Aquis Technologies is set to provide the technology and support services for the operation of the Central Bank of Colombia (Banco de la República) government bond market (Sistema Electrónico de Negociación – SEN) having been awarded the contract, due to go live from 2026.
Adrian Ip
Aquis Technologies is the Aquis Exchange’s software and technology division, and has been mandated to modernise Colombia’s government bond market.
Adrian Ip, chief strategy officer at Aquis Exchange, said: “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.
“We look forward to working closely with Banco de la República to deliver a market-leading solution that will benefit the Colombian economy and its participants while also strengthening Aquis’ offering in the fixed income space.”
Specifically, the focus will be on enhancements to efficiency, transparency and accessibility, with Aquis Technologies providing the central bank with its low latency matching engine as well as its integrated market surveillance solution.
In addition, Aquis will provide the front-end trading user interface for users to interact with the market.
George Hodgson, ambassador to Colombia commented: “Congratulations to Aquis Technologies and Banco de la República on this important new relationship. The UK’s fintech ecosystem, innovation and capital markets are world-leading, and it’s great to see that experience and expertise at work in Colombia, fostering a more dynamic, resilient and productive government bond market.”