BM&F Bovespa

Brazil capital markets spending set to rise as LatAm surges forward

Brazil’s capital markets IT spend is expected to reach $2.6 billion by 2017 as the country seeks to modernise its financial institutions, improve post-trade processing and integrate with global markets. The transformation creates both challenges and opportunities for foreign financial services companies in Latin America’s largest market, according to a new report by analyst firm Celent.

Brazil overhauls derivatives market

Brazil’s BM&F Bovespa exchange has begun a major new project to bring all of its four clearing houses onto a single technology platform. Billed as the “world’s largest clearing project”, the Brazilian derivatives market – one of the world’s largest – has been moved first.

Brazil financial services reforms bring foreign investor promise

As Brazil gears up to host the World Cup next year and the Olympics in 2016, a clutch of government reforms hold high promise for the country’s financial infrastructure, according to Aldo Mendes, deputy governor, monetary policy at Brazil’s Central Bank.

BM&F Bovespa links up to BT Radianz Cloud

Brazilian exchange BM&F Bovespa has joined the BT Radianz Cloud, a financial community that connects 500 member locations in Latin America with BT’s global network.