Wednesday, June 21 2017 18:50

ArmInfo. In Yerevan on Nasdaq OMX Armenia an international conference "Financial Technologies in the Exchange Industry" was held, which was held as part of the annual meeting of the International Association of Exchanges of the CIS countries. As the press service of the exchange told ArmInfo, the annual meeting was held on June 15-16 and the first day an international conference was held in which representatives of 23 organizations from 8 countries attended. These include stock exchanges, Central Banks, EBRD, Percival, specializing in software solutions for custody operations, Funderbeam, dealing with crowdfunding-financing, etc.

Within the framework of the the conference, panel discussions were held on the prospects for the development of financial technologies, moderated by Andre Kusvek, the head of the EBRD's Department for Capital and National Currency Market Development. After panel discussions the participants presented their technological solutions, focusing on the exchange of experience and establishing business ties.

Armenia introduced the system of online servicing of the Treasury Depository, acting on the domain gp.minfin.am, which, as an innovative product developed as a result of cooperation with the Ministry of Finance of the Republic of Armenia, allows buying government bonds in an online mode by paying for the tranaction with a bank card.

According to the source, June 15-16 at the annual meeting of the International Association of Exchanges of the CIS countries, the results of the International Association of Exchanges of CIS Countries in 2016 were considered and the planned goals of the forthcoming works were approved.

To recall, the International Association of Exchanges of the CIS was established in Moscow in April 2000 to coordinate efforts to develop organized financial markets in accordance with international standards. The IAE CIS includes 20 organizations from 10 Commonwealth countries that play a key role in servicing mutual financial turnover, currency transactions, state and corporate securities.