Published on November 16th, 2015 | by Bilal Sulehri0
Infotech Implements System At Ghana Stock Exchange
InfoTech, a leading systems integrator and technology solutions provider, recently upgraded the existing trading platform at Ghana Stock Exchange (GSE), allowing the exchange to further expand, innovate and attract international investors. The upgrade was successfully deployed on 16th October 2015, where Capizar® ATS went live. This achievement marks a great stride in the landmark project.
As part of the upgrade, InfoTech deployed Capizar® ATS, a comprehensive trading platform that includes core-matching engine, FIX/FAST gateways, integrated risk management, corporate announcement module and support of multi asset types, which has made it the choice of emerging markets to boost their business value. The system upgrade not only considerably enhanced in terms of latest technologies but also improved market liquidity through new listings and public investments. Furthermore, the upgrade has brought GSE’s activities closer to international standards by state of art integrations with data vendors; improved liquidity via FIX protocol support; enhanced market surveillance. Correspondingly, this upgrade provided a concrete foundation for regional integration in West Africa according to the proven industry standard.
The initial automation of GSE was also implemented by InfoTech, which involved provisioning of a turnkey solution, and consequently provided the impetus for GSE to win the “Most Innovative Stock Exchange of Africa” in 2009.
To mark the occasion, Naseer A. Akhtar, CEO InfoTech Pvt. Ltd, commented,
“The rapidly growing performance of InfoTech Group in emerging African financial markets is proof of our excellent professional relationship with our clients and our promise to put their business needs first. Our clients place utmost trust in us and it is our responsibility to meet their criteria and to serve them with the most robust solutions in the market. This upgrade will allow GSE to further improve efficiency and attract investors worldwide, and will also provide a base for regional integration.”