JSE Partners with big xyt to Launch New Data Analytics Platform

The Johannesburg Stock Exchange (JSE), the largest stock exchange in Africa, announced the deployment of an innovative new information service leveraging big xyt's Liquidity Cockpit for security analytics. big xyt is an independent provider of smart data and analytics solutions to the global trading and investment community.

The analytics offering, named JSE Trade Explorer, will be delivered directly to trading participants of the exchange's cash equity and ETF markets (including the exchange's members and their clients, and eventually issuers) under a white labelling arrangement. As the tools are fully hosted and web-based, the new service is highly accessible without the need for IT integration or support by end users. 

With listings of major global names, and providing unique access to African growth stocks, the JSE provides an important hub for investors to participate in the rapid development of the continent's economy. By providing easy access to big xyt's sophisticated and data analytics solutions, the JSE is establishing a marker of excellence in the provision of information services that underpin the investment process.

"Our clients are increasingly aware of the importance of data analytics and are hungry for solutions that can deliver trusted and actionable support to their own bottom line. This is an opportune time to introduce this service to our clients, as we believe it will help our member firms to promote their competitive advantages and unique selling propositions,"said Mark Randall, Director of Information Services at the JSE.

Richard Hills, Head of Client Engagement at big xyt said:"This highly innovative initiative puts the JSE at the forefront of the global exchanges community in providing easy access to complex analytics on a daily basis. The JSE has raised the bar in terms of the scope and quality of information services provided to their stakeholders. We are proud to have partnered with them on developing this new offering for the industry."