Nairobi Securities Exchange (NSE), the largest securities exchange in East Africa, has entered into a multi year partnership with InfoTech Group to modernize its core capital markets infrastructure as part of a broader effort to enhance market efficiency, transparency, resilience, and scalability. The agreement represents a major technology modernization initiative for Kenya’s financial markets and is aimed at strengthening NSE’s position as a leading regional platform for capital formation, investor participation, and financial innovation. Under the partnership, NSE will deploy a fully integrated suite of capital markets technologies developed by InfoTech Group, including the Capizar Automated Trading System, Capizar Market Surveillance System, and Capizar Clearing and Depository System. The implementation program is scheduled to be completed within nine months, reflecting an accelerated deployment timeline aligned with NSE’s strategic priorities and long term market development objectives.
The modernization project is designed to provide NSE with a more advanced and integrated technology environment capable of supporting growing market activity and evolving regulatory expectations. The new infrastructure will combine trading, surveillance, clearing, and depository operations into a unified framework, enabling improved operational efficiency and greater transparency across the exchange ecosystem. The initiative comes at a time when capital markets worldwide are increasingly investing in digital infrastructure to support higher transaction volumes, improve investor confidence, and strengthen oversight capabilities. Through the deployment of InfoTech Group’s Capizar platform suite, NSE aims to establish a resilient technology foundation capable of supporting future growth while meeting the demands of modern financial markets. The project also reflects broader developments across emerging and frontier markets where exchanges are focusing on technology driven modernization to improve competitiveness and attract greater investor participation.
InfoTech Group brings more than three decades of enterprise technology experience to the engagement, including over twenty years of delivering capital markets solutions to stock exchanges, central depositories, clearing houses, and regulatory institutions across Asia, Africa, and the Middle East. Its flagship Capizar platform is already operational in multiple jurisdictions and has evolved over successive market cycles to address the changing requirements of increasingly digital and interconnected financial ecosystems. Beyond technology deployment, the partnership emphasizes knowledge transfer, local capability development, and long term collaboration. Industry observers have increasingly noted a shift in capital markets modernization projects toward strategic partnerships that focus not only on system implementation but also on building sustainable operational expertise and institutional capacity. This approach is particularly relevant for rapidly developing financial markets seeking to strengthen domestic capabilities while adopting globally recognized technologies and operational standards.
Commenting on the initiative, NSE Chief Executive Officer Frank Mwiti described the infrastructure upgrade program as a key component of the exchange’s 2025 to 2029 strategic plan. He noted that the enhanced technology environment will support greater market accessibility, operational efficiency, product innovation, and the delivery of advanced services to issuers, investors, and other market participants. InfoTech Group President and Chief Executive Officer Naseer Ahmad Akhtar said the company was honored to receive the mandate and emphasized the importance of partnership, local capacity building, and long term commitment in developing enduring market infrastructure. The collaboration reflects a shared objective between both organizations to strengthen Kenya’s capital markets ecosystem and provide a technology platform capable of supporting future market growth. As East Africa continues to experience increased investor participation, accelerating digital transformation, and growing economic significance, initiatives such as this are playing an important role in supporting the region’s ambitions to build globally competitive financial market infrastructure.
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