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Aquis Exchange inks services deal with Central Bank of Colombia

13th Mar 2024 13:23

(Alliance News) - Aquis Exchange PLC on Wednesday said it has been given a contract to provide the Central Bank of Colombia with the technology and support services needed to operate its government bond market.

Aquis Exchange is a London-based creator and facilitator of financial markets.

According to the deal, the firm's software and tech division - known as Aquis Technologies - will be deploying its trading platform and services to facilitate the modernisation of the Colombian government bond market, with "enhancements to efficiency, transparency and accessibility".

The contract should go live in 2026.

"We are honoured to have been selected by the Central Bank of Colombia to contribute to the advancement of its government bond market. This is a testament to the hard work and innovation that the Aquis team brings to the table," said Chief Strategy Officer Adrian Ip.

"The choice of Aquis Technologies demonstrates its expertise and commitment to enhancing financial markets through innovative solutions, and its proven track-record in delivering high-performance trading solutions."

Aquis Exchange shares were trading 0.6% lower at 350.00 pence each in London on Wednesday afternoon.

By Holly Beveridge, Alliance News reporter

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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