Brasil, Bolsa, Balcão (B3), one of the world’s largest financial market infrastructure companies, has appointed genesis to leverage its Low-Code Application Platform (LCAP) for Brazil’s financial markets.
B3 has selected the genesis LCAP to deliver high-performance, resilient solutions that address multi-faceted and highly complex post-trading workflows – doing so securely, at pace and at scale.
genesis emerged as the leading low-code firm, one that is uniquely designed for the standards of software development within financial markets.
Paulo D’Angelo, Managing Director at B3
genesis LCAP leads the way for financial markets
The partnership comes after a thorough review process, with genesis delivering a Proof-of-Concept application that seamlessly integrated with B3’s existing infrastructure architecture in only six weeks.
Paulo D’Angelo, Managing Director at B3, said: “We conducted a thorough market assessment on Low-Code Platforms and genesis emerged as the leading low-code firm, one that is uniquely designed for the standards of software development within financial markets. As the industry grows and matures, genesis LCAP provides the building blocks and agility to address the Brazilian market’s very specific requirements across asset classes market trading infrastructure.”
About B3
B3 is one of the largest exchanges in the world in terms of market value, the second largest in the Americas, and the leading exchange in Latin America. It works to connect, develop and enable financial and capital markets with the aim of boosting growth in Brazil.
The new partnership is a hugely positive step for genesis as it continues to deliver results for financial markets firms globally, demonstrating how its LCAP (the only one that is financial markets ‘native’) can help them to code less and do more.
Read the full press release on the genesis site to discover more about the new partnership:
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