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ICS, Nepal Delivers Technology To AHCX, Malawi

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AHL Commodities Exchange Ltd (AHCX), Malawi's first commodity exchange has successfully started live operations from August 6 in Malawi using exchange technology provided by Inter Continental Systems (ICS), Nepal. AHCX is a newly formed commodity exchange in Malawi with the primary objective of providing efficient market place for different kinds of agricultural commodities,with motto of betterment of Malawian agricultural economy and ecosystem. 
 
ICS delivered seamless technology solutions to AHCX for their Electronic Warehouse & Collateral Management System,Client & Membership Management System, Quality Grading & Certification ,Trading Operations System, Risk Management & Surveillance System, Clearing & Settlement System and Market Information System 
 
On an occasion, Santosh Pradhan, CEO, ICS, stated selection by AHCX fully illustrates the breadth of ICSs' capabilities with the provision of exchange, trading, & risk management technology. 
 
Similarly, ERD Matabwa, Chairman , AHCX Board, opined that AHCX selected ICS after a thorough and extensive bid review of many vendors on the market. ICS demonstrated its capability to deliver the solution to their utmost satisfaction.

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