Pakistan-based InfoTech Group has signalled interest in supplying software for Bangladesh’s Central Counterparty Bangladesh Limited (CCBL), and the intention was shared at the “Turbo Charging South Asian Capital Markets – Dhaka Chapter” event held at the Sheraton Dhaka on October 7, where policymakers, regulators and market leaders gathered to discuss how digital tools can strengthen exchanges and reduce risk. InfoTech presented its Infiniem Trading and Post-Trade Infrastructure, a cloud-native platform it says can help clearing houses, depositories and exchanges work together more smoothly, and company leaders pointed to projects in countries such as Ghana, Ethiopia, the West African Monetary Union, the East African Community, Zimbabwe and Kenya to show practical experience. A senior Dhaka Stock Exchange official who attended said InfoTech has shown interest in bidding, but that any contract will depend on the formal tender process and the firm’s eligibility. Participants also discussed the history of CCBL, which was formed in 2019 by the Dhaka Stock Exchange, the Chattogram Stock Exchange, the Central Depository Bangladesh Limited and several banks to separate clearing and settlement from trading. The discussion noted that DSE and CSE currently run settlement activities on Nasdaq software while CCBL prepares its own systems, and that earlier procurement rounds had drawn major bidders and a Letter of Intent to a large vendor before plans were revised. The securities regulator has followed the procurement closely and advised that future steps be taken in consultation with major shareholders to keep the process transparent. Speakers at the event, including experienced market advisers, emphasised that stronger post-trade systems can boost investor confidence by reducing settlement delays and making record keeping clearer. They said a modern platform can support higher trade volumes, improve transparency and help local firms meet international standards when they want to link with regional markets. Panelists also suggested that clear tender rules, technical checks for interoperability, robust data security and staged testing will make it easier for a new system to succeed. For market operators and investors, the key message was practical: choose a system that fits local needs, test it in phases, and keep shareholders and the regulator closely involved so rollouts stay smooth. If procurement follows strong rules and the chosen platform meets technical and governance standards, the move could give Bangladesh a more efficient clearing and settlement backbone, support growth in trading, and help the country connect more easily with neighbours’ capital markets. Organisers said open timelines and clear documents will help bidders prepare better offers. Small pilot runs and joint reviews with stakeholders can show what works before a full rollout. These steps can protect investors and speed safe upgrades without disrupting market trading. Wider collaboration can lift regional markets and help local investors.
