05.07.2015

Bolsa de Valores de Lima goes live with MillenniumIT trading technology

05.07.2015

Press Release
07 May 2015

– Millennium Exchange™ provides ultra low-latency trading across all asset classes for Peruvian exchange
– Millennium SOR™ establishes multi-asset connectivity throughout MILA region
– Next generation MAP™ underpins entire trading platform
– Represents first live implementation for MillenniumIT in LatAm

MillenniumIT, the provider of ultra-low latency, flexible and scalable capital markets solutions, and part of London Stock Exchange Group, today announced that Bolsa de Valores de Lima (BVL), the Peruvian stock exchange, has gone live with a MillenniumIT trading technology solution.

BVL exchange has replaced its legacy trading technology infrastructure with the multi-asset trading platform Millennium Exchange™ and Smart Order Router (Millennium SOR™) for equities and fixed income trading and connectivity throughout the MILA (Mercado Integrado Latino Americano) region. Both products are underpinned by Millennium Advanced Platform (MAP™), a next generation integration solution that supports the exchange’s entire trading operation and ensures it meets the market’s evolving regulatory requirements.

The complete MillenniumIT solution has been adapted to meet the unique connectivity and language requirements of the market in Peru as well as the extended MILA region of Mexico, Chile and Colombia, and includes a fully integrated Trader Workstation in Spanish. The deployment represents the first live implementation for MillenniumIT in Latin America.

Mack Gill, CEO of MillenniumIT, said: “Going live with our MillenniumIT solution at Bolsa de Valores de Lima in Peru represents a significant milestone for our organisation and is an important step toward creating new business and investment opportunities in this market. Every financial institution has unique requirements, and our technology is designed to meet those needs in a timely and efficient way. By tailoring our solution to the local requirements of BVL, we have been able to support their entire trading operation and ensure it is fully equipped to meet the future challenges of international growth. Our technology will also enable the exchange to connect to additional markets in the MILA region. We look forward to playing our part in the next stage of BVL’s development.”

Francis Stenning, CEO of Bolsa de Valores de Lima, commented: “Upgrading our existing platform with next generation technology will allow us to offer more efficient services to the capital markets. With this new platform from MillenniumIT, supported by London Stock Exchange Group, the benefits of globalisation will take advantage; achieving a faster interconnection with the markets in our region, beginning with MILA. We have combined our great global knowledge of the capital markets with real flexibility to provide a solution that is uniquely suited to our local needs.”

Christian Laub, President of Bolsa de Valores de Lima, added: “We are ready to interconnect with other markets in an easier way. With the implementation of this new platform, we aim to position the BVL as a representative institution of economic development, preparing Peru to turn into the gateway of capital and financial hub of the Andean region. In the short term, the use of this new platform will allow us to perform nationwide operations and keep up with other world markets.”

For further information:

Media
Ed Clark +44 (0)20 7797 1222 newsroom@lseg.com

Mark Benhard +1 212 314 1199 newsroom@lseg.com

About MillenniumIT
MillenniumIT is the power behind many of the world’s financial markets. MillenniumIT’s pre- to post-trade, multi-asset, ultra-low latency, agile technology infrastructure supports the trade lifecycle for more than 40 financial institutions and financial services firms around the world.

The MillenniumIT solution suite includes ultra-low latency trading platform Millennium Exchange™, the Millennium SOR™ smart order router; Millennium MarketData™, Millennium Surveillance™, and the integrated clearing, settlement and depository solution Millennium PostTrade™. Underpinning all of these solutions and providing the core integration layer is the Millennium Advanced Platform™ (MAP™).

Clients include Aequitas, Borsa Italiana, HKEx, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange, Tullett Prebon and Turquoise.

Founded in 1996 and head-quartered in Sri Lanka, MillenniumIT is a fully-owned subsidiary of the London Stock Exchange Group.

About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world’s financial community. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe’s leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe’s capital markets.

Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.

The Group is a global leader in indexing and analytic solutions. FTSE and Russell Indexes offer thousands of indices that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.

Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.

London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.

Further information on London Stock Exchange Group can be found at www.lseg.com.

London Stock Exchange Group, 10 Paternoster Square, London, UK EC4M 7LS

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