Azerbaijan Modernizes Their Capital Markets Infrastructure with Montran
Retrieved on:
Wednesday, April 5, 2023
BAKU, Azerbaijan, April 5, 2023 /PRNewswire/ -- The National Depository Center (NDC) of the Republic of Azerbaijan, The Baku Stock Exchange (BSE), and Montran announced the successful implementation of "CEDAR", NDC's Central Securities Depository (CSD) platform, and "BETP", BSE's Trading System. These new platforms mark an important landmark in the modernization of the Azerbaijani Capital Markets Infrastructure, providing the country with state-of-the-art solutions for sustainable securities market management.
Key Points:
- These new platforms mark an important landmark in the modernization of the Azerbaijani Capital Markets Infrastructure, providing the country with state-of-the-art solutions for sustainable securities market management.
- According to Mr. Adishirin Gasimov, Chairman of the Executive Board of NDC, "the successful implementation of these new platforms is a major milestone in upgrading the Capital Markets Infrastructure in Azerbaijan."
- "The Central Securities Depository, Trading System, and Investor Portal products allow a robust and fully integrated solution for the complete Capital Markets ecosystem in Azerbaijan.
- Montran is confident these modern platforms will bring efficiency and allow a fast and streamlined integration for all stakeholders," said Ms. Raegan Esca, Montran Europe General Manager.