CSE Mobile App wins at e-Swabhimani Awards 2021

Wednesday, 15 March 2023 00:05 - - {{hitsCtrl.values.hits}}

CSE Chief Information Officer Chandrakanth Jayasinghe and CDS Deputy Head Nadeera Athukorala receiving the award from the Minister and ICTA officials

The Colombo Stock Exchange (CSE) Mobile App was adjudged as a winner, in the category of Business and Commerce, by the e-Swabhimani Grand Jury, at the e-Swabhimani Awards 2021 which was held recently.

The e-Swabhimani is an initiative of the Information Communication Technology Agency (ICTA) of Sri Lanka, aimed at recognising excellence in digital application creation. Launched in year 2009, e-Swabhimani 2021 is the 11th consecutive year of celebration which local digital talents will be recognised and promoted in national and international platforms.

CSE Mobile App is a joint effort of Colombo Stock Exchange (CSE) and Securities and Exchange Commission of Sri Lanka (SEC) and commenced with the objective of identifying measures and mechanisms, required for the Colombo Stock Market to conduct its core activities digitally.

The SEC/CSE joint committee, consisting the representatives of both the CSE and SEC, launched a transformative digital offering through the CSE Mobile App, an end-to-end digital onboarding and online account opening feature.

As for the third phase of Mobile App developments, which took place last year (2022), the committee explored avenues, to bring in investments from retail investors, living outside of Sri Lanka, thus developed infrastructure to offer convenient registration and investment opportunities to foreign investors. Fourteen new features have also been introduced to the Mobile App during its third phase.

Today, the CSE Mobile App, operates in all three languages (Sinhala, English and Tamil) and provides a plethora of services to its users. The opening of a CDS account, educational content about investing and trading, convenient access to CSE stock market reports, corporate news, CSE digital services, all upcoming events such as dividends, capitalisation of reserves, right issues and ability to subscribe to latest Initial Public Offerings (IPOs), are some of them. Through CSE Mobile App’s CDS e-connect, a user could view individual account information and through ‘My CSE’ a user could access to company and market information.