This strategic partnership signifies JSE’s commitment to drive efficiencies and an inclusive cloud-based marketplace.
South Africa’s stock exchange, JSE, has inked a deal with Amazon Web Services to modernise its technology, including delivering real-time market data in the cloud.
JSE CEO Leila Fourie said, “The deal with AWS is not only about modernising stock market infrastructure. We are setting new standards for the industry, ensuring that our markets are more inclusive, efficient and prepared for the future.”
Tanuja Randery, MD of AWS in Europe, the Middle East and Africa, said, “The JSE’s commitment to drive efficiencies and an inclusive cloud-based marketplace has the potential to transform the way capital markets operate in South Africa.”
The modernisation from a legacy mainframe application will provide broker-dealers with improved modern architecture for more flexible integration with the JSE.
