Credicorp Capital, part of one of Latin America’s largest financial conglomerates, now operates on Temenos Multifonds delivered as a Software-as-a-Service (SaaS). This strategic move is set to revolutionise the company’s fund management capabilities across various countries, offering enhanced stability and operational agility. In a significant development, Temenos (SIX: TEMN) has announced that Credicorp Capital has […]
In a significant move within the tech consulting sector, Texas-based Nespon Solutions has announced the acquisition of Latin American Cloudblue Services. This strategic acquisition is valued not only for the financial investment but also for the broad capabilities and market expansion it brings to Nespon Solutions. Particularly, Nespon Solutions will gain enhanced expertise in Salesforce […]
Accenture [NYSE: ACN], a global professional services company, is poised to transform the generative AI landscape. The company announced the establishment of generative AI studios in nine countries across Asia Pacific and Latin America, responding to the burgeoning interest in AI technology among clients. Strategic Expansion Across Key Markets The new studios will be set […]
Global alternative investment firm H.I.G. Capital announced that its portfolio company, Grupo Ransa, has completed a merger with Transportes Centroamericanos del Futuro (TCF). Ransa, a leading third-party logistics player in Latin America, operates in eight countries across 35 cities. Transportes Centroamericanos del Futuro, on the other hand, is a premier provider of land freight transportation, […]
Global payment systems leader Visa has announced a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with a presence spanning Latin America, Asia Pacific, and Europe. The landmark deal, worth $1 billion, underscores Visa’s commitment to strengthening its technological prowess and broadening its global footprint. Jack Forestell — Visa Chief […]
DigitalReef, a mobile and connected TV operator, has merged with Gamers Club, a Latin American gaming community hub, to create a next-gen gaming distribution and engagement platform. The combined entity, dubbed Siprocal, is anticipated to drive gaming distribution, engagement, and monetization all over the Americas, disrupting the estimated $360 billion gaming and digital media market. […]
Maruti Suzuki India said that it has started exports of its Grand Vitara SUV with the first shipment sailing to Latin America from the Kamarajar port located on the Coromandel Coast, Chennai. The Indian car manufacturer revealed its target to export the Grand Vitara SUV to over 60 countries across Latin America, the Middle East, […]
ACI Worldwide, a US-based payment systems company, and NTT DATA, a Japanese multinational information technology service and consulting company, will join forces to bolster the growth of eCommerce in new markets across Europe and Latin America. The partnership will help NTT DATA to offer advanced eCommerce capabilities to its merchant customers — targeting the Italian […]
Aon plc has acquired Evaluación de Riesgos Naturales (ERN), a Mexico-based provider of risk assessment modeling for an undisclosed price. The acquisition is expected to help the global professional services firm expand its catastrophe modeling and consultancy capabilities in Latin America. Through the acquisition, Aon aims to bring further value to its insurer clients, which […]
Danish wind turbine maker Vestas has secured an order from Engie Brasil Energia to supply turbines for the 846MW Serra de Assuruá wind park in Brazil. To be located in the state of Bahia, in the municipality of Gentio do Ouro, the wind farm is planned to be constructed in two phases. Details of the […]