Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Johannesburg Stock Exchange
World exchanges

Johannesburg Stock Exchange launches updated version of Colo 2.0 system

23.11.2024
2 min read

Johannesburg Stock Exchange expands capabilities of cloud-based solution

The Johannesburg Stock Exchange (JSE) has announced a new phase of strategic collaboration with Beeks. The latter provides cloud computing services and connectivity support to the financial markets. As part of the partnership, the vendor will deploy Beeks’ Exchange Cloud solution at the exchange’s data centre. The move will enhance the functionality of the exchange’s Colo 2.0 product. A key benefit of the new solution is the ability to provide disaster recovery from two locations.

Colo 2.0 features

Colo 2.0 is a managed infrastructure based on Beeks’ Exchange cloud. It is worth noting that IPC, one of the leading e-commerce service providers, participated in creating the latter. This enables the Johannesburg Stock Exchange to offer its customers hosting and connectivity services. The solution provides access to a private cloud and analytics.
The specialists integrated the updated version of the Colo 2.0 service into the data center infrastructure. In this way, the platform aims to increase the operational flexibility of its activities. The industry collaboration with Beeks will help achieve these goals. Its solutions meet the regulatory requirements of financial institutions and guarantee security and convenience for customers.Johannesburg Stock Exchange cloud solutionsThe benefits of the new version of Colo:
– it gives Beeks’ Exchange Cloud the ability to scale;
– the IaaS structure allows the solution to be hosted directly in data centres;
– this option improves responsiveness to market changes;
– Colo 2.0 improves the efficiency of JSE operations;
– it ensures high performance.
The Johannesburg Stock Exchange launched Colo 2.0 in September 2023. In March 2024, the companies continued to work together on this enhancement in response to strong demand from the financial sector.
A vital benefit of the updated version is greater adaptability to changing market needs. This will enable the exchange to offer a high level of service and competitive terms of cooperation.

Perspectives of the solution

The partnership between Beeks and the JSE points to a growing trend in the use of cloud-based products for financial markets. This has been the case in a number of regions, such as Africa, where digital infrastructure has only been on the rise. The cloud provides infrastructure resilience, which is critical for emerging markets. Beeks’ expertise has given the exchange plenty of opportunities to improve its flexibility in a volatile environment.
The service provider pays particular attention to security. And Beeks’ and the JSE’s solutions ensure that data is protected without compromising performance.
Johannesburg Exchange customers have already seen the benefits of the Colo 2.0 cloud solution. The upgraded version offers an expanded range of services through integration with data centre processes. The exchange’s management is confident that the changes will be appreciated and will increase confidence in the operator.

Tags: World exchanges
0
Previous Post A2A payments have found a second lease on life in today's market Next Post KMO-Fleet's innovative mining technologies, backed by investors

You Might Also Like

Independent Reserve and DBS have been licensed by MAS Singapore
World exchanges
Independent Reserve and DBS are licensed to operate in the Singapore market
04.06.2022
The SIX Swiss Exchange-2
World exchanges
SIX Swiss Exchange: Overview of the trading platform
07.11.2024
Laos cryptocurrency exchanges
World exchanges
Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
24.06.2022
Nasdaq Digital Asset
World exchanges
The New York Stock Exchange has launched the Nasdaq Digital Asset Team
26.11.2022
St. Petersburg Stock Exchange
World exchanges
Trading volumes on the St. Petersburg Stock Exchange are growing: an overview on the stock market
07.10.2021
preparing to launch
World exchanges
Philippine Stock Exchange prepares to launch operations with cryptocurrencies
16.03.2022

Popular Posts

  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics