In a significant move to strengthen its technological capabilities, the Bombay Stock Exchange (BSE) has appointed Viral Davda as its new Deputy Chief Information Officer (CIO). With over two decades of experience in the tech and financial sectors, Davda’s appointment aligns with BSE’s vision to modernize and scale its IT infrastructure in response to the rapidly evolving financial ecosystem. His proven leadership in managing complex IT transformations and innovations will play a critical role in enhancing BSE’s operational excellence and technological resilience.
Key Highlights – Viral Davda’s Appointment
New Role at BSE
- Appointed as Deputy Chief Information Officer to lead technological advancements at BSE.
Over 20 Years of Experience
- Brings extensive expertise in IT strategy, innovation, and project management.
Previous Role at NCDEX
- Served over 15 years at National Commodity & Derivatives Exchange Limited, including as CTO since April 2021.
Led Key Digital Projects
- Successfully implemented hybrid cloud transitions and introduced innovative IT solutions to optimize operations.
Award-Winning Professional
- Recognized as CTO of the Year (NBFC category) at the 2022 BFSI Technology Excellence Awards.
BSE’s Tech Capabilities
- BSE handles 400GB data ingestion daily and processes 100,000 orders per second, showing high-level IT infrastructure.
Strategic Leadership
- Expected to guide IT infrastructure modernization and boost innovation to meet dynamic market requirements.
Focus on Future-Ready Systems
- Appointment reflects BSE’s goal of building scalable and secure tech systems to handle modern financial challenges.
Summary/Static | Details |
Why in the news? | Viral Davda Appointed Deputy CIO at Bombay Stock Exchange (BSE) |
Appointee | Viral Davda |
Designation | Deputy Chief Information Officer (CIO) |
Organization | Bombay Stock Exchange (BSE) |
Previous Experience | 15+ years at NCDEX, last as Chief Technology Officer (CTO) |
Recognition | CTO of the Year (NBFC) – 2022 BFSI Technology Excellence Awards |
Key Projects at NCDEX | Hybrid cloud adoption, operational innovation |
BSE’s Data Capability | 400GB/day data ingestion, 100,000 orders/sec handling capacity |
Strategic Goal | Strengthen IT infrastructure and support BSE’s vision for innovation |