Cosmos Business Systems, in collaboration with its subsidiary in Cyprus, 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 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 the projects is expected to enhance the Commission’s efficiency, reduce the administrative burden, improve transparency, and upgrade the experience of supervised entities and market professionals, contributing to the overall strengthening of its supervisory role.
Mr Nicolas Kolokasides, Country Manager of CBS IT Systems Cyprus, stated:
“We are particularly pleased and proud to have signed the contract for the development of two integrated digital systems for the Cyprus Securities and Exchange Commission (CySEC). Undertaking this project highlights the Cosmos Group’s deep expertise and strong presence in Cyprus. The project is expected to contribute significantly to the modernization of critical supervisory and certification processes, enhancing the efficiency, transparency, and reliability of the Commission’s services.”
