Nintex Case Studies Tel Aviv Stock Exchange Streamlines IPO Process with Nintex Automation

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	Tel Aviv Stock Exchange Streamlines IPO Process with Nintex Automation Nintex

Tel Aviv Stock Exchange Streamlines IPO Process with Nintex Automation

Nintex

Technology Category	Infrastructure as a Service (IaaS) - Private Cloud Infrastructure as a Service (IaaS) - Public Cloud
Applicable Industries	Equipment & Machinery Paper & Pulp
Use Cases	Inventory Management Time Sensitive Networking
Services	System Integration
Challenge	The Tel Aviv Stock Exchange was grappling with a manual and time-consuming process for registering securities, including Initial Public Offerings (IPOs), secondary offerings, rights offerings, and private placements. The process involved multiple internal and external stakeholders, making it complex and prone to human errors. The registration process for an IPO, in particular, involved several parties including lawyers, underwriters, the company, the stock exchange, and the stock exchange clearing house. The manual process was not only inefficient but also lacked transparency and security, posing operational risks. The exchange was handling over 1,000 applications for the registration of securities annually, making the need for a streamlined and automated process imperative. Read More
About Customer	The Tel Aviv Stock Exchange is a major financial institution based in Israel. It handles over 1,000 applications for the registration of securities for trading through Initial Public Offerings (IPO), secondary offerings, rights offerings, and private placements annually. The exchange is committed to promoting and developing the products and services offered to its customers, using the most advanced technological tools, to develop accessible, economical, and innovative digital platforms. The exchange is also dedicated to promoting the ESG concept among the traded companies. Read More
Solution	In partnership with Nintex partner K2 Israel, the Tel Aviv Stock Exchange implemented a digital system that automated the process of registering issues. This innovative system transformed the IPO process, enabling companies to act quickly and accurately, with improved control over communications between all involved parties. The digital system transitioned the exchange from a manual registration process to an automated digital process, simplifying the complex process and making it more accessible for users. The system provided users the ability to respond quickly to tasks related to the issuance process from anywhere, at any time. It also reduced operational risks and human errors by using digital control tools throughout the entire process. The system ensured that every party involved in the process was identified and received appropriate privileges, enhancing the confidentiality and security of the process. Read More Log in to view content
Contents

Technology Category

Infrastructure as a Service (IaaS) - Private Cloud

Infrastructure as a Service (IaaS) - Public Cloud

Applicable Industries

Equipment & Machinery

Paper & Pulp

Use Cases

Inventory Management

Time Sensitive Networking

Services

System Integration

Challenge

The Tel Aviv Stock Exchange was grappling with a manual and time-consuming process for registering securities, including Initial Public Offerings (IPOs), secondary offerings, rights offerings, and private placements. The process involved multiple internal and external stakeholders, making it complex and prone to human errors. The registration process for an IPO, in particular, involved several parties including lawyers, underwriters, the company, the stock exchange, and the stock exchange clearing house. The manual process was not only inefficient but also lacked transparency and security, posing operational risks. The exchange was handling over 1,000 applications for the registration of securities annually, making the need for a streamlined and automated process imperative.

About Customer

The Tel Aviv Stock Exchange is a major financial institution based in Israel. It handles over 1,000 applications for the registration of securities for trading through Initial Public Offerings (IPO), secondary offerings, rights offerings, and private placements annually. The exchange is committed to promoting and developing the products and services offered to its customers, using the most advanced technological tools, to develop accessible, economical, and innovative digital platforms. The exchange is also dedicated to promoting the ESG concept among the traded companies.

Solution

In partnership with Nintex partner K2 Israel, the Tel Aviv Stock Exchange implemented a digital system that automated the process of registering issues. This innovative system transformed the IPO process, enabling companies to act quickly and accurately, with improved control over communications between all involved parties. The digital system transitioned the exchange from a manual registration process to an automated digital process, simplifying the complex process and making it more accessible for users. The system provided users the ability to respond quickly to tasks related to the issuance process from anywhere, at any time. It also reduced operational risks and human errors by using digital control tools throughout the entire process. The system ensured that every party involved in the process was identified and received appropriate privileges, enhancing the confidentiality and security of the process.

Impact #1	The implementation of the digital system has revolutionized the way the Tel Aviv Stock Exchange handles the registration of securities. The system has not only simplified a complex process but also made it more accessible for users, including issuing companies, lawyers, and underwriters leading the issuance process. It has enabled these stakeholders to operate transparently and efficiently, thereby enhancing the overall efficiency of the exchange. The system has also significantly reduced the duration of the process, enabling companies to act quickly and accurately. Furthermore, the system has enhanced the security and confidentiality of the process by ensuring that every party involved is identified and receives appropriate privileges. The system has also minimized operational risks and human errors, contributing to the overall operational excellence of the exchange.

Impact #1

The implementation of the digital system has revolutionized the way the Tel Aviv Stock Exchange handles the registration of securities. The system has not only simplified a complex process but also made it more accessible for users, including issuing companies, lawyers, and underwriters leading the issuance process. It has enabled these stakeholders to operate transparently and efficiently, thereby enhancing the overall efficiency of the exchange. The system has also significantly reduced the duration of the process, enabling companies to act quickly and accurately. Furthermore, the system has enhanced the security and confidentiality of the process by ensuring that every party involved is identified and receives appropriate privileges. The system has also minimized operational risks and human errors, contributing to the overall operational excellence of the exchange.

Benefit #1	Reduced time to process applications from months to days
Benefit #2	Minimized the use of paper for printing documents, promoting environmental sustainability
Benefit #3	Enabled secure and trackable processes with internal and external stakeholders

Benefit #1

Reduced time to process applications from months to days

Benefit #2

Minimized the use of paper for printing documents, promoting environmental sustainability

Benefit #3

Enabled secure and trackable processes with internal and external stakeholders

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Overview

Tel Aviv Stock Exchange Streamlines IPO Process with Nintex Automation

Operational Impact

Quantitative Benefit