Nasdaq and nuam Strengthen Technology Partnership to Drive Capital Market Integration in Latin America

Core Insights - Nasdaq and nuam have extended their strategic technology partnership to enhance post-trade processing across the Santiago, Lima, and Colombia stock exchanges [1][2] - The collaboration aims to consolidate trading infrastructures on Nasdaq's platform, attracting global liquidity sources and improving operational efficiencies [2][3] Group 1: Partnership and Technology Integration - The agreement builds on Nasdaq's existing relationship with nuam and aims to optimize the central securities depositories (CSD) of the three exchanges [1][2] - nuam's integrated post-trade infrastructure will adopt a unified solution based on international standards, enhancing interoperability and reducing costs [3][6] - The implementation of Nasdaq's CSD technology will standardize business processes, simplifying trade settlements and attracting international capital [6] Group 2: Market Impact and Investor Confidence - Juan Pablo Córdoba, CEO of nuam, emphasized the importance of high technological standards for investor security and market access [4] - Magnus Haglind from Nasdaq highlighted that enhancing infrastructure is crucial for maintaining resilience in global capital markets and attracting international investors [5] - A recent Nasdaq survey indicated that 84% of respondents are interested in increasing investments in Latin America, but 59% cited market structure issues as a barrier [5] Group 3: Strategic Goals and Future Outlook - The partnership aims to build an integrated, efficient, and accessible capital market in Latin America, boosting competitiveness and economic growth [4][5] - nuam seeks to standardize trading conditions across Chile, Colombia, and Peru, positioning itself as a key player in the global market infrastructure [9]