The Dhaka Times Desk Microsoft and UCB Stock Brokerage Limited recently announced a strategic partnership to use UCB Stock Brokerage's technologies through Microsoft Azure.
Financial services organizations often take a conservative approach to the use of technology, considering the management and protection of sensitive customer information. UCB Stock Brokerage also takes this responsibility very seriously. But they also feel that technological innovations play a positive role in ensuring information security as well as improving customer service and increasing work efficiency. Through this partnership, UCB Stock Brokerage hopes to lead the technological development of the financial services sector.
In this context, Mohammad Rahmat Pasha, Managing Director and Chief Executive of UCB Stock Brokerage Limited said, "Cloud computing is very useful in modernizing the infrastructure and systems of financial sector institutions, and it is also very helpful in handling competitive pressure, regulatory bodies and the growing demands of customers." He also said, "Digitalization It is with this goal in mind that UCB Stock Brokerage has chosen Microsoft as a strategic partner and this partnership will undoubtedly mark a major milestone in adopting a cloud-first approach in the brokerage industry.”
UCB Stock Brokerage is one of the largest stock brokers in Bangladesh and is currently number one in the list of all brokers in Dhaka Stock Exchange. Due to strict compliance, high quality research, corporate access, and timely service delivery, the firm is playing a key role in attracting large foreign portfolio investments in Bangladesh from USA, Europe and Asia. Realizing the potential to increase the number and scale of partnerships in the coming days, UCB Stock Brokerage has decided to leverage Microsoft Cloud to ensure security, scale and development capabilities in its digital infrastructure.
Mohd Tanim Hasan, Head of IT, Innovation Lab and Digital Services Department at UCB Stock Brokerage said, "Cloud based services are the future of the financial services sector and through our partnership with Microsoft, we are taking part in building this future in Bangladesh." He further said, "Microsoft Azure and Microsoft 365 With the leverage we will be able to consistently prioritize customer-centric digitalization and achieve our desired growth. We are optimistic about Microsoft's vision of cloud computing and the quality of information security on this platform.”
UCB Stock Brokerage worked with Microsoft partner Tech One Global to implement a solution roadmap tailored to its needs. As a key partner of Microsoft, Take One Global has been working with content services and modern workplace solutions based on Microsoft technology for more than 18 years.
Thamilselvi Jayaraman, General Manager, Tech One Global Bangladesh said, “We are grateful to have the opportunity to work closely with organizations like UCB Stock Brokerage, as a key partner of Microsoft. We will continue our visible efforts to secure remote infrastructure and strengthen collaboration with large organizations.”
A trusted platform is essential for managing financial services in the cloud. And organizations that continuously strive for technology development will be the ones who will lead the digital sector in the future and will be able to maintain their competitive advantage. Microsoft Azure and Microsoft 365 are also an integrated approach to information security, which will help UCB stock brokerages secure all their identities, data, applications and devices across on-premises, cloud and mobile platforms.
Yusup Farooq, Managing Director, Microsoft Bangladesh, said, “We are delighted to help UCB Stock Brokerage transform the future of their trading and investments on our cloud platform. UCB Stock Brokerage is at the forefront of fin-tech firms and our partnership will help financial services firms better serve their customers with data security.”
UCB Stock Brokerage is listed as a TREC holder in both the Stock Exchanges of Bangladesh – Dhaka Stock Exchange (TREC No-181) and Chittagong Stock Exchange (TREC No-015). The organization has various plans for the future in the field of information technology development. The organization is in the process of implementing complete operational automation through their Order Management System (OMS) and ERP. In addition, the organization is implementing a cloud based data management system (DMS). News bulletins.
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# three-layer cloth mask can be washed if desired.
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