The development of regional services able to provide ionospheric vertical total electron content (VTEC) maps and ionospheric indexes with a high spatial resolution, and in near-real-time, are of great importance for both civilian applications and the research community. We provide here the methodologies, and an assessment, of such a system. It relies on the public Global Navigational Satellite Systems (GNSS) infrastructure in South America, incorporates data from multiple constellations (currently GPS, GLONASS, Galileo and BeiDou), employs multiple frequencies, and produces continental wide VTEC maps with a latency of just a few minutes. To assess the ability of our system to model the ionospheric behavior we performed a yearround intercomparison between our near-real-time regional VTEC maps, and VTEC maps of verified quality produced by several referent analysis centers, resulting in mean biases lower than 1 TEC units (TECU). Also, the evaluation of our products against direct and independent GNSS-based slant TEC measurements shows RMS values better than 1 TECU. In turn, ionospheric weather W-index maps were generated, for calm and disturbed geomagnetic scenarios, solely employing our quality verified VTEC maps. The spatial representation of these W-index maps reflects the state of the ionosphere, with a resolution of 0.5 × 0.5 degrees. Finally, we conclude that our products, computed every 15 minutes, do provide an excellent spatial representation of the regional TEC, and are able to provide the bases for the possible computation of ionospheric W-index maps, also in near-real-time.