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Wipro & Oracle Implement BSE’s Online Surveillance System

Wipro and Oracle implemented phase – I of the BSE’s Online Surveillance System–integrated (BOSS–i), in August 2005. BOSS–i caters to Bombay Stock Exchange’s (BSE) market vigilance requirements and promotes market integrity by providing trading data in Equities & Derivatives market.

“This is an integrated Market Surveillance System, interfacing with source systems within BSE. Among other benefits, this solution helps us in improving the speed of investigations and catering to regulatory requirements.” said Rajnikant Patel, Managing Director & CEO, BSE.

“Being the premier stock exchange, we chose equally capable partners like Oracle and Wipro Infotech for Memory Rich Database, Integration and Deployment Skills respectively” Patel added.

“It is a matter of great prestige that Wipro has implemented this mission critical solution for India’s premier stock exchange. We are pleased to have implemented such a complex system, which is one of the important tools for achieving the objectives of surveillance. The system helps in detecting potential market abuses in a much efficient manner. This deployment is a testimony of our capabilities in Data Warehousing, Business Intelligence and Domain understanding”, said Rajat Mathur Chief Executive Business Solutions and Head of International Operations, Wipro.


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