siliconindia | | March 20198n today's cut throat competitive world, technology is the only differentiator, which can keep you ahead of your competition. Every organization is working on digital transformation roadmap, which is a huge opportunity for IT vendors to provide solutions in back office automations, enhanced customer experience, converting traditional branches into digital virtual branches, productivity improve-ment, seamless integration with external agen-cies and automated risk and fraud deduction control systems.For many years stock exchanges were physi-cal locations where buyers and sellers met and negotiated. Exchange trading would typically happen on the floor of an exchange, where traders would shout and gesticulate at one another. With the improvement in communications technol-ogy in the late 20th century, the need for a physi-cal location became less important and traders started to transact from remote locations in what became known as electronic trading. Electronic trading made transactions easier to complete, monitor, clear, and settle and this helped spur on its development.The Electronic Trading Processes has in-creased the market efficiency by reducing the transaction costs, providing greater liquidity in By Nafees Ahmed, CIO, IndiabullsNafees is an experienced Group Chief Information Officer with a demonstrated history of working in the financial services industryUPGRADING FINANCIAL SERVICES WITH AN EFFECTIVE SDLCIin my opinionNafees Ahmed
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