{"id":7607,"date":"2026-03-06T10:59:51","date_gmt":"2026-03-06T10:59:51","guid":{"rendered":"https:\/\/cbsit.com.cy\/?p=7607"},"modified":"2026-04-21T09:59:44","modified_gmt":"2026-04-21T09:59:44","slug":"cosmos-business-systems-to-develop-information-systems-for-the-cyprus-securities-and-exchange-commission-cysec","status":"publish","type":"post","link":"https:\/\/cbsit.com.cy\/en\/cosmos-business-systems-to-develop-information-systems-for-the-cyprus-securities-and-exchange-commission-cysec\/","title":{"rendered":"Cosmos Business Systems undertakes the development of two Information Systems for the CySEC"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"813\" height=\"402\" src=\"https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/03\/image.png\" alt=\"\" class=\"wp-image-7603\" srcset=\"https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/03\/image.png 813w, https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/03\/image-300x148.png 300w, https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/03\/image-768x380.png 768w\" sizes=\"auto, (max-width: 813px) 100vw, 813px\" \/><\/figure>\n\n\n\n<p>Cosmos Business Systems, in collaboration with its Cyprus subsidiary CBS IT Systems Cyprus, has signed a contract with the <strong>Cyprus Securities and Exchange Commission (CySEC)<\/strong> for the development and technical support of two integrated information systems.<\/p>\n\n\n\n<p>The projects include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u201cProject ELSA\u201d<\/strong>: a platform that will facilitate the onboarding process of CySEC\u2019s supervised entities and support the continuous updating of procedures and regulatory requirements.<\/li>\n\n\n\n<li><strong>\u201cProject CPS\u201d<\/strong>: a platform designed to modernize the certification process, manage seminars and examinations, and maintain a comprehensive registry for individuals participating in CySEC examinations.<\/li>\n<\/ul>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>The implementation of these projects is expected to enhance the Commission\u2019s 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.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"314\" height=\"372\" src=\"https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/02\/\u03b5\u03b9\u03ba\u03cc\u03bd\u03b1-1.png\" alt=\"\" class=\"wp-image-7561\" style=\"width:365px;height:auto\" srcset=\"https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/02\/\u03b5\u03b9\u03ba\u03cc\u03bd\u03b1-1.png 314w, https:\/\/cbsit.com.cy\/wp-content\/uploads\/2026\/02\/\u03b5\u03b9\u03ba\u03cc\u03bd\u03b1-1-253x300.png 253w\" sizes=\"auto, (max-width: 314px) 100vw, 314px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>Mr. <strong>Nikolas Kolokasidis<\/strong>, Country Manager of CBS IT Systems Cyprus, stated:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe 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 \u2013 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\u2019s services.\u201d<\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7603,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[23],"tags":[190,194],"class_list":["post-7607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-cbs-it-en","tag-kypros-2-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cosmos Business Systems undertakes the development of two Information Systems for the CySEC - CBS IT Cyprus<\/title>\n<meta name=\"description\" content=\"Cosmos Business Systems, in collaboration with its Cyprus subsidiary CBS IT Systems Cyprus, has signed a contract with the 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