CameronTec Selected for Testing Peruvian Exchange Millennium Platform

  • Exclusive deal as Bolsa de Valores de Lima readies for market expansion

Chicago, Tuesday 23 September 2014 — CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced the Peruvian Exchange, Bolsa de Valores de Lima (BVL), has selected VeriFIX automated testing tools to optimize trading opportunities available on its new Millennium trading platform.

As one of Latin America’s fastest growing economies, Peru’s stock market is of increasing interest to the worldwide investment community looking beyond European, Asian or US markets, for direct connectivity to BVL.

Tulio Freire, CIO at Bolsa de Valores de Lima, says: “Since the launching of MILA in May 2010, we have been using VeriFIX and the capabilities of this tool for automatic testing. For our new Millennium trading platform we have secured additional VeriFIX licenses to handle additional standard protocols such as ITCH. As we enter our next growth phase, we are pleased to leverage CameronTec’s solutions to achieve greater trading efficiencies and business insight.”

The VeriFIX solution for BVL includes:

  • A simulated market test environment for accelerated trading system testing
  • Complete stress tool for performance testing.

Peter Mott, VP Americas for CameronTec Group, says: “Following Bolsa de Valores de Lima migration to the Millennium exchange platform, essential to building any successful trading offering is the ability to maximize efficient workflow. CameronTec is pleased to be making further inroads into the LATAM market and working with BVL to provide the robust and scalable testing technology designed to deliver the best market opportunities for local and international trading communities wishing to connect to the Peruvian market.”

CameronTec’s solutions are tested and trusted by the world’s best firms in over 50 countries, on all five continents, representing the broadest cross section of tier 1 and 2 investment banks, brokers, fund managers, exchanges, regulators, and members of the ISV community.

CameronTec Group Professional Services offers onsite support at the client site or from its offices in Chicago, New York, London, Stockholm, Hong Kong, Mumbai, Sydney, Paris and Frankfurt.

Each year CameronTec Group is pleased to sponsor and exhibit at LATAM’s largest trading event, the FIX Trading Community’s Latin America Trading Conference in Sao Paulo.

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About CameronTec Group

CameronTec Group is the global standard in financial messaging infrastructure and tools for the Capital Markets industry that today powers the largest user base among financial institutions. Uniquely positioned as a software and service provider for enterprise, hosted and managed platforms, a dedicated professional services team ensures optimal integration and deployment performance. CameronTec’s flagship offering Catalys is underpinned by market-leading connectivity technology and engineered on the widely acknowledged standard in FIX engines, CameronFIX. The FIX integration, testing and management solutions, including VeriFIX and MagniFIX, build out the offering to provide end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX and proprietary protocols. Catalys Market Access offers FIX-powered gateways to more than 60 equity, derivative and FX markets across the globe, as a locally deployed or managed / hosted service. An offering exceptionally supported by regionally focused teams in London, Stockholm, Chicago, New York, Hong Kong, Sydney, Paris, Frankfurt and Mumbai. CameronTec Group is owned by Nordic Capital Fund VII.

About Bolsa de Valores de Lima

The Bolsa de Valores de Lima, a limited company with more than 156 years in the Peruvian financial market and more than 260 issuing companies, has the main purpose of facilitating the purchase and sale of securities, giving investors and issuers, services, systems and mechanisms for fair, competitive, orderly, continuous and transparent negotiations, all under the supervision of the Superintendency of the Stock Market.