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  3. Chilean brokerage house Banchile builds for the future
Technology news

Chilean brokerage house Banchile builds for the future


22 January 2013 São Paulo
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
Banchile, Chile’s third largest brokerage house, has selected Fidessa’s Latin American sell-side trading platform to underpin its institutional trading activity.

Jose Antonio Diaz, chief investment officer at Banchile, said: “Through Fidessa’s trading platform, we are leveraging the most sophisticated and robust trading technology used by market participants across the globe."

"This enables us to offer world-class service to our growing institutional client base. Fidessa’s in-depth knowledge of the region is evident and this, coupled with its strong reputation for delivery and support services, drove our decision to partner with them.�

Alice Botis, head of business development for Fidessa in Latin America, added: “We are delighted to add Banchile to our growing Latin American client base, demonstrating the strong demand for Fidessa solutions by domestic and international market participants.

"We are seeing a lot of activity in the Andean region with firms replacing legacy vendor and proprietary systems and investing in customisable, high-throughput, low-latency trading solutions to enable high-quality execution, greater operating efficiency and a solid basis for growth.�

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