Bombay Stock Exchange (BSE) has appointed Viral Davda as Deputy Chief Information Officer (CIO).
Davda brings a wealth of experience from his tenure at the National Commodity & Derivatives Exchange (NCDEX), where he held various senior leadership roles over 15 years. Recently, he was Chief Technology Officer (CTO) since April 2021. At NCDEX, Davda led many change-making projects, such as transitioning systems to hybrid cloud environments and adopting innovative solutions to improve operational effectiveness.
At BSE, Davda will utilise his experience in technology strategy, innovation and project management to spearhead IT infrastructure developments. The exchange currently processes data ingestion rates of 400GB daily and handles up to 100,000 orders per second—highlighting its robust technological capabilities.
This shift in leadership fits BSE’s long-term vision to empower its IT infrastructure during times of fast-changing market landscapes. With the appointment of a veteran such as Davda, BSE reinforces its emphasis on innovation and business excellence.
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