Doha Securities Market (DSM) in Qatar has deployed TIBCO Software’s composite application based on TIBCO’s SOA software.
“Effective use of advanced IT infrastructure has long been a key component of DSM’s IT strategy, and the implementation of an Enterprise Portal supported by TIBCO’s SOA infrastructure is a logical progression,” says Mohsin Mujtaba, consultant, markets integration and technology at DSM. “We are in a unique position in the regional securities market, and TIBCO’s technology allows us to provide high-quality exchange services and manage high volumes. The use of web services through the portal allowed us to handle 10 times more transactions in the clearing settlement and depository system during a recent GCC wide listing. We are providing a real-time streaming stock quote service to our end-users through the web, with unrivalled speed and delivery in the region.”
DSM required a web-based, enterprise-wide portal solution to support anenvironment for business-to-business, business-to-customer, business-to-employee and business-to-government activities. This new portal forms the basis for delivering e-Commerce services and products to its users. DSM also provides access to brokers and banks with virtual transaction and settlements services, live stock quotes, market trends and analytics.