Yaala Labs Implements P8 Platform for Climate Impact X 📈
• Global market infrastructure provider Yaala Labs successfully deployed its cloud-native P8 platform for Climate Impact X (CIX), a major player in environmental products and carbon markets. • The P8 platform now powers CIX’s Exchange and Auction services, unifying all their trading venues (Exchange, Marketplace, Clear, and Auction) onto a single, seamless system. • This key integration provides clients with significant upgrades, including simpler access, faster trade execution and settlement, and enhanced portfolio/custody capabilities for managing environmental contracts. • CIX, headquartered in Singapore with offices in London, is backed by institutional giants like DBS Bank, Singapore Exchange (SGX Group), Japan’s Mizuho Financial Group, and Standard Chartered. • The successful launch demonstrates the global reach and utility of specialized financial technology solutions, reinforcing the expertise within the broader ICT/BPM sector for next-generation market infrastructure.