The Central Securities Clearing System (CSCS) Plc has unveiled RegConnect Version 2, 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. The new version is set to go live on February 28, 2025.
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.
According to Haruna Jalo-Waziri, MD/CEO of CSCS Plc, “The launch of RegConnect Version 2 represents our unwavering dedication to transforming the Nigerian capital market through technology-driven solutions.”
Designed after an extensive review of CSCS’s operations and interactions with Registrars, RegConnect Version 2 addresses critical industry challenges.
The new platform not only bridges the gap but also introduces state-of-the-art features to ensure seamless and efficient data exchange.
CSCS remains steadfast in its mission to deliver cutting-edge solutions that strengthen the Nigerian capital market and improve the overall experience for its participants.
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