BMV Group Taps Catalys by Itiviti for their Transactional Needs

BMV Group Taps Catalys by Itiviti for their Transactional Needs
02.06.2016 08:15 am

BMV Group Taps Catalys by Itiviti for their Transactional Needs

Trading Systems , Derivatives and OTC Derivatives , Transaction Banking

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.”

Related News

New derivatives exchange to level the crypto playing-field

The rapidly expanding community of crypto derivatives traders stands to benefit from an industry-grade trading service with the launch of ZUBR, a new high-performance exchange... Read more »

DriveWealth Forges First Partnership in Middle East and North Africa Region with UAE-Based Wealthface

DriveWealth, LLC,  a U.S. based leader in global digital trading technology, announced today a new partnership with ... Read more »

Aspire partners with GeTS in furthering fintech hub ambitions

In furthering Singapore as the fintech hub of Southeast Asia, Global eTrade Services (GeTS) has announced its partnership with Aspire, a Singapore-based startup with... Read more »

TransFICC and SoftSolutions to Provide Connectivity for Interest Rate Swaps

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, and SoftSolutions, the developer of high-... Read more »

b-next provides compliance solution to major Russian bank

The German developer of specialised software b-next has concluded the past fiscal year with an important business deal. A major Moscow-based bank has decided to monitor... Read more »

Itiviti Recognized for Best Trading and Execution Platform at Asian Private Banker Technology Awards

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that its multi-asset trading and execution solution has won  Best... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel