Finac

What Finac does

Finac (legal name FINAC Finanzas y Actuaria S.A.S.) is a privately held Colombian consulting and software firm founded in 1992 and headquartered in Bogotá D.C. The company built its practice on actuarial consulting for the financial sector and, beginning in 1996, expanded into proprietary software development. Its core offering is the e-Finac platform, which covers Front, Middle and Back Office workflows for investment portfolio management, securities administration, and trading across fixed income, equities, repos, derivatives, FX, and collective investment funds. The platform is complemented by specialized modules: Finac ALM and Finac ALM+ RTILB for liquidity, market risk, and interest-rate-in-the-banking-book (IRRBB) measurement and SFC Annex 15 reporting under Circular 025 of 2022; Finac Gerencial for real-time portfolio risk control, internal VaR, backtesting, and stress testing; Finac FX for foreign-exchange trading; and Finac Auditor for valuation and regulatory-report reconciliation with local depositories (DCV, Deceval).

Finac monetizes through three streams: licensing of its proprietary software (marketed as recurring subscription/active licenses), professional actuarial consulting delivered over 25+ years, and Finac Outsourcing — managed services for portfolio valuation, regulatory report production, and deposit reconciliation. The firm sells to commercial banks, pension funds, and select real-sector entities in Colombia via direct enterprise sales (contact form, phone, WhatsApp), with named customers including Banco de Bogotá, Banco de Occidente, Banco Popular, Davivienda, Porvenir, and Acueducto, alongside a reported 60+ active software licenses, 100+ completed projects, and 50 clients.

The company is a member of Abelica Global, an international network of actuarial and financial consulting firms with presence in 30+ countries, providing international best-practice access. The company remains privately held and Colombian-domiciled (S.A.S. structure) with no disclosed external investment, and operates as an 11–50-person firm focused exclusively on the Colombian regulated financial market.

Name

Finac

Legal name

FINAC Finanzas y Actuaria S.A.S.

Website

https://finac.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Finac is a privately held Colombian software and actuarial consulting firm that sells proprietary risk, treasury, and investment-portfolio management software, plus consulting and outsourcing services, to banks, pension funds, and corporate treasuries in Colombia.

Ownership category

akta.pro rank

Product category

Financial Risk Management Software

NAICS

Portfolio Management and Investment Advice (523940), Software Publishers (5132)

SIC

Finance Services (6199)

akta.pro primary industry

Transaction Analytics & Cash-Flow Insights (risk signals, forecasting) (FSAGACAG)

akta.pro secondary industry

Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)

Keywords

• Investment portfolio management
• Financial risk software
• Actuarial consulting
• Treasury management software
• Regulatory compliance software

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Licenses: Sale and licensing of proprietary financial software products including e-Finac, Finac ALM, Finac ALM+, Finac Gerencial, Finac FX, and Finac Auditor. The company reports 60+ active software licenses and 100+ projects completed.
2. Professional Services - Consultoría Actuarial: Actuarial consulting services with 25+ years of experience, offering services to financial sector clients. Member of Abelica Global international network.
3. Finac Outsourcing: Outsourcing services for investment portfolio valuation processes, regulatory risk and portfolio report production, audit on portfolio administration processes, deposit reconciliations, management indicator production, and risk control.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Finac develops and licenses a proprietary suite of financial software (e-Finac, Finac ALM, Finac ALM+ RTILB, Finac Gerencial, Finac FX, Finac Auditor) for investment portfolio management, market and liquidity risk measurement, asset-liability management, foreign exchange trading, and regulatory reporting. The company complements its software with actuarial consulting services and outsourcing (BPO) for portfolio valuation and regulatory report production.

Product overview

Finac is a software and actuarial consulting company that offers a portfolio of specialized financial software products for investment portfolio management, risk management, and treasury operations in the Colombian financial sector. The core offering includes e-Finac as the primary integrated platform covering the full operational cycle (Front, Middle, Back Office), supplemented by specialized modules: Finac ALM for liquidity and market risk measurement, Finac ALM+ RTILB for interest rate risk in the banking book, Finac Gerencial for real-time performance measurement and risk control, Finac FX for foreign exchange trading operations, and Finac Auditor as an audit support tool. Services include actuarial consulting and outsourcing services for investment portfolio valuation and regulatory reporting.

Differentiator

Problem solved

Functional benefit

Brands

• e-Finac: Platform for fund management, investment portfolios, securities administration, and trading covering Front, Middle and Back Office operations.
• Finac ALM
• Finac ALM+ RTILB
• Finac Gerencial
• Finac FX
• Finac Auditor

Products and services

• e-Finac A platform for fund management, investment portfolios, securities administration, and trading that covers the entire operational cycle of investment portfolio management, automating and optimizing Front, Middle, and Back Office processes for financial institutions.
• Finac ALM

Quantifiable outcome

• 60+ active software licenses in the Colombian financial market
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Abelica GlobalcoreStrategic or Co-development PartnerFinac is a member of Abelica Global, an international organization of actuarial and financial consulting firms. This membership provides access to a global network of expertise in actuarial consulting across more than 30 countries, enabling knowledge sharing and international best practices for clients.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Temenos: Temenos provides core banking and treasury software to banks worldwide, including in Latin America. Its treasury and risk modules overlap with Finac's offering for financial institutions seeking end-to-end banking platforms.
• FIS: FIS offers banking and capital markets technology including treasury, risk, and trading platforms. As a broad incumbent in financial institution software, it represents an alternative vendor for the same buyers Finac serves.
• Oracle Financial Services Software: Oracle provides banking, treasury, and risk analytics solutions to large financial institutions. Its banking and risk suites overlap with Finac's portfolio of treasury, ALM, and risk products.
• SAS: SAS offers risk analytics, regulatory reporting, and fraud solutions used by global banks. It competes with Finac on enterprise-wide risk measurement, stress testing, and regulatory compliance modules.
• Finastra: Finastra provides a broad suite of banking and capital markets software, including treasury and risk modules. As a large incumbent, it competes with Finac's integrated Front/Middle/Back Office platform at mid-to-large banks.
• Bloomberg PORT: Bloomberg's PORT and AIM products provide multi-asset portfolio and risk analytics used by large financial institutions. They compete with Finac Gerencial and Finac ALM in real-time VaR, limit monitoring, and portfolio risk reporting.

Direct peers

• Adenza (formerly Calypso Technology): Adenza (Calypso) offers a cross-asset platform for capital markets, treasury, collateral, and risk management. It overlaps directly with Finac's e-Finac, Finac ALM, and Finac FX products for banks and financial institutions.
• Murex: Murex provides the MX.3 platform for trading, treasury, risk management, and post-trade processing across capital markets and banking. It directly competes with Finac in ALM, market risk, FX, and securities administration software for financial institutions.
• MSCI (BarraOne): MSCI's BarraOne platform provides multi-asset risk analytics, VaR, and stress testing for institutional investors. It competes with Finac Gerencial's real-time portfolio risk and limit monitoring capabilities.
• Moody's Analytics: Moody's Analytics offers risk and regulatory reporting solutions (including IRRBB and ALM) used by banks globally. Its product set directly overlaps with Finac ALM and Finac ALM+ RTILB for SFC-aligned regulatory reporting.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=0DxeYeCb96A

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finac