Why this dispatch exists
Sixth per-archetype RFP template covering Archetype F per the APAC archetype dispatch.
Section 1: Requirement overview
The requirement is the multi-jurisdiction APAC CFD broker tech stack for an operator authorised across Singapore MAS, Hong Kong SFC, Japan FSA, Australia ASIC, and/or Korea FSC serving sophisticated investor + institutional client segments across Asia-Pacific.
Section 2: Vendor evaluation categories required
- Brokerage hosting (Equinix SG1 + HK1 + TY3 + SY3 typical for per-jurisdiction data residency)
- Trading platforms (MT5 with Asian-language localisation + cTrader for differentiation + crypto-CFD on Match-Trader if applicable)
- LP procurement (tier-1 prime broker with APAC desk + regional Asia PoPs + APAC-specific FX flow specialists)
- Risk management (per-jurisdiction leverage cap enforcement: MAS 1:20, SFC 1:20, FSA 1:25, ASIC 1:30 majors, Korea 1:10)
- KYC + AML (Sumsub or Veriff with HK ID Card + Singapore NRIC + Japan My Number + Korea RRN + Australia driver licence + Medicare combinations support)
- RegTech (Nasdaq SMARTS for trade surveillance + Cappitech for per-jurisdiction reporting + Behavox or Smarsh for comms surveillance including WeChat + LINE)
- Broker CRM (B2Core or Match-Trader CRM with Mandarin simplified/traditional + Cantonese + Japanese + Korean localisation)
- Payments (8-12 PSPs covering PayNow + GIRO Singapore + FPS Hong Kong + Zengin + PayPay Japan + PayID + BPay Australia + KFTC Korea)
- IB management (specialist with per-jurisdiction tax disclosure for IB compensation)
- Broker analytics (Trading Central + Autochartist + LSEG + Bloomberg Terminal for institutional-leaning APAC operators)
- Copy trading (cTrader Copy if cTrader)
- Crypto exchange WL (per-jurisdiction crypto regulatory regimes: MAS DPT, SFC VATP, FSA CAEP, AUSTRAC + ASIC if applicable)
Section 3: Universal vendor requirements
Apply the five universal dimensions from the RFP scoring framework opener.
Section 4: Per-pillar requirements
APAC-specific per-pillar emphasis:
- Per-regulatory-regime leverage cap configurability (stricter than DMCC permissive defaults)
- Per-jurisdiction language depth (Mandarin simplified vs traditional distinct; Cantonese, Japanese, Korean, plus regional Southeast Asian languages)
- Per-jurisdiction payment rail coverage (no APAC SEPA equivalent; jurisdiction-specific rails procurement filter)
- Per-jurisdiction crypto authorisation if applicable (4 distinct regulatory regimes)
- WeChat + LINE comms surveillance for HK + Japan operations
- Per-jurisdiction document support (HK ID Card structure + Singapore NRIC + Japan My Number + Korea RRN + Australia)
Section 5: APAC archetype customisation (weight multipliers)
Per the Phase 4 opener customisation layer:
- R1 (leverage cap configurability) x 1.5
- P5 (multi-language) x 1.5 for Mandarin/Cantonese/Japanese/Korean
- KYC1 (per-APAC documents) x 1.5
- PMT1 (APAC rail coverage) x 1.5
Section 6: Disqualification thresholds checklist
- ☐ Per-regulatory-regime leverage cap configurability for risk management vendor
- ☐ Asian-script document verification for KYC vendor (HK ID Card + NRIC + My Number + RRN)
- ☐ WeChat + LINE comms capture for comms surveillance vendor
- ☐ Per-jurisdiction rail coverage for PSP procurement
- ☐ Per-APAC-jurisdiction authorisation for crypto venue if applicable
Section 7: Vendor scoring rubric reference
APAC-specific demo emphasis:
- Per-jurisdiction leverage cap configurability demonstration (MAS 1:20 vs SFC 1:20 vs FSA 1:25 vs ASIC 1:30 majors vs Korea 1:10)
- Asian-script document verification with operator-provided test documents
- WeChat + LINE comms capture demonstration
- Per-jurisdiction payment rail demonstration (PayNow, FPS, Zengin, PayID)
Section 8: Reference customer validation
- Hosting: minimum 2 APAC operators per IBX (SG1, HK1, TY3, SY3 as applicable)
- KYC: minimum 2 APAC operators with Asian-script document verification operational tenure
- RegTech: minimum 2 APAC operators with Nasdaq SMARTS deployment + APAC regulator engagement
- Payments: minimum 2 APAC operators with operator-relevant per-jurisdiction rail coverage
Section 9: Integration testing scope
APAC-specific integration testing:
- Multi-IBX deployment testing (SG1 + HK1 + TY3 + SY3 as applicable)
- Per-jurisdiction leverage cap configuration testing
- Asian-script document verification testing with production document samples
- Per-jurisdiction rail integration testing across operator’s geography
- Per-jurisdiction transaction reporting testing for locally-licensed entities
Section 10: Decision documentation references
APAC-specific documentation:
- Per-jurisdiction procurement extension rationale beyond EU defaults
- Multi-jurisdiction supervisory examination readiness framework
- Per-jurisdiction crypto authorisation framework if applicable