[kictanet] Commodity Exchange System

[Agosta Liko]

Robert.

We usually don't get those contracts because the buying bodies prefer
to get software that's tried / tested / proven .... and rightly so.

The way I look at this - as a manager, if I was to choose between a
local vendor who would have to develop from scratch and a foreign
vendor whose solution is running lets say 30 clients .... I would pick
the foreign vendor 99 out of 100 times.

Its all about risk ... and as we all know "No one ever got fired for
buying IBM" ( http://bit.ly/amN6sl )

:)



On Tue, Sep 21, 2010 at 1:22 PM, robert yawe <robertyawe at yahoo.co.uk> wrote:
> Hi,
> The National Cereals and Produce Board together with the East African Grain
> Council are working towards the creation of a commodity exchange to trade
> futures.
> This process is at an advanced stage which begun with a process called
> warehouse receipting and currently Equity Bank offers credit against the
> receipts.
> What does this have to do with us in the IT field?  When the Nairobi Stock
> Exchange tendered for the automated trading system (ATS) and more recently
> for the Broker Back-office System no local IT company made it past the 1st
> round.
> The fact that companies like Virtual City are winning international awards
> for systems development and others like PesaPal are receiving large direct
> foreign investments means that we do have the skills to develop world class
> solutions.
> This is an appeal to all ICT experts in the country to prepare ourselves to
> make sure that the grain exchange system is locally developed and we stop
> being spectators in our own country.  I know it is said that a prophet is
> never recognised in his own town, it is time we made this phrase redundant.
> NCPB and others are already shopping overseas for a solution so be warned
> that time is not in our hands and if we are to have an impact we need to
> move quickly.
> The proposed system is supposed to provide a trading platform, depository
> system, GIS for land information, settlement system, warehouse management,
> weather monitoring and seed planting information system (acreage, seed type,
> fertiliser, etc).
> Lets get off our high horses and put a together a world class solution for a
> local problem.  No tears after the horse has bolted.
> Useful links
> http://dn.nationmedia.com/DN/DN/2010/09/03/ArticleHtmls/03_09_2010_030_014.shtml
> http://allafrica.com/stories/200904271171.html
> http://www.ratin.net/mainfeature.asp?id=40
> http://www.monitor.co.ug/Business/Smart%20Money/-/688614/899436/-/bypmdxz/-/index.html
> http://www.unctad.info/upload/SUC/LusakaWorkshop/WarehouseServicesKenya.pdf
>
> Robert Yawe
> KAY System Technologies Ltd
> Phoenix House, 6th Floor
> P O Box 55806 Nairobi, 00200
> Kenya
>
> Tel: +254722511225, +254202010696
>
>
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