Dealing, Product Financing and Custody Services, Tickrs

Tickrs

Dealing, Product Financing and Custody Services

Tickrs Financial Singapore Pte Ltd (TFS) obtained Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS) in 2022. Product offering include stock trading services across 10 global markets, futures trading, fixed income and wealth management products offering.

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<ul><li>Irreplaceable Credit Infrastructure with Structural Moat CBA's core bureau operations in Singapore, Cambodia, and Myanmar occupy a position that is extraordinarily difficult to replicate.</li><li>In each market, the bureau holds either a legal mandate (Singapore, under the Credit Bureau Act) or an effectively sole-licensed status (Cambodia, Myanmar).</li><li>The accumulation of credit data history spanning decades — with 255+ contributing financial institution members — creates a network effect that entrenches CBA's position.</li></ul>

Irreplaceable Credit Infrastructure with Structural Moat CBA's core bureau operations in Singapore, Cambodia, and Myanmar occupy a position that is extraordinarily difficult to replicate.In each market, the bureau holds either a legal mandate (Singapore, under the Credit Bureau Act) or an effectively sole-licensed status (Cambodia, Myanmar).The accumulation of credit data history spanning decades — with 255+ contributing financial institution members — creates a network effect that entrenches CBA's position.

Credit Bureau Asia Update : Resilient Core, Reset Forecast

<ul><li>Actual H1 FY2025 FI Data segment achieved ~8% YoY growth, offsetting a ~2% decline in Revenue Growth Mid-teens YOY Non-FI Data revenue, for an overall +2.2% YoY increase </li><li>This tepid overall growth was due to divergent segment trends – robust expansion in the core Financial Institution (FI) Data business offset by a slight decline in the Non-FI Data segment.</li><li>Research • Core Segment Outperformance: FI Data segment revenue grew a strong +7.6% YoY to ~S$14.0 million, driven by higher credit report volumes (new loan applications, portfolio reviews, monitoring services) in Singapore.</li></ul>

Actual H1 FY2025 FI Data segment achieved ~8% YoY growth, offsetting a ~2% decline in Revenue Growth Mid-teens YOY Non-FI Data revenue, for an overall +2.2% YoY increase This tepid overall growth was due to divergent segment trends – robust expansion in the core Financial Institution (FI) Data business offset by a slight decline in the Non-FI Data segment.Research • Core Segment Outperformance: FI Data segment revenue grew a strong +7.6% YoY to ~S$14.0 million, driven by higher credit report volumes (new loan applications, portfolio reviews, monitoring services) in Singapore.

Credit Bureau Asia Update : Core Engine Healthy Amid Headwinds

<ul><li>Dominant Niche Player with High Barriers to Entry: CBA enjoys market-leading positions in its operating markets, effectively functioning as the default credit bureau infrastructure in those countries.</li><li>Its long-standing relationships with regulators and banks (e.g.</li><li>backed by ABS in Singapore, central bank licenses in Cambodia/Myanmar) create formidable entry barriers.</li></ul>

Dominant Niche Player with High Barriers to Entry: CBA enjoys market-leading positions in its operating markets, effectively functioning as the default credit bureau infrastructure in those countries.Its long-standing relationships with regulators and banks (e.g.backed by ABS in Singapore, central bank licenses in Cambodia/Myanmar) create formidable entry barriers.

Credit Bureau Asia Initiation : Buy Ahead of the Crowd

Singapore

Credit Bureau Asia provides credit and risk information solutions to financial institutions, multinational corporations, telecommunication companies, government bodies, public agencies, local enterprises, and individuals across Southeast Asia. The company offers credit and risk information reports, credit scores, monitoring services, data trends and analytics, and tailored solutions. It is headquartered in Singapore and was founded in 2019.

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Credit Bureau Asia (CBA SP)

Credit Bureau Asia Update : Resilient Core, Reset Forecast

Irreplaceable Credit Infrastructure with Structural Moat CBA's core bureau operations in Singapore, Cambodia, and Myanmar occupy a position that...

Tickrs

Credit Bureau Asia Update : Core Engine Healthy Amid Headwinds

202112304K 137 Market Street #12-01 Singapore 048943 E-mail: [email protected] Tel: +65 6011 1700 CREDIT BUREAU ASIA LIMITED (SGX: TCU) 1H...

Tickrs

Credit Bureau Asia Initiation : Buy Ahead of the Crowd

Dominant Niche Player with High Barriers to Entry: CBA enjoys market-leading positions in its operating markets, effectively functioning as the...

Tickrs

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