New brand for Johannesburg Stock Exchange
The revitalised brand follows an extensive brand audit where clients, employees and other stakeholders discussed their perception of the exchange and where the exchange needed to focus its energies.
“At the JSE we’ve been doing some serious thinking about our positioning in South Africa and the world. Our visual identity needed to represent our position as a leading African exchange which is driven for stakeholder growth and showcase the strong technology component of the business. It also needed to be more accessible to investors,” said Zeona Jacobs, Director of Issuer and Investor Relations at the JSE.
The JSE partnered with spin company, Interbrand de Villiers on the rebranding project. “Partnering with the JSE on a project as complex and high profile as this was a huge challenge and privilege’, said Jeremy Sampson, Group Executive Chairman of Interbrand Sampson de Villiers. ‘All organisations need to work very hard to stay relevant, be totally in tune with all stakeholders, plan for the future, ensure they look good at all times whilst continuously coordinating all touch points.
To survive and prosper building and maintaining a strong brand is not an option, rather a business imperative.”
From the outset the JSE wanted the new brand to have meaning rather than just being a superficial make-over. The choice of black gives the brand a bold identity while the green symbolises growth and prosperity. The stacked lines or links in both the logo and other elements of the visual identity illustrate the JSE’s role as a secure platform for growth. “When you strip everything away, the role of an exchange is to act as a link. A link between listed companies, investors, global markets and between human solutions and digital technology,” said Jacobs.
The rebranding project, due to the extensive consultation, employee involvement and a complete website redesign, took just over a year to complete. “A large component of the JSE’s marketing strategy is digitally focused and our website, as a key part of this, needed a complete make-over.
The new website fits well with our desire to become more accessible. We want the website to be a rich source of content for existing and potential investors regardless of their level of knowledge as the being the ideal listing destination for companies to list,” explained Jacobs.
Along with the change to the exchange’s visual identity, brand names such as the Bond Exchange of South Africa (BESA) and the South African Futures Exchange (SAFEX) will fall away. “The JSE acquired SAFEX in 2001 and BESA in 2009 and we believe that these services have now been fully integrated into the exchange’s business. This also allows us to promote one cohesive brand rather than a cluster of related brands,” concluded Jacobs. The JSE’s derivatives clearing house Safcom will now be known as JSE Clear. The JSE’s hedge fund platform management business Nautilus, as a differentiated business within the JSE’s group of companies, will not change its name.
The JSE has been in existence for 125 years.