Viral Davda, a professional with more than 20 years of experience, has been appointed as Deputy Chief Information Officer (CIO) at Bombay Stock Exchange Limited (BSE). This is a major career milestone for him as it signifies how BSE is committed to advancing its technology setup to keep pace with changing market needs.
Davda brings a wealth of experience from his tenure at the National Commodity & Derivatives Exchange Limited (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. His work was recognized with the coveted “CTO of the Year” award in the NBFC category at the 2022 BFSI Technology Excellence Awards.
At BSE, Davda will be utilizing his extensive 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 infrastructures 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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This announcement reflects BSE’s dedication to building a future-ready infrastructure capable of meeting the demands of modern financial markets while ensuring seamless operations and scalability.
