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Payments news

Credicorp Capital deploys Tenemos Multifonds


01 August 2024 UK
Reporter: Clelia Frondaroli

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Image: monsitj/stock.adobe.com
Credicorp Capital and Tenemos have partnered to deploy Tenemos Multifonds through SaaS.

The new platform will enable Credicorp Capital to handle transaction volumes with greater stability as well as improve digital asset management across LatAm regions. Multifonds will also enable the expansion of new Credicorp Capital service channels and product lines through automation.

Credicorp Capital chief technology officer, Axel Pozo Hammar, comments: “This strategic choice allows us to remain agile and responsive to the changing needs of our business, while ensuring a strong focus on our core competencies in asset management.”

Oded Weiss, Tenemos Multifonds managing director, adds: “As one of Latin America’s largest financial groups, Credicorp Capital recognised the increased agility, efficiency and scalability of running their fund administration on Temenos Multifonds SaaS.”
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