Banco de Crédito del Perú (BCP) built on its longstanding strength in the domestic FX market with material investment in electronic trading, clearing and AI during 2025.
Its presence extends across institutional, corporate, SME and retail banking, supported by almost 100 FX professionals.
That scale was tested in June 2025, when BCP executed a dollar-sol spot transaction for a local holding company. The exchange rate moved by 0.25% that day, despite the size of the transaction relative to activity in the professional interbank market. BCP sourced liquidity from a network that included offshore counterparties, demonstrating its capacity to manage a large client order without severe disruption to the market.
Its presence extends across institutional, corporate, SME and retail banking, supported by more than 90 FX professionals
Electronic distribution was another area of progress. BCP made Edgewater Markets its principal dollar-sol pricing engine and extended streaming prices to BidFX, 24 Exchange, Reactive Markets and Bloomberg FXGO. Notional volume handled through this electronic ecosystem doubled in 2025.
BCP also integrated SpectrAxe Markets as a trading infrastructure provider, enabling the bank to execute NDFs with offshore end-clients without relying on prime brokerage. The additional venues, clearing arrangements and pricing infrastructure expanded the range of counterparties able to access the bank’s dollar-sol liquidity.
Investment in AI went beyond pricing. BCP deployed Peru’s first fully automated execution algorithm for dollar-peso trading and used deep reinforcement learning to study the microstructure of the dollar-sol market. Its quantitative team also developed an options model that identifies optimal strike levels within defined risk parameters, as well as a machine-learning model intended to estimate individual clients’ willingness to pay.
