Credicorp Capital, the investment management and advisory company, has gone live on Temenos Multifonds delivered as SaaS. The company is part of Credicorp Ltd., one of the largest financial groups in Latin America, whose subsidiaries include insurance, pension funds and microfinance providers in addition to BCP, Peru’s biggest bank. Credicorp Capital’s asset management business has USD10.7bn AuM.
Migrating from its existing legacy systems, the company went live with 71 funds on Temenos Multifonds Global Accounting and Global Investor Servicing, enabling it to handle all back-office management of investors and funds across countries in one single instance of Multifonds.