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ENTERPRISE ARCHITECTURE CONSULTING
Case Study
 
Portal framework for a leading stock exchange
 
 
The idea
Facilitate the companies to provide accurate and timely information to the Stock Exchange to meet regulatory requirements.
 
Return on idea

Provide a portal framework to serve as a gateway for providing all information in a timely manner.

 
The client

A leading stock exchange in USA.

 
Before
Due to increasing regulatory requirements, there is a greater demand on all stakeholders including listed companies and exchanges to submit, evaluate, and ensure the accuracy, timeliness and availability of required information like proxy details, written affirmations, board composition information, dividend payout details etc.

In order to help facilitate and manage the exchange of information as well as support the dissemination of regulatory requirements, a leading Stock Exchange in USA decided to implement a portal.

 
How Wipro helped
Wipro was instrumental in architecting a solution that helped achieve the following functionalities:
Reporting of shares information
Proxy administration
Dividend reporting
Reporting of company and issue details
Director independence determination
 
After

With the portal in place, the Exchange was able to reduce overheads in managing continued listing and regulatory requirements by providing the listed companies with tools to assist them in submitting and filing required information to the exchange on a timely basis. This in turn helped provide a platform that enabled the exchange to accurately forecast revenues derived from continued listing fees as well as efficiently carry out expanded oversight functions.

 

 

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