Past Awards
Indeval, the Mexican Central Securities Depository for all financial securities, manages Dalí, the securities settlement system (SSS) that settles securities operations averaging over $250 billion daily, more than 70% of the value settled in the Mexican payments system. In 2005, Indeval and its partners began implementing Dalí, a safer, more reliable, and more efficient SSS. The core of Dalí is an operations-research-based engine that is executed automatically and offers a continuous and secure operation, ensuring that settlement is irreversible. Now many transactions that would remain pending if processed individually are settled together, thus reducing liquidity requirements dramatically—by 52% in cash and 26% in securities. Indeval’s SSS enhances and strengthens Mexico’s financial infrastructure.