Ramasoft pioneering initiative: Grand presentation of the Stock exchange museum's economic history portal at the Festetics palace
Ramasoft Data Services and IT Plc.'s latest and extraordinary project, the Stock Exchange Museum's economic history portal, was presented on January 18, 2024, at the Festetics palace, within the framework of the Stock exchange museum conference. The event coincided with the 160th anniversary of the establishment of the Budapest Commodity and Stock Exchange, and fittingly paid tribute to Hungarian economic history.
Ramasoft, renowned in the field of banking and stock exchange software development, introduced itself in a new area with this initiative. The project was led by Dr. Márton Radnai, the company's founding owner, and was realized in three phases. In the first phase, stock price and dividend data were processed, in the second phase the databases were uploaded to the portal, and in the third phase, the history of the top 100 stock exchange companies and their leaders was compiled.
The Stock exchange museum portal not only reveals the history of stock exchange companies and the life paths of their leaders but also analyzes the returns of Hungarian stocks. According to the data, between 1864 and 1913, Hungarian stocks achieved an average annual return of 8.41 percent, which is outstanding in international comparison.
Dr. Márton Pelles, the project's research leader, highlighted the challenges of using different currencies in trading, and that the research into the history of the top 100 companies is still ongoing. The Stock exchange museum portal offers an insight into Hungarian economic history and is expected to attract significant interest from both the professional community and the general public. Ramasoft is proud to contribute to the preservation of Hungarian economic heritage and the development of economic awareness in new generations with this project.
For more information, please visit the Stock exchange museum's website.