S.D. Indeval and SWIFT confirm leadership

Date:

septiembre, 24 2019

Dear Participants:

We are proud to inform you that Indeval joins SWIFT to offer better-messaging solutions to the securities industry and confirm our regional leadership.

SWIFT, a cooperative that provides financial messaging services worldwide, announced yesterday that Indeval, an institution authorized to operate as a Central Depository for the Mexican Securities Market, acquired its Alliance Messaging Hub (AMH) platform and joined the CSD Community Pricing Agreement (CCO).

SWIFT's AMH will allow Indeval to conduct its financial messaging operations and receive all types of confirmations through global standards. Its entry into force required Indeval and SWIFT's joint work to integrate AMH with the securities depository, administration, and settlement system, DALÍ.

Ignacio Blanco, SWIFT's Executive Director for Latin America and the Caribbean, commented: "Indeval's acquisition of the Alliance Messaging Hub platform represents a major investment that helps ensure high availability and quality of service to the securities depository's participants. In this way, Indeval modernizes its technological infrastructure, as well as the community's communication services offering with a global impact, sending a call to other participants to be at the forefront".

Roberto González Barrera, CEO of Indeval, said: "This is an important milestone that allows us, together with SWIFT, to strengthen our competitiveness at a regional level and improve market connectivity. With the adoption of AMH and the joining of the CSD Community Pricing Agreement service, the Mexican financial industry joins the international communication standards and protocols, with the possibility of establishing a business in a more cost-effective way".

Nathalie Souchon, Managing Director of Securities Market Infrastructures at SWIFT, said: "The CSD Community Pricing Agreement is a good example of how SWIFT addresses the infrastructure challenges of Securities Markets and their participants. The offering promotes international standards and efficient financial messaging at a competitive price for the entire CSD community."

 This reinforces our commitment and effort to continue seeking improvements in all our services and maintaining our leadership in the Mexican Stock Market.

The acquisition of the Alliance Messaging Hub (AMH) platform and the CSD Community Pricing Agreement will bring significant benefits to the Mexican market. By joining SWIFT's CSD Community Pricing Agreement, Mexico joins 88 of the most important central securities depository institutes worldwide, including Spain, Germany, and Austria.

For any clarification or questions, please contact:

Raúl Reyes Rico - 55 5342-9741

Alejandro Garza Cabañas - 55 5342-9730

Kindly,

Sales and Product Director

S.D. Indeval