Kuwait Stock Exchange (Fapco Finance)

Background

FAPCOTECH is the leading provider of on-line data broadcast live from the Kuwait Stock Exchange since 1997. Our aim was to enable quick financial decision-making by financial services industry professionals who rely on this data to make crucial decisions on a daily basis. Target customers also included local and international investors.

The Challenge

In 1996, when the KSE service was being developed, the requisite technology and hardware was not available locally. FAPCOTECH recognized the power of the internet to broadcast critical Live Trading information and invested in building the whole platform on SUN technologies.

The Solution

As this was a mission-critical system, FAPCOTECH opted for a UNIX platform with SUN Servers clustered for high availability and disaster recovery. This solution was also selected for its scalability – the subscription base has been successfully increased by over 80% over the last 8 years.

The Benefits

The KSE solution…

  • Provides up-to-date, live stock and trade information
  • Offers a graphical display of all trades and historical analyses
  • Provides listed company information with financial statements
  • Makes available to users research reports and other reporting features

The Technology

FAPCOTECH's solution utilized the following technology:-

  • Development: Perl; PHP; Java; JSP
  • Database: MySQL
  • Data Broadcast: FAPCOTECH Proprietary
  • O/S: Linux & UNIX
  • Hardware: Intel; SUN

Click the link, to visit the web site www.fapcofinance.com

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Tel.: (965) 22261080, 22420416/26, 22403847, Fax.: (965) 22420427
Email : info@fapcotech.com, P.O. Box 21835 Safat 13079 Kuwait
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