Press Release

Banco Davivienda, new client of Openfinance in Colombia

17 December, 2015

Openfinance, a company specialising in the development and implementation of technological solutions for financial advice and portfolio management, has reached an agreement with Banco Davivienda, Davivienda Fiduciaria y Davivienda Corredores, for implementing  its Openworkplace® platform and carrying out management activities with its clients.

With this new contract the Valencian company strengthens its position in Colombia and continues to increase its presence in Latin America.  

Banco Davivienda, owned by local group Bolívar, is the third largest bank in Colombia and offers a wide range of products and services. Initially focused on providing finance for housing, the bank covers a variety of sectors, including retail, corporate and SME banking. Among the company’s subsidiaries are automotive financing firm Confinanciera, Fiduciaria Cafetera , Fiduciaria Davivienda, and securities brokerage Davivalores.

Openworkplace® is a technological platform for attracting, advising and retaining clients in the high, medium and low networth segments through customised, individual advice strategies, standardised recurring advice and through portfolios managed independently.

After breaking into Costa Rica, last week, Openfinance continues to internationalise its presence in Latin America. Colombia, Chile, Mexico and Costa Rica are countries in which  the company already offers solutions under the BME seal while reaffirming its commitment to service and permanence in the region through products and innovative services that support the development of financial markets and through collaboration with reputed local partners.

About OpenFinance: 

Openfinance is a leading specialist in the development, implementation and maintenance of innovative technology solutions for financial advice and portfolio management. It has proven experience in developing solutions that are integrated into financial institutions, which provide clients with support throughout the entire decision-taking process, covering the provision of financial information and market trading tools. 

The company was founded in 2002 by professionals in the technology and financial sectors. It has been part of the Infobolsa group (owned by BME and Deutsche Boerse) since 2011, which provides it with strength and confidence that position it as a benchmark in the international financial sector.


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