Who is Caja de Valores? Caja de Valores also wanted to reduce its on- going operational costs, as it saw the attractive economic benefits of a distributed and more modern application platform, as Alejandro Wyss, CIO at Caja de Valores, explains: “One of our main concerns was the cost and the stabil- ity of our aging mainframe platform. Challenge It acts as the IT Operations and Support plat- form for the Argentine stock market system and provides securities clearing services for the Buenos Aires Stock Exchange. It also manages the Electronic Securities Transfer System, which processes transfer instruc - tions from various participants. Caja de Valores also wanted to reduce its ongoing operational costs, as it saw the attractive economic ben- efits of a distributed and more modern

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