Securities Industry Development Corporation

What Securities Industry Development Corporation does

Securities Industry Development Corporation (SIDC) is the statutory training and examination arm of the Securities Commission Malaysia (SC), established in 1994 and headquartered in Kuala Lumpur. The entity operates as a wholly owned government state entity under Registration No. 200701007263 (765264-K) and functions as Malaysia's designated one-stop examination centre for capital market licensing, administering 13 SC Licensing Examination (SCLE) modules spanning securities dealing, derivatives, fund management, compliance, and advisory services. SIDC's primary customers are capital market professionals seeking CMSRL licensing, board directors of capital market institutions, working financial services professionals pursuing continuous professional education, and foundation-level entrants; mandated customers include any individual or firm seeking to obtain or maintain a Capital Market Services Representative's Licence issued by the SC.

SIDC's product portfolio spans four main categories: (1) regulatory programmes — SCLE, the Capital Market Director Programme (CMDP 2.0, four modules), and the Capital Market Essentials Programme (CMEP); (2) Certified Capital Market Professional (CCMP) certification tracks in Compliance, Derivatives, and Sustainable and Responsible Investment, plus the Certified Corporate Sustainability Practitioner (CCSP); (3) e-learning programmes including Derivatives E-Learning Series (DEL/DELA), Anti-Money Laundering (AML) Fundamentals and Case Studies, Malaysian Capital Market Insights (MCMI) Series, securities law, and financial statement analysis; and (4) industry conferences (IICM Corporate Governance Conference, SIDC-MACFE Fraud Conference) and consultancy services. Delivery runs through a proprietary multiportal platform (erp.sidc.com.my) integrating E-Shop, Competency Management System, Continuing Professional Education portal, and Learning Portal, with Online Remote Proctoring enabling computer-based remote examination delivery. The curriculum is developed in partnership with SC and Bursa Malaysia, supported by HRD Corp registration allowing employers to claim training grants (course numbers documented for CMEP, FPTR I/II, CCMP Derivatives, CCMP-SRI1, AML programmes, and MCMI).

SIDC's revenue model is a mix of per-examination fees (RM 1,250-1,350 per SCLE module for residents; RM 2,750-3,000 for non-residents), per-programme fees for certification and training (RM 50-80 for eGuides, RM 550 for CMEP, RM 2,200 for CMDP modules), subscription-based digital programme access (30-45 day windows for webinars, video-on-demand, and e-learning), conference registration, and bespoke consultancy. Pricing is published and unit-based with HRD Corp claimability for eligible employers. Go-to-market is direct-to-consumer via the SIDC website and learning portal, supplemented by industry events and an active presence on Facebook, Instagram, and YouTube. SIDC operates with 101-250 employees and reports cumulative impact of 100,000+ professionals trained and 2,700+ training sessions delivered since 2007, with 8 professional certifications established from 2017 onward.

Name

Securities Industry Development Corporation

Legal name

Securities Industry Development Corporation (SIDC)

Website

https://sidc.com.my

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Securities Industry Development Corporation (SIDC) is Malaysia's statutory capital market training and certification institution, operating as the official learning arm of the Securities Commission Malaysia to deliver licensing examinations, professional certifications, and continuous education for capital market professionals.

Ownership category

akta.pro rank

Product category

Capital Market Professional Training

NAICS

Professional and Management Development Training (611430), Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Legal, Governance, Privacy & Audit Certifications (EDAAANAN)

akta.pro secondary industries

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD), Continuing Education (CE/CPD) & Provider Accreditation Bodies (EDADACAF)

Keywords

• Capital market training
• Licensing examinations
• Professional certification
• Regulatory education
• Continuing professional development

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. SC Licensing Examination Fees: Fees charged for Securities Commission Licensing Examinations across 13 modules. Malaysian residents pay RM 1,250-1,350 per module, while non-residents pay RM 2,750-3,000. Revenue generated from examination administration and proctoring services.
2. Training Programme Fees: Fees for various training programmes including Capital Market Director Programme (CMDP), Capital Market Essentials Programme (CMEP), certification programmes, and e-learning courses. Programmes range from RM 50-80 for eGuides to RM 2,200 for board-level programmes.
3. E-Learning Programme Access: Digital Programme access including webinars, video-on-demand, and e-learning series. Access periods vary: 30 days for VOD, 45 days for e-learning from date of receipt of credentials.
4. Professional Certification Programmes: Certified Capital Market Professional (CCMP) programmes covering Compliance, Derivatives Dealing, and Sustainable Responsible Investment. Fees vary by programme module.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

