• Advertise
  • Jobs
  • Freelance Gigs
  • Motoring
  • Money
Thursday, May 26, 2022
  • Login
  • Startups
    • About US
  • Reviews
  • Business
  • Motoring
  • Blockchain
    • Crypto News
  • Insider
    • Obituaries
  • Women
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Columnists
No Result
View All Result
  • Startups
    • About US
  • Reviews
  • Business
  • Motoring
  • Blockchain
    • Crypto News
  • Insider
    • Obituaries
  • Women
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Columnists
No Result
View All Result
TechMoran
No Result
View All Result
Home Business

South African Software Firm Develops Dar es Salaam Stock Exchange System in Weeks

The MD of STT Michelle Janke and the CEO of the DSE Moremi Marwa shake hands as the system goes live for the first time at the Tanzanian Exchange
The MD of STT Michelle Janke and the CEO of the DSE Moremi Marwa shake hands as the system goes live for the first time at the Tanzanian Exchange

In just eight weeks, South Africa’s Securities and Trading Technology (STT), a trading, clearing and settlement technology firm has build the Dar es Salaam Stock Exchange (DSE) system from start to finish.

According to Moremi Marwa, CEO of DSE, “This is another milestone to our National Exchange – we have not only achieved to excuted this in the shortest period possible but we also have managed to procure a system that seemlessly intergrate our automated trading platform with the central securities depository and the National Payment System through SWIFT interface – this means we have now achieved a true Delivery versus Payment (DVP) and hence risk management assurance to our investors.

The DSE is said to be more efficient and has more products and aims to increase the accessability via mobile, internet and sms trading facilities.

Michelle Janke, MD of STT said the Tanzanian Exchange becomes STT’s third Exchange to go-live with STT’s integrated Exchange Solution. The DSE is STT’s first African Exchange to go-live with STT’s Equities platform as well as its Central Securities Depository (CSD) system.

Founded in 1985 in South Africa, STT develops financial market software solutions for banks, brokers, insurance companies, trading houses, corporate treasury operations and central securities depository participants among others.

Readers 2,442

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Sam Wakoba

Sam Wakoba

Taking you on tour through Africa's tech ecosystem, one startup at a time! editor@techmoran.com.

Related Posts

Esaal, Egypt’s online health and wellness platform raises $1.7M to expand across the MENA region
Startups

Esaal, Egypt’s online health and wellness platform raises $1.7M to expand across the MENA region

by James Musoba
May 26, 2022
0

Esaal, Egypt's online health and wellness platform, has raised $1.7M seed funding round to scale its expansion across the MENA...

GSMA improves Women’s Digital Safety with Mobile Tokenisation 
Startups

GSMA improves Women’s Digital Safety with Mobile Tokenisation 

by Contributor
May 26, 2022
0

  By Ashley Olson Onyango, Head of Financial Inclusion and AgriTech  The start of the COVID-19 pandemic accelerated the shift...

Equity bank rolls out chatbot on WhatsApp, Facebook Messenger, and Telegram.
Startups

Equity bank rolls out chatbot on WhatsApp, Facebook Messenger, and Telegram.

by Weddy Thuranira
May 25, 2022
0

Equity has launched Equity Virtual Assistant (EVA), the bank's chat banking tool that transforms financial services into virtual conversations on...

Kenyan ride-hailing company Little  ventures into the logistics business.

Kenyan ride-hailing company Little ventures into the logistics business.

May 25, 2022
SA edtech Startup FoondaMate raises $2M Seed funding  to scale its AI-powered Learning Chatbot.

SA edtech Startup FoondaMate raises $2M Seed funding to scale its AI-powered Learning Chatbot.

May 25, 2022
KCB appoints Paul Russo as Group CEO

KCB appoints Paul Russo as Group CEO

May 24, 2022
Please login to join discussion
  • Advertise
  • Jobs
  • Freelance Gigs
  • Motoring
  • Money

© 2022 TechMoran Ltd, All Rights Reserved.

No Result
View All Result
  • Startups
    • About US
  • Reviews
  • Business
  • Motoring
  • Blockchain
    • Crypto News
  • Insider
    • Obituaries
  • Women
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Columnists

© 2022 TechMoran Ltd, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version
 

Loading Comments...
 

You must be logged in to post a comment.

    %d bloggers like this: