5 days ago
22
ABUJA – Central Securities Clearing System (CSCS) Plc has announced the launch of RegConnect Version 2, set to go live on February 28, 2025.
A statement from CSCS said, “This is a cutting-edge upgrade to its flagship web-based application designed to enhance operational efficiency and user experience for registrars in the Nigerian capital market.
“RegConnect Version 1 was launched in 2019, and it provided an easy-to-use platform that improved the user experience of registrars when exchanging information.
“By enabling immediate validation of submitted data, it ensured accuracy and reduced processing times.
“Now, RegConnect Version 2 takes this innovation further, setting a new benchmark for efficiency and functionality.
“RegConnect Version 2 introduces several advanced features that redefine user experience and operational efficiency.
“The platform now includes omni-channel capability, allowing users to submit transactions through multiple channels such as file uploads, on-screen interfaces, and APIs.
“The upgraded version also offers seamless API integration, enabling the retrieval of investor portfolio balances, processing of transactions, and spooling of daily advice files.
“A monitoring dashboard has been added to provide an end-to-end view of data exchange processes, ensuring real-time tracking and improved operational efficiency,” the statement explained.
Haruna Jalo-Waziri, the Managing Director/Chief Executive Officer of CSCS Plc, emphasised the company’s commitment to driving innovation in the capital market.
He said: “The launch of RegConnect Version 2 represents our unwavering dedication to transforming the Nigerian Capital Market through technology-driven solutions.
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