TCS to provide software for Inter-connected Stock Exchange of India
ISE, promoted by 13 Regional Stock Exchanges shall offer cost-effective Trading, Clearing & Settlement, Risk Management and Surveillance support to over 800 Trading Members across 79 cities in India supported by its 9 branch offices.
By Agencies |
MUMBAI: Inter-connected Stock Exchange of India Ltd ( ISE), a national level stock exchange, has appointed Tata Consultancy Services ( TCS) to provide software solutions for its soon to be launched Trading Platform.
ISE, promoted by 13 Regional Stock Exchanges shall offer cost-effective Trading, Clearing & Settlement, Risk Management and Surveillance support to over 800 Trading Members across 79 cities in India supported by its 9 branch offices.
ISE pursues to offer its members a platform that synergizes amalgamation of best practices in trading. The 1st phase will be the launch of Live Trading on ISE Platform scheduled to begin in Oct 2010.
The 2nd phase will witness ISE hosting a Trading platform especially for SMEs.
TCS has played a catalytic role in the development of Capital Market Infrastructure in India. This solution transforms the organization’s exchange trading platform to support the future need of securities exchanges. It enables multi-exchange, multi-asset class trading on a single platform, and integrates the surveillance, risk, clearing, and settlement platforms for better operational efficiency and uniformity.
ISE will be the anchor customer for the deployment of TCS’s integrated Exchange Trading Platform marketed world wide.
ISE, promoted by 13 Regional Stock Exchanges shall offer cost-effective Trading, Clearing & Settlement, Risk Management and Surveillance support to over 800 Trading Members across 79 cities in India supported by its 9 branch offices.
ISE pursues to offer its members a platform that synergizes amalgamation of best practices in trading. The 1st phase will be the launch of Live Trading on ISE Platform scheduled to begin in Oct 2010.
The 2nd phase will witness ISE hosting a Trading platform especially for SMEs.
TCS has played a catalytic role in the development of Capital Market Infrastructure in India. This solution transforms the organization’s exchange trading platform to support the future need of securities exchanges. It enables multi-exchange, multi-asset class trading on a single platform, and integrates the surveillance, risk, clearing, and settlement platforms for better operational efficiency and uniformity.
ISE will be the anchor customer for the deployment of TCS’s integrated Exchange Trading Platform marketed world wide.
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