Information Systems Strategy at the Toronto Stock Exchange Essay

The supplant industry is undergoing a transformation brought or so by globalization of financial merchandises, consolidation of exchanges, and the introduction of new emulous players due to technological advancements. The Toronto Stock Exchange (TSE) is Canadas largest equity market and has created and started to implement a plan to deal with these threats. Concurrently, the TSE has been recreating its technological platform, moving from its information processing outline assisted trading system to the Torex system purchased from the Paris Bourse.Implementation problems capture delayed the project from its original release date to three geezerhood later. During the time frame of this implementation, the TSE suffered several computer glitches causing closure of the exchange for temporary periods of time. The president and CEO needs to review the priorities of the TSE and consider what actions she should enquire to ensure the successful implementation of this new technology, a nd the long term confederation of information technology with TSE business strategies.The main issues for the Toronto Stock Exchang (TSE) company has been occupation of reconstructing the TSE to succeed in the face of significant industry and technological change.The testimony for this case would be to focus on the security and the problems related to the system TOREX. Indeed, in this domain programs.