A Roadmap for Integrated Information Systems in Capital Markets: Case of Turkey

Meltem Ozturan, Dogac Senol, Gulsah Yilmaz, Cem Osken and Sezay Demirbacak

International Journal of Financial Markets, 2016, vol. 2, issue 3, 94-108

Abstract: Increase in processing, communication and integration capabilities of information systems also benefited capital markets as much as other financial services. Exchanges and post-trade service firms widely recognize the fact that the speed and integrity demands of the investors are more easily satisfied by integrating the heterogeneous systems. This research aims to propose a three stage roadmap to explore the possibilities of achieving a higher level of integration between the three main actors of the capital markets of Turkey; namely Borsa Istanbul Inc. that is responsible for order collection, order matching and execution, Takas bank that provides settlement, clearing and custody services within Turkish capital markets, and Central Registry Agency Inc. which is the central securities depository institution of Turkey. This three stage roadmap includes establishment of a capital markets technology firm, unification of application portfolios and unification of data centers.

Keywords: Information systems integration; Capital markets; Mergers and acquisitions (search for similar items in EconPapers)
Date: 2016
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://rassweb.org/admin/pages/ResearchPapers/Paper%204_1495832538.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rss:jnljfm:v2i3p4

Access Statistics for this article

More articles in International Journal of Financial Markets from Research Academy of Social Sciences
Bibliographic data for series maintained by Danish Khalil ().