ZSE is powered with globally recognized
InfoTech product Capizar® ATS, a comprehensive suite of Trading Platform. This
project has ushered Zimbabwe Capital
Market in the new era of efficiency, growth, development and
transparency.
InfoTech Group, a leading Systems Integrator and technology
solutions provider, completed the Trading System Transformation at
Zimbabwe Stock Exchange (ZSE) as it went live and ushered ZSE in a new trading
era. The agreement for a turnkey deployment of Automated Trading with the Zimbabwe
Stock Exchange was signed back in 2014 to enable all transactions to match
international best practices and standards of operation in terms of efficiency,
transparency, fairness and cost effectiveness.
The new trading platform
Capizar® ATS, marks the beginning of a new era for Zimbabwe’s capital markets,
replacing the previously used manual trading system since 1896, where ZSE
carried out a large number of tasks using excel and other basic packages. This
smart move is expected to influence a rise in aggregate turnover as well as
volumes traded. International markets all over the world reacted positively to
such developments ultimately leading to increase average daily turnover levels.
Commenting on the occasion, Naseer A. Akhtar, CEO of InfoTech said, “It is a privilege to work and represent
Pakistan on an international platform. We are extremely proud of the expansion InfoTech
has made in international markets, being one of a kind Pakistani company to
lodge work with various global clients. I would also like to congratulate
Zimbabwe Stock Exchange and wish them success in this new epoch of automated
trading. ”
InfoTech is one of the leading information technology
firms of Pakistan, successfully automated and integrated solutions for various
public and private sectors.
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