SIDC is the official training arm of the Securities Commission Malaysia (SC), administering licensing examinations (SCLE), professional certifications, continuing education programmes, and bespoke learning solutions for capital market professionals in Malaysia. It operates as a wholly-owned subsidiary of the Securities Commission, providing entry-level to board-level training across equities, derivatives, Islamic finance, compliance, sustainability, and anti-money laundering disciplines.

Product overview

SIDC operates as a multi-product training and certification platform for Malaysia's capital market industry. The core offering is the SC Licensing Examinations (SCLE) programme with 13 examination modules, supplemented by the Capital Market Director Programme (CMDP 2.0) for board-level training and the Certified Capital Market Professional (CCMP) certification track with specialised streams in Compliance, Sustainable and Responsible Investment, and Derivatives. The platform also delivers e-learning programmes including Derivatives E-Learning Series (DEL/DELA), AML programmes, MCMI Series, and Stock Market and Securities Law training. Additional offerings include the Capital Market Essentials Programme (CMEP), Familiarisation Programmes for Trading Representatives, CCSP sustainability certification, conferences, and consultancy services. The SIDC Multiportal provides integrated access to E-Shop, Competency Management System, CPE, and Learning Portal.

Differentiator

Problem solved

Functional benefit

Products and services

• SC Licensing Examinations (SCLE) Mandatory licensing examinations administered under the authority of the Securities Commission Malaysia for capital market representatives and dealing representatives, required before any individual can engage in regulated capital market activities.
• Capital Market Director Programme (CMDP) 2.0 Mandatory preparatory programme for newly appointed and existing directors of capital market entities in Malaysia, covering fiduciary duties, regulatory responsibilities, and board-level capital market knowledge.
• Capital Market Essentials Programme (CMEP) Foundational training programme covering the essentials of the Malaysian capital market, designed for new entrants and those seeking a broad understanding of capital market operations. Claimable under HRD Corp.
• CCMP - Compliance Track (Digital Compliance Programme) Continuing professional development programme on compliance themes for compliance officers and capital market professionals, delivered in digital format.
• CCMP - Sustainable and Responsible Investment (SRI) Track Continuing professional development programme covering sustainable and responsible investment principles for capital market practitioners in Malaysia.
• CCMP - Dealing in Derivatives Track Continuing professional development programme on dealing in derivatives, covering regulatory and practical aspects of derivatives trading for licensed representatives.
• Certified Corporate Sustainability Practitioner (CCSP) Professional certification programme validating competency in corporate sustainability practices for capital market and listed-company professionals.
• Derivatives E-Learning Series (DEL) Entry-level online learning series on derivatives products, markets, and trading for capital market participants seeking foundational derivatives knowledge.
• Derivatives E-Learning Advanced Series (DELA) Advanced online learning series building on the DEL programme, covering more complex derivatives strategies, pricing, and risk management for experienced practitioners.
• Anti-Money Laundering (AML) Fundamentals E-Learning Online programme covering anti-money laundering and counter financing of terrorism fundamentals relevant to capital market reporting institutions in Malaysia.
• Malaysian Capital Market Insights (MCMI) Series Series of e-learning webinars and insight sessions on contemporary Malaysian capital market themes, delivered to keep practitioners current on regulatory and market developments.
• Stock Market and Securities Law E-Learning Self-paced e-learning module covering the legal framework governing Malaysian stock markets and securities regulation.
• Financial Statement Analysis and Asset Valuation E-Learning Self-paced e-learning programme covering financial statement analysis and asset valuation techniques applied in the Malaysian capital market context.
• eFamiliarisation Programme for Trading Representatives (eFPTR) Online familiarisation programme tailored for trading representatives to acclimate to capital market operations and regulatory expectations prior to or shortly after licensure.
• Mock Test for SC Licensing Examinations Practice/mock test system designed to help candidates prepare for SC Licensing Examinations by simulating the format, structure, and difficulty of the actual examinations.
• NSRF Preparers' Programme (NPP) Specialist programme preparing sustainability reporting preparers to comply with the National Sustainability Reporting Framework requirements applicable to Malaysian listed issuers and capital market entities.
• Consultancy Services Bespoke learning and development consultancy offerings tailored to the needs of capital market institutions, including customised in-house training programmes and capability development.
• SIDC E-Guide Publications Paid digital study guides and reference e-guides supporting preparation for SIDC programmes and SC Licensing Examinations, sold on a per-publication basis.

