The Capital Markets Authority (CMA), the government agency in charge of Kenya’s financial markets, is seeking ICT specialists to develop its Information and Communication Technologies (ICT) framework.
As Kenya develops into a major financial hub for fintech companies, CMA is upgrading its IT infrastructure to increase efficiency in the capital markets, ensure sound market infrastructure, and improve the effectiveness of the market regulator.
A statement on the CMA website reads, “The Authority seeks and invites proposals from qualified consultants that are specialized in Enterprise Architecture Framework development and implementation”.
Enterprise architecture, according to UK’s Tech magazine – CIO, is, “the process by which organizations standardize and organize IT infrastructure to align with business goals. These strategies support digital transformation, IT growth and the modernization of IT as a department”.
By developing the ICT framework, CMA aims to lower its IT maintenance costs, increase accessibility, and the security of its web-based applications, integrate its system to the NSE and CDSC systems, and facilitate the easier upgrade of computer software and hardware at the Authority.
CMA has outlined some of the requirements for the IT specialists which include; a copy of the certificate of incorporation, a copy of valid tax compliance certificate, a valid business permit, and at least 5 years of experience providing similar services.
Companies that meet the listed requirements are invited to submit their proposals to the CMA office in Upperhill Nairobi by 19th March 2021.
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