Larrain Vial has played a significant role in the development of the capital markets in Latin America and has been in operation since 1934. With a team of over 800 experts, the firm has clients in Chile, Colombia, Peru and the United States. Larrain Vial was the first Chilean brokerage to be authorized to operate in the United States and has over $18.7 billion in assets under management.
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.
“After thoroughly reviewing our options, we selected Catalys by Itiviti to replace our legacy system,” said Claudio Larrain, Managing Partner at Larrain Vial. “This next generation FIX engine will enable us to focus on our core business while our technology partnership will prepare us for future requirements as the Latin American markets develop.”
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 markets in Latin America continue to grow in size and maturity, there is a strong need for the next generation of FIX engines and infrastructure, which is ideally matched by Itiviti’s offering,” said Peter Mott, VP Sales at Itiviti. “We are dedicated to helping the FIX community in Chile and assisting Larrain Vial with their execution and routing needs.”
Itiviti is a world-leading technology provider for the capital markets industry. Trading firms, banks, brokers and institutional clients rely on Itiviti technology, solutions and expertise for streamlining daily operations, while gaining sustainable competitive edge in global markets.
With 13 offices and serving more than 400 customers worldwide, Itiviti was formed by uniting Orc Group, a leader in trading and electronic execution, and CameronTec Group, the global standard in financial messaging infrastructure and connectivity. From its foundation in 2016, Itiviti has a staff of 400 and an estimated annual revenue of SEK 700 million.
Itiviti is committed to continuous innovation to deliver trading infrastructure built for today’s dynamic markets, offering highly adaptable platforms and solutions, enabling clients to stay ahead of competitive and regulatory challenges.
Itiviti is owned by Nordic Capital Fund VII.
About Larrain Vial
LarrainVial is one of the leading financial companies in the Andean Region, with presence in Chile, Peru, Colombia and the United States. With over 80 years of experience and more than 800 employees, LarrainVial offers brokerage services, corporate finance, research, third-party product distribution, asset management, wealth management and private equity. The company has over USD 17 billion in assets under custody and management, and is one of the leaders of the MILA stock market, with a 15% market share.
For further information, please contact:
Jesper Alfredsson, President Americas, Itiviti, Tel. +1 312 541 5888
Christine Blinke, Chief Marketing Officer, Itiviti, Tel. +46 73 901 02 01