LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
LUZ Soluções Financeiras, a Brazilian supplier of financial technology founded in 1999 and active across Latin America, announced that has partnered with ULLINK, the global provider of connectivity and electronic trading solutions, to provide turnkey solutions for clients of its front to back solutions. The new, extended trading platform will enable LUZ clients to connect to the Brazilian equities and exchange traded derivatives markets.
MITRA flagship investment management solution, used by banks, pension fund and asset manager firms in Brazil comes now pre-integrated with the UL Bridge, a key component of ULLINK’s suite of products, which facilitates low-latency, high throughput connectivity. MITRA is now able to easily connect to Brazilian brokers through the NYFIX Sao Paulo connectivity hub. LUZ clients will also gain the ability to route electronic order flow over NYFIX to reach more than 700 brokers worldwide.
LUZ is the latest firm to join ULLINK’s GAP – Global Alliance Programme, the umbrella under which all partner relationships are managed globally, enabling clients to leverage a highly integrated network of providers. LUZ has now certified their front to back software solution MITRA with ULLINK’s technology to offer clients an integrated access to the ULLINK connectivity solutions.
Integrating our flagship product MITRA with the ULLINK products gives an edge to our clients” said Edivar Queiroz, CEO of LUZ. “We had been looking to expand the services we can provide directly to our clients and enabling connectivity to Brazilian markets is an easy way to cement our partnership. With more clients in the pipeline and the possibility to extend the connectivity to cover international markets through brokers across the globe, we intend to develop these opportunities together.
The ULLINK Global Alliance Programme is expanding globally, with more than 65 partner solutions already integrated, from Brazil to South Korea, with a strong emphasis on local partnerships” said Lael Wakefield, Managing Director Americas for ULLINK. “We are delighted to be working with LUZ – partnering with forward-looking fintech firms is one of the key reasons behind ULLINK’s global success. We are about to celebrate our Sao Paulo office’s 10th anniversary and have just opened a local NYFIX hub – our Latin American presence is going from strength to strength.