Rayan Hamafza Inc (RH), joint Private Stock company was founded in 2006, with the specific goal of
providing state-of-the art solution and services to the Capital Markets in Iran. The main competitive
advantage of RH would be with Online and web-based systems. To achieve this goal, RH founders recruited
well-established IT companies along with well-known brokerages to cooperate in the launch of this new and
forward-thinking business entity.
RH decided to pursue an online application platform based on Linux OS and Oracle database in anticipation
of large-scale traffic and utilization. This decision proved to be pivotal in the success of the company offerings
among the brokers, the initial target customers of RH. RH has been able to utilize its own state-of-the-art data
center with the latest hardware to provide hosted services for its customers. With this online system, RH is offering
the brokers and their customers online access to their system from anywhere in the world, via Internet.
RH is also able to track the order and sequence of buy and sell requests online, hence preserving the priority
of customer requests online. This feature is unique to RH's online platform in Iran
Another main competitive advantage of RH is that it has outsourced all of its application development to Varanegar
Consulting Group, one of its shareholders. This has
allowed the management to focus solely on marketing, sales and support activities and VNCG is handling all
the new product development and maintenance. RH & VNCG currently employs 60 professionals who all
experienced in the brokerage and IT industries. More