15 Oct InfoTech selected to deploy new Automated Trading System at Angola Stock Exchange (BODIVA)
In March, 2020, InfoTech signed a contract with BOLSA DE DÍVIDA E VALORES DE ANGOLA (BODIVA) to provide the Exchange with its trademark solution, Capizar® ATS, a comprehensive automated trading platform, along with Clearing and Settlement and Electronic Depository systems. The contract award followed an extensive international tender process and detailed post tender negotiations to reach a contract to meet BOVIDA’s requirements.
Despite the fact that the contract was signed just in advance of the on set of severe COVID travel restrictions, the teams on both sides worked remotely and innovatively to move the project forward whilst being nearly 5000 miles apart in their respective offices in Luanda and Lahore.
The systems are currently scheduled to Go Live in March, 2021.