CENCOR (Central de Corretajes)

General Information
Industries
-
Funding Stage
Series Unknown
Product Stage
-
Business Model
-
Company Overview
Founded
1988
Employees
387
Location
, Mexico
Website
CENCOR (Central de Corretajes) - Company Details
Central de Corretajes, also known as CENCOR, is a Mexican company established in 1988 that oversees a group of businesses dedicated to developing infrastructure for the optimal functioning of financial markets in Mexico, the US, and Latin America.

One of its key enterprises, ENLACE INT, pioneered interbank brokerage in Mexico in 1993. It aims to facilitate the trading of bonds, derivative products, and currencies among banks and brokerages in Mexico, the US, Chile, Colombia, and Argentina.

PROVEEDOR INTEGRAL DE PRECIOS (PiP), founded in 2000, operates as an independent provider of prices for financial asset valuation. It calculates 80,000 prices daily to value instruments in Mexico, Costa Rica, Peru, and Colombia.

MERCADO ELECTRÓNICO INSTITUCIONAL (MEI), established in 2006, offers brokerage services between Financial Intermediaries and Institutional Investors. MEI currently has the primary trading platform for securities lending, MEI PRESVAL, and is developing the MEI FONDOS platform for trading between distributors and operators of Investment Funds.

CAPITALSTAR SYSTEMS, founded in 2002 and based in New York City, serves as the group's technological development company. Their services include the development, implementation, and support of financial market trading platforms.

CERTIFICA-T, established in 2015, provides a tool that aids in maximizing business development through a comprehensive diagnosis of various areas, guiding businesses towards the best practices of successful enterprises.

The company is also currently in the process of obtaining authorization from the Secretariat of Finance and Public Credit to establish and operate a new stock exchange in Mexico: Bolsa Institucional de Valores S.A. de C.V. (BIVA). The company received a Venture Round investment on September 1, 2016, with LIV Capital as the investor. CENCOR's focus on infrastructure development for financial markets and its expanding presence across different countries position it as an attractive prospect for venture capital and investment opportunities.