Itiviti, a world-leading technology provider for the capital markets industry, today announced that Bolsa Mexicana de Valores (BMV Group), Mexico’s premier exchange for equities and derivatives, has chosen the next generation FIX Engine, Catalys by Itiviti, to support their transactional needs.
BMV Group is a fully integrated exchange group that operates cash, listed derivatives and OTC markets for multiple asset classes, including equities, fixed income and exchange traded funds. Their services also include custody, clearing and settlement facilities as well as data products for the local and international financial community. BMV Group is the second largest stock exchange in Latin America, with a total market capitalization exceeding US $500 billion.
Catalys is the leading FIX protocol messaging infrastructure for the capital markets industry. Its infrastructure platform is engineered to comprehensively address critical areas of the deal life-cycle from pre-trade, trade and post-trade operations. Catalys is built for multi-asset, multi-market trading and managing all FIX data flows across the ecosystem. It enables large global firms to build out fully transparent cross-region trading infrastructure and connect to any market as well as a multitude of internal and external counterparties and clients around the globe.
“Our partnership with the BMV Group emphasizes Itiviti’s dedication to the Latin American markets,” said Peter Mott, VP Sales at Itiviti. “We are committed to growing the FIX community in Mexico and assisting the Exchange in growing their business and managing their needs.”
Facilitating thousands of customer connections, distributed over multiple hubs and regions, Catalys’ system-facing connectivity provides technology adaptors for inbound, outbound and transversal system communications for exchanges, banks and brokers.
“As volumes continue to increase at the BMV Group, we decided it was time to enhance our legacy systems with the next generation FIX engine,” said Alfredo Guillén at BMV Group. “Catalys enables us to focus on our current needs as well as prepare for future requirements as the Mexican market continues to evolve.”