InfoTech Group Signs Agreement With West African Monetary Union For Installation Of Cutting-Edge Financial Trading Platform

InfoTech Group is pleased to announce that InfoTech Private Limited has signed an agreement with the West African Monetary Union (UMOA-Titres) for the installation of an Electronic Platform for the Trading and Transaction of Financial Instruments.

As part of this agreement, InfoTech will offer its flagship Capizar®️ Automated Trading System (Capizar®️ ATS) to UMOA-Titres (UT). This includes an integrated online matching engine, a comprehensive off-market & negotiated trade mechanism, securities lending/borrowing, repo along with reverse repo, pre-trade risk management, post-trade reporting, and a market dissemination system for brokers and third-party vendors.

Mr. Muhammad Haris Naseer, COO of InfoTech Private Limited, commented:

"We are privileged to partner with UMOA-Titres on this landmark project for West Africa. As a leading provider of technology solutions with a proven track record of modernizing capital markets across Africa, the Middle East, and South Asia, InfoTech is uniquely positioned to deliver cutting-edge solutions that drive the growth of the region’s financial ecosystem. Our extensive experience in transforming over 17 markets aligns perfectly with UMOA-Titres’ vision for a robust and dynamic capital market. We are excited to collaborate and introduce innovative products that will shape the future of finance in West Africa."