FTSE Russell Expands Latin American Business with New Office in Mexico City
– Industry veteran David Estefan appointed Country Head for Mexico and Colombia
– Mexico City office reinforces sales and business development across region
– Underpins global diversification strategy and market growth in Latin America
FTSE Russell, the global index provider, announced today that it has opened a new office in Mexico City, headed by David Estefan, a senior international industry professional. Estefan will serve as Country Manager for Mexico and Columbia, leading sales and development efforts. He brings considerable expertise in investment banking, asset management, economic capitalization and structured finance, having served in previous roles at Sierra Madre Capital, Gramercy Advisers and Afirme Grupo Financiero in Mexico City.
The Mexico City office is the second for FTSE Russell in Latin America, keeping pace with its expansion across the region. The first office opened in Rio de Janeiro, Brazil in 2014. Of note, that same year, through its FTSE TMX Global Debt Capital Markets JV, the company entered into a cooperation agreement for Fixed Income Indexes with Proveedor Integral de Precios (PiP), the leading multi-national price vendor in LatAm that manages over 100 government and corporate bond indexes in Mexico, Columbia, Costa Rica and Peru.
Fernando Lifsic, LatAm Managing Director at FTSE Russell, said:
“We are committed to the growth and development of the LatAm financial market, where we work closely with leading asset managers and asset owners. We are seeing strong demand in both Mexico and Colombia, and are thrilled that David Estefan will head our sales and business development efforts in these two countries.”
FTSE Russell, a wholly owned subsidiary of London Stock Exchange Group, provides significant capital markets infrastructure across Latin America. The Group’s technology firm, MillenniumIT, powers the trading platform for Bolsa de Valores de Lima in Peru, which helps bring connectivity through the entire MILA (Mercado Integrado Latino Americano) region, and is also working with Caja de Valores SA in Argentina to provide a new securities trading platform, which is expected to go-live later this year. There are also 41 Latin American companies listed on LSEG’s London markets today.
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For further information:
Americas Press Office
Mark Benhard, +1 212 314 1199; email@example.com
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 80 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $10 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance, and embraces the IOSCO principles. FTSE Russell is also focused on index innovation and client collaboration as it seeks to enhance the breadth, depth and reach of its offering.
For more information, visit ftserussell.com.
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing andanalytic solutions. FTSE Russell offers thousands of indexes that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. Currently, over 40 organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology, including the Group’s own markets.
Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.
Further information on London Stock Exchange Group can be found at www.lseg.com