Argentine CSD connects to SWIFT

Argentina’s central securities depository (CSD), Caja de Valores, is now fully operational on the SWIFT network.

The CSD will execute all its international transactions via SWIFT.

In July 2016, the Argentinian government pledged to help revive the currently fragmented capital markets by supporting the creation of B&MA, the country’s move to provide its markets with access to more financial instruments and boost its competitive position in the region.

This is clear proof of our firm’s steadfast commitment to help further the nation’s capital markets revitalisation,” says Alejandro Berney, chief executive officer, Caja de Valores. “By connecting directly to SWIFT, automating and standardising our operations, we can better support the growth of our local capital markets and attract foreign investment.”