Information Systems Strategy at the Toronto Stock Exchange Essay

The exchange industry is undergoing a transformation brought about by globalisation of financial markets, consolidation of exchanges, and the introduction of new competitive players due to technological advancements. The Toronto Stock Exchange (TSE) is Canadas largest equity market and has created and started to implement a project to deal with these threats. Concurrently, the TSE has been recreating its technological platform, moving from its computer assisted trading governance to the Torex system purchased from the Paris Bourse.Implementation problems have delayed the project from its original plow date to three years 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 take to ensure the successful implementation of this new technology, and the long term alignment of info rmation technology with TSE business strategies.The main issues for the Toronto Stock Exchang (TSE) caller-out has been task of reconstructing the TSE to succeed in the face of significant industry and technological change.The recommendation for this case would be to focus on the security and the problems related to the system TOREX. Indeed, in this domain programs.