The regional holding integrates the Santiago, Lima, and Colombia stock exchanges into a single market; Latest move marks the completion of a shared technology infrastructure across these regions. 

“Buy-side research budgets are already under pressure, so it's understandable that they wouldn't welcome a new set of licensing accompanied by new costs and they are banking on a fear from the sell-side that being frozen out of an asset manager's LLM would be a very cold place to be in future,” Substantive Research chief executive tells The TRADE. 

Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street.