nuam exchange and Vermiculus Financial Technology establish partnership to create technological core for Central Counterparty Clearing Houses in Chile, Colombia and Peru
STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
- Construction of an integrated cloud-native clearing system for the three clearing houses have begun, while progress is being made in parallel to create the clearing house in Peru.
- STOCKHOLM, Feb. 27, 2024 /PRNewswire/ -- nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
- "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.
- With this new partnership together with nuam exchange, Vermiculus' products will be present in the four largest financial markets in Latin America.