Quantifiable outcome

• 100,000+ professionals trained since 2007
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• Securities Commission Malaysia (SC)coreStrategic or Co-development Partner · 1 January 1994Founding member and parent organisation. SIDC serves as the official training arm of SC, conducting SC Licensing Examinations and delivering regulatory training programmes. SC appoints SIDC to administer and conduct licensing examinations and CPE requirements.
• Bursa MalaysiacoreStrategic or Co-development Partner · 1 January 1994Founding member and stock exchange partner. Bursa Malaysia provides market infrastructure references for SIDC's examination curriculum and training programmes covering Malaysian equity market rules, listing requirements, and trading manual content.
• HRD Corp (Human Resource Development Corporation)majorChannel Partner/ Reseller/ DistributorHRD Corp is Malaysia's government-owned human resource development institution. SIDC programmes are HRD Corp claimable, allowing eligible Malaysian employers to use HRD Corp grants for staff training. Programme registration numbers include 10001447169 (CMEP), 10001138666 (FPTR 1), 10001138809 (FPTR II), 10001162894 (CCMP Derivatives), and others.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hong Kong Securities and Investment Institute (HKSI Institute): Statutorily-linked capital market training and certification body in Hong Kong, administering licensing exams (HKSI Examination) and offering professional development for securities industry practitioners — the closest structural analogue to SIDC in a different jurisdiction.
• Institute of Banking and Finance Singapore (IBF): Singapore's national training institute for the financial services sector, established under Monetary Authority of Singapore (MAS) oversight. Operates a comparable model of competency standards, certification, and continuing education for licensed financial professionals.
• Investor and Financial Education Council (IFEC), Hong Kong: Statutory body supported by Hong Kong's securities regulator (SFC) that delivers capital market education and investor training programmes, structurally analogous to SIDC's regulator-backed capital market education mandate.

Broad incumbents

• CFA Institute: Global standard-setter for investment credentials (CFA Program) and a broader incumbent in capital market professional certification. Competes for the same Malaysian capital market professionals who would otherwise pursue CCMP tracks, with superior international portability.

Regional players

• NSE Academy (National Stock Exchange of India): Training and certification arm of India's NSE, delivering capital market programmes to professionals and investors. Comparable as a stock-exchange-linked training entity in another Asian capital market, though serving India rather than Malaysia.
• BSE Institute Ltd: Training subsidiary of BSE (formerly Bombay Stock Exchange), offering capital market certification, executive education, and e-learning for Indian financial professionals. Similar stock-exchange-linked training business in a different geography.
• FINSIA (Financial Services Institute of Australasia): Australia and New Zealand's professional body for the financial services industry, offering certification (FINSIA's Certified Financial Professional) and continuing education across banking, markets, and wealth — comparable as a regional capital-market certification body.

Emerging players

• GARP (Global Association of Risk Professionals): International certification body for risk professionals (FRM, SCR), competing directly with SIDC's CCMP Derivatives and Compliance tracks for risk-focused Malaysian capital market practitioners.
• Chartered Institute for Securities & Investment (CISI): UK-based professional body offering internationally recognized securities and investment certifications. Targets the same compliance and dealing professionals in Malaysia and competes for the same CPE-eligible audience.

Others

• International Capital Market Association (ICMA): Global trade association for capital markets that provides standards, training, and certification for primary and secondary market professionals; an adjacent ecosystem participant rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@securitiesindustrydevelopm7366
• Facebookfacebook.com/OfficialSIDC
• Instagraminstagram.com/sidc_official
• LinkedInlinkedin.com/company/securities-industry-development-corporation-sidc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Securities Industry Development Corporation