Latin America News Q4 2018

LATINAMERICANEWS / Q3 2018 5 NEWS , I n f o R e a c h announces the expansion of its South America operations with the opening of a new office in São Paulo, Brazil. From this office InfoReach will work to expand its global reach into Latin America’s largest economy. Financial services veteran, Samuel Bosnic, is the Head of Latin Americas Sales, InfoReach Brazil. Bosnic, equipped with 17 years of experience in financial services and awareness of regional needs in Brazil, takes on a strategic role building out operations within the South America region. The Brazilian office expands upon the global presence of InfoReach with offices in Chicago, New York, Amsterdam, Dnipro and São Paulo. Bosnic commented, “Opening an office in Brazil will enable us to better understand the workflows and specific requirements of our regional clients and to offer them the optimum level of local support and service. We look forward to working with Brazilian´s largest asset management firms. Our local presence will enable us to service their multi-asset class trading and evolving regulatory requirements, while also integrating with local algorithmic strategies and the local execution counterparts.” The InfoReach team had integrated with several counterparts for trading in the region but is now making a concerted effort to expand the list of counterparties for DMA access and ALGO integration. About InfoReach InfoReach is an independent provider of multi-asset broker- neutral software solutions for electronic trading, including OMS and EMS platforms for global equities, futures, options, forex, and fixed income. InfoReach team delivers high-performance technology with high-touch support. The buy-side and sell- side client systems are tailored to accommodate current and future needs. They are configurable to deliver unique adaptations without adding development time and costs. InfoReach Builds Presence in Brazil Hundred-year-old FarmOpts for amore sustainable future with help fromfintech company Farmfolio. InfoReach opens office in São Paulo, expanding global presence. FARMFOLIO, a Cayman Islands- based agriculture development firm, closed the second round of funding for its Colombian farming operation, Pietrasanta. The project encompasses 570 acres of organic coconut development and Colombia’s first certified coconut nursery. Since launching in 2015, Farmfolio has connected global investors to international farming opportunities throughout Central and South America. The PIETRASANTA project brings together investors from the United States, Germany, Switzerland, Russia, China, Singapore, Australia, the Netherlands, New Zealand & Canada. According to Farmfolio’s Head of Investor Relations, Thomas Connell, this unique and game-changing asset is expected to yield average annual returns of 20.74% over a 20-year period. PIETRASANTA launched its first offering to develop this new venture during Q2 2016, which successfully raised US$2.575M. Since then, Pietrasanta has increased its actual valuation thanks to continued upward trends in coconut demand and the addition of a teak processing facility to its operation during 2018. Since launching its second round of funding, the Pietrasanta team has successfully planted and developed over 40,000 coconut trees and completed the certification of its organic nursery & plantation. The project has gathered national attention in Colombia and plans to host international buyers throughout 2019 as it prepares for 2020 harvests. During Q2 2018, the farm received the first official ICA (Colombian Agricultural Department) Certification in the country, thus becoming the only source of exportable Colombian coconuts to date. More recently, Pietrasanta also received its plantation certification, which paves the way as the farm gets ready to apply for Global GAP and USDA organic certifications in 2019. Farmfolio currently focuses on agriculture opportunities in the categories of tropical fruits, vegetables, and sustainable hardwoods located in Central and South America. In total, Farmfolio’s management team has already marketed and implemented three development projects using its new and innovative platform. Although the PIETRASANTA offering is now closed, the agribusiness development company plans to launch new projects in 2019 targeting Chile, Mexico, Panama & Peru, according to Farmfolio’s COO, Oscar Baracaldo.