assist listed companies in complying with post listing obligations.

At the unveiling of the X-Value, Head of Listings Sales and Retention, Mrs Taba Peterside revealed that The Exchange would partner with various local and international organizations to provide services such as: Corporate Access, Investor Relations, Institutional Services Offering, Corporate Governance and Independent Equity Research to enhance the value proposition of listing on The Exchange.

According to her, the Investor Relations service is designed to enhance investor understanding of a company's strategic direction and encourage informed analysis on a company's performance through the provision of timely, appropriate and accurate information.

She further explained that it could help in lowering the cost of accessing global capital markets as well as improve a company's market reputation and visibility.

With this initiative, global best-practice investor relation solutions from Thomson Reuters will be available to the NSE's listed companies. Thomson ONE Investor Relations will help companies manage their IR program workflow, including monitoring market activity, understanding investor behavior and managing investor outreach. Thomson Reuters IR Websites will ensure companies are delivering a high standard of disclosure, providing investors with quality and professional investment information.