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September 12, 2024

JSE Launches Cloud Marketplace: Debuts Virtual Storefront For Data

The Johannesburg Stock Exchange (JSE) has launched a new online platform called the cloud Marketplace, designed to simplify access to its data products. This initiative, developed in partnership with Data BP, allows clients to purchase various data offerings through a virtual store. This new digital marketplace will serve as the central hub for all JSE data products and services.

Key Features of the Cloud Marketplace

  • Central Hub for Data: The Marketplace will serve as the main location for all JSE data products and services, making it easier for clients to find and acquire what they need.
  • Diverse Data Formats: Clients can access data in multiple formats, facilitating easier integration into their systems.
  • Online Transactions: While the platform aims to streamline online purchases, some processes may still require manual handling initially.
  • Initial Offerings: The Marketplace will start with products like SENS Live and Company Financials Live, which provide real-time SENS updates.

This is just the start. The JSE intends to expand its data offerings further, including

  • Daily summaries of market news.
  • An end-of-day equity product.
  • Historical data for SENS.
  • An AI-driven Company Financials product that highlights key financial information.

This launch represents a significant advancement in the JSE's digital transformation, enhancing its ability to serve clients and reach new markets. The integration of cloud technology is expected to improve the efficiency and reliability of data services in the financial sector, positioning the JSE as a leader in market innovation.

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