Information Systems Strategy at the Toronto Stock Exchange Essay

The exchange industry is undergoing a transubstantiation brought about by globalization of financial markets, consolidation of exchanges, and the introduction of bleak competitive players due to proficient advancements. The Toronto Stock Exchange (TSE) is Canadas largest virtue market and has created and started to implement a plan to deal with these threats. Concurrently, the TSE has been recreating its technological platform, despicable from its computer assisted trading system to the Torex system purchased from the Paris Bourse. carrying out problems have delayed the project from its original release date to collar years later. During the time frame of this implementation, the TSE suffered several computer glitches causing check of the exchange for temporary periods of time. The president and CEO needs to review the priorities of the TSE and fill what actions she should take to ensure the successful implementation of this new technology, and the long marches alignment of information technology with TSE business strategies.The main issues for the Toronto Stock Exchang (TSE) community has been task of reconstructing the TSE to succeed in the face of significant industry and technological change.The recommendation for this case would be to focus on the security and the problems related to to the system TOREX. Indeed, in this domain programs.