Bom­bay Stock Ex­change is Chang­ing the Fi­nan­cial Ser­vices In­dus­try Through Dig­i­tal Trans­for­ma­tion

DQ Channels - - Cover Story -

Head­quar­tered in Mum­bai, In­dia, the Bom­bay Stock Ex­change (BSE) is one of In­dia’s lead­ing ex­change groups. Rec­og­niz­ing that traders want cur­rent in­for­ma­tion and in­stan­ta­neous trade ex­e­cu­tions, speed and se­cu­rity are two of the ex­change’s top pri­or­i­ties. To safe­guard it­self from se­cu­rity threats and fa­cil­i­tate bet­ter net­work­ing, BSE is con­stantly up­grad­ing its tech­no­log­i­cal and se­cu­rity plat­forms. With an IT in­fra­struc­ture de­vel­oped by Cisco, BSE has stayed ahead of the com­pe­ti­tion while achiev­ing low la­tency and seam­less con­nec­tiv­ity across the net­work. With a ro­bust Cisco® net­work, BSE has up­graded its en­tire tech­nol­ogy plat­form to con­nect ev­ery­thing from trad­ing sys­tems to phys­i­cal se­cu­rity de­vices, and phones to ra­dios. When one phys­i­cal sys­tem de­tects an un­usual event, it in­structs other sys­tems to take im­me­di­ate ac­tion based on BSE’s rules. Now, trades ex­e­cute sev­eral times faster than the com­pe­ti­tion and in­ci­dent re­sponse times have de­creased. As the na­tion’s pre­ferred multi-as­set fi­nan­cial in­fra­struc­ture, BSE is look­ing to the In­ter­net of Ev­ery­thing (IoE) as an­other way to step ahead. By con­nect­ing peo­ple, process, data, and things to im­prove cus­tomer ex­pe­ri­ences, BSE will cre­ate more value for its share­hold­ers

Ben­e­fits: • Re­main­ing the na­tion’s most pre­ferred multi-as­set fi­nan­cial struc­ture

• Im­prov­ing op­er­a­tional ef­fi­cien­cies Ex­e­cut­ing trades sev­eral times faster than other Asian ex­changes

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