ISE to take software solutions from TCS
By siliconindia   |   Wednesday, 19 May 2010, 21:59 IST   |    1 Comments
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ISE to take software solutions from TCS
Mumbai: Tata Consultancy Services (TCS) will provide software solutions for the forthcoming Inter connected Stock Exchange of India (ISE). The launch of live trading on ISE platform will be covered in the first phase, which is scheduled in October this year. The ISE will host a trading platform especially for SMEs in the second phase. ISE, which is marketing TCS's integrated Exchange Trading Platform worldwide is promoted by 13 Regional Stock Exchanges, who would offer cost-effective trading, clearing & settlement, risk management and surveillance support to over 800 trading members across 79 cities in India supported by its nine branch offices. TCS is known for its contribution in the development of Capital Market Infrastructure in India. They have provided solutions for transforming the exchange trading platform of the organization to support the needs of securities exchanges in future. The software solution provider enables operational efficiency and uniformity through multi exchange, multi asset class trading on a single platform and it integrates the surveillance, risk, clearing, and settlement platforms.

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