CSL Stockbrokers has gone live with the Athena IMS platform for order management, trading, operations and execution functions.
The solutions, from CYMBA Technologies, will enable straight through processing of all orders with a fully compliant and accurate workflow process.
The selection of Athena will provide CSL’s retail and institutional clients with benefits such as straight through processing, real-time audit and reporting, and scalability and growth prospects.
Gboyega Balogun, managing director of CSL Stockbrokers, said: “We are excited about this partnership with CYMBA as it will enhance our international franchise whilst instilling international best practices to our local business.”
Karim Ali, managing partner and co-founder at CYMBA, said: “We are delighted that CSL [Stockbrokers has] selected Athena IMS as their key strategic front office platform.”
“Athena will further enable CSL [Stockbrokers] to maintain its lead position as one of the preeminent brokerage firms servicing the African market.”
“We have developed a very close relationship with CSL [Stockbrokers] and we look forward to progressing this further.”
