20 Mar InfoTech to upgrade its existing platform in the landmark project for GSE
The initial automation of Ghana Stock Exchange (GSE) was implemented by InfoTech and involved provisioning of a turnkey solution including Automated Trading System, related infrastructure, implementation services, customizations/modifications and trainings along with supplementary systems and maintenance & support. The system not only considerably enhanced volumes of securities but also improved market liquidity through new listings and public investments. Also bringing Exchange’s activities closer to international standards, improve liquidity and surveillance of trading related activities as well as reduced risks associated with the market including loss of certificates and impersonation.
InfoTech will now upgrade the Existing Trading Platform of this landmark project. Commenting on the signing of the contract for the upgrade, Naseer Akhtar InfoTech CEO & President said, “The contribution by InfoTech provided the impetus for GSE to win the “Most Innovative Stock Exchange of Africa – 2009. Our excellent professional relationship with our Clients and our promise to put their business needs first, allows us to serve them with the most robust solutions in the market. The rapidly growing performance of InfoTech Group in emerging African financial markets is proof of that performance and professionalism. Our clients place utmost trust in us and it is our responsibility to meet their criteria and utilize our best resources. This upgrade will allow GSE to further expand, innovate and attract international investors.”