Fitch Ratings on Dec. 15 affirmed Asigna, Compensación y Liquidación F/30430 Fiso Bancomer SA's AAA(mex) long- and F1+(mex) short-term counterparty risk ratings.
The outlook on the long-term rating is stable.
The ratings are highly influenced by the company's franchise and strong position in the local market, being the only derivatives clearing house in Mexico, Fitch said. However, they also consider the company's limited market position in the increasingly competitive global sphere and concentrated business model.
In addition, the ratings highly reflect the company's solid risk management framework.