The study by CLAPES UC, sponsored by the DCV, analyzes the challenges, gaps, and opportunities the country faces in establishing itself as a financial hub in Latin America.

Depósito Central de Valores (DCV), together with the Chilean Electronic Stock Exchange, nuam, and InBest Chile, sponsored the study “Chile as an Exporter of Financial Services”, a report prepared by Clapes UC. During the presentation of the study, the president of the DCV, Guillermo Tagle highlighted “the real possibility of capitalizing on the Chilean financial system as an export industry that generates services, jobs, and improvements in people’s standard of living”.

The document, prepared by Felipe Larraín, director of Clapes UC, and Hermann González, the center’s macroeconomic coordinator, argues that Chile has favorable institutional and macroeconomic conditions to position itself as an exporter of financial services and outlines a roadmap for consolidating that path.

In this context, it highlights the need for a long-term agenda that includes measures to strengthen the depth and liquidity of the financial system, expand international integration, develop specialized human capital, and continue to drive financial innovation.

The study was presented on June 23 at the main campus of the Pontificia Universidad Católica, during a seminar attended by Guillermo Tagle, president of DCV; Catherine Tornel, president of the Financial Market Commission (CMF); Eugenio Symon, coordinator of Capital Markets, International Affairs, and Finance at the Ministry of Finance; and Mauricio Larraín, president of the Ministry of Finance’s Capital Markets Advisory Council.

During the event, Tagle emphasized the opportunity Chile has to capitalize on the capabilities it has built up over the past few decades. “We have a real opportunity to leverage the Chilean financial system as an export industry that generates services, jobs, and improvements in people’s standards of living,” he said.

“We must assure our neighboring countries that they can come to Chile for whatever financial services they need—whether it’s issuing securities, raising capital, or hiring financial advisory or banking intermediary services,” added the DCV president.

Along the same lines, he emphasized that “the capital market remains a key component of the country’s economic development” and stated that making progress on this agenda requires leadership, conviction, and coordination among the various players in the financial ecosystem.

By sponsoring this study, the DCV reaffirms its commitment to the development of the Chilean financial market, contributing to forums for analysis and discussion that seek to strengthen its role as a key infrastructure for the capital markets.