S&P Cap IQ Expands LatAm Offering With Mexico Office
Data and analytics vendor S&P Capital IQ has expanded its presence in Latin America by opening an office in Mexico City, which it will use to bring global data to Latin American customers and to make local data available to its customers around the world.
Juan Carlos Perez Macias has been chosen to head the new office. He joined S&P Capital IQ as a director in March after working in academia and for Banobras and Banamex Citigroup banks.
The Mexican office is S&P Capital IQ's second in Latin America, where it also has a presence in São Paulo, Brazil. Lou Eccleston, S&P Capital IQ's New York-based president, says Latin America is "a very important opportunity" for the company. He believes the Mexico office will benefit customers in Latin America and around the world.
"Our model is to bring global data in locally and bring local data out globally - that is the nature of a global marketplace," says Eccleston. "Our local clients obviously need data on Mexican securities and companies, but any investor looking at investing in Mexico does as well."
Eccleston says the company will add important local data sets to its products and services. "We need to look for key sets of market data, security master data sets for securities and then private and public company data," says Eccleston. "Those are the key data sets that we need to nourish our analytics."
S&P Capital IQ does not plan to open more offices over the coming year and will instead concentrate on increasing its presence in locations where it already has offices. However, once the company has established itself in Mexico, Eccleston says the company may consider expanding into Chile, Columbia and Peru.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
New working group to create open framework for managing rising market data costs
Substantive Research is putting together a working group of market data-consuming firms with the aim of crafting quantitative metrics for market data cost avoidance.
Off-channel messaging (and regulators) still a massive headache for banks
Waters Wrap: Anthony wonders why US regulators are waging a war using fines, while European regulators have chosen a less draconian path.
Back to basics: Data management woes continue for the buy side
Data management platform Fencore helps investment managers resolve symptoms of not having a central data layer.
‘Feature, not a bug’: Bloomberg makes the case for Figi
Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.
SS&C builds data mesh to unite acquired platforms
The vendor is using GenAI and APIs as part of the ongoing project.
Aussie asset managers struggle to meet ‘bank-like’ collateral, margin obligations
New margin and collateral requirements imposed by UMR and its regulator, Apra, are forcing buy-side firms to find tools to help.
Where have all the exchange platform providers gone?
The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.