CASE STUDY markets , aiming to standardize the operating conditions and rules of the three countries , adhering to the highest international standards and attracting foreign investment flows with greater strength and confidence .
The merger was originally pitched as positioning the company as a key player in the global market infrastructure industry .
In January 2020 the project began the journey to verify the possible technical feasibility and potential paths that allowed advance in the process of integrating the infrastructures of the three Exchanges .
By August 2023 , the merger of the Sociedad de Infraestructuras de Mercado SA ( SIM ) and the Holding Bursátil Chilena SA ( HBC ) was approved , creating the Regional Holding with the objective to materialize the integration at the property level , of the business model and common infrastructure , as well as the normative and regulatory harmonization of the markets of Chile , Peru and Colombia .
WITH VERMICULUS AS A
PARTNER IN DEVELOPING THE NUAM EXCHANGE POST-TRADE SYSTEMS ,
WE ARE MARKING A NEW MILESTONE FOR THE UNIFICATION OF
OUR MARKETS . management . It will also handle interoperability , real time risk monitoring , margining and collateral across all three CCPs .
“ In parallel , nuam exchange is working with the three countries ’ regulators to obtain the required approvals to change the regulations for the CCPs in Chile and Colombia – CCLV and CRCC respectively – and to obtain approval for creating a CCP in Peru , establishing its processes and operating contracts ,” he said . p
Taraneh Derayati , CEO , Vermiculus
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