SIX Financial Information and LUZ Engenharia Financeira, the largest provider of risk management software and consulting services to buy- and sell-side institutions in Brazil, have established a strategic relationship to meet the growing need for broader and deeper international financial market data in Brazil.
As Brazil's investment community increasingly turns to foreign markets to achieve superior returns, reliable, high quality pricing and reference data becomes more important every day. SIX Financial Information, a leading provider of global financial information since 1930, will fill that need for clients of LUZ Engenharia Financeira.
Edivar Vilela Queiroz, CEO of LUZ Engenharia Financeira commented, "While the Brazilian financial services community has been well served by local data providers, SIX Financial Information has the breadth and depth of global market data to support current needs as well as the capacity to grow as our local market evolves." He continued, "And as the world's markets become ever more connected and transparent, this is an important differentiator that will allow seamless growth into offshore markets."
"As Brazil becomes a major force in the global financial markets, foreign investors will undoubtedly continue their steadily increasing interest in the Brazilian markets and help foster even more growth," said Barry Raskin, Managing Director for SIX Financial Information USA. "We are excited to extend our focus to this vibrant market, and very pleased that LUZ-EF has given us their stamp of approval through this strategic partnership."
On Wednesday, March 13 2013, SIX Financial Information and LUZ-EF will jointly host a client event in São Paulo where they will formally announce their partnership and describe the international equity and options pricing and reference data available through the LUZ-EF platform.