SAIC to feature international technology partners

27 April 2015 05:29 am

The South Asian Investment Conference (SAIC) organised by the Colombo Stock Exchange (CSE) in association with the South Asian Federation of Exchanges (SAFE), will take place today at the Galadari Hotel, Colombo. 
Minister of Finance Ravi Karunanayake, Deputy Minister of Policy Planning, Economic Affairs Dr. Harsha De Silva, Chairman of the Securities and Exchange Commission of Sri Lanka Tilak Karunaratne and Chairman of the Colombo Stock Exchange Vajira Kulatilaka will address the audience at the inaugural ceremony.  
Chairman of the South Asian Federation of Exchanges  Dr. Muhammad Abdul Mazid and the Secretary General of SAFE Aftab Ahmed will also attend the inaugural ceremony and feature presentations in the technical sessions. 
Representatives from the diplomatic core will also be present for the inaugural ceremony. 
The Conference will see the participation of a host of international technology partners, collaborating together with regional exchanges to discuss the potential of leveraging technology in order to better secure and execute capital market operations. 
The technical sessions attended by representatives from a host of regional exchanges, will feature presentations by Thomson Reuters, Millenium IT partner of the London Stock Exchange Group and NASDAQ. 
“MillenniumIT is proud to be a partner of this year’s SAIC conference. We are strongly committed to the South Asian region, where we base our global operations. Our deployments at the Colombo, Mauritius and Chittagong exchanges as well as the Indian Commodities Exchange, ACE commodities exchange, and our ongoing project with NCDEX give us a deep understanding of the market and technological requirements in the region, and we develop solutions which are optimally suited for these markets, ” MillenniumIT CEO Mack Gill said. 
 “We are delighted to join our industry peers and regional leaders at the SAIC 2015,” said Robert Fröjd, Managing Director and Regional Manager of Southeast Asia, South Asia and Pacific Region, Nasdaq. “The economies of South Asia have a vast amount of opportunity given its young workforce and potential synergies via cross-border integration. Nasdaq looks forward to exploring new opportunities to support the growth of the region’s capital markets,” NASDAQ Regional Head Robert Fröjd said. The Governor of the Province of Yuaan China and the Chairman and delegates from the China Kunming International Finance and Logistics Corporation  China will also be attending the conference. 
Local Capital Market representatives, including CEO’s from CSE member firms and CEOs from Unit Trusts and other market intermediaries will also attend the event. 
The sponsors of the SAIC are Thomson Reuters, MillenniumIT, Treet Corporation Limited, the Chittagong Stock Exchange, NDB Bank , BNP Paribas, Cyan Limited, Efu General Insurance, Hascol Petroleum, AKD Securities and Softlogic Stockbrokers and Lanka Securities (Bronze sponsor for the cultural night ).