Cosmos Business Systems, in collaboration with its Cyprus subsidiary CBS IT Systems Cyprus, has signed a contract with the Cyprus Securities and Exchange Commission (CySEC) for the development and technical support of two integrated information systems.
The projects include:
The contract covers the development and delivery of the information systems, as well as the provision of maintenance and operational support services, ensuring their stable, secure, and efficient operation.
The implementation of these projects is expected to enhance the Commission’s operational efficiency, reduce administrative workload, improve transparency, and upgrade the experience of supervised entities and market professionals, contributing to the overall strengthening of its supervisory role.
Mr. Nikolas Kolokasidis, Country Manager of CBS IT Systems Cyprus, stated:
“We are particularly pleased and proud to sign the contract for the development of these two integrated digital systems for the Cyprus Securities and Exchange Commission – CySEC. Undertaking this project highlights the deep expertise and strong presence of the Cosmos Group in Cyprus. The project is expected to contribute significantly to the modernization of critical supervisory and certification procedures, strengthening the efficiency, transparency, and reliability of the Commission’s services.”
