Fiducoldex S.A.
Fiducoldex S.A. is a Colombian state-affiliated foreign trade fiduciary that administers collective investment funds, private capital funds, autonomous patrimonies, and fiduciary mandates for government entities, corporations, and retail investors under the Grupo Bicentenario umbrella.
- Company typePrivate
- Founded1992
- HeadquartersBogotá, Colombia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Fiducoldex S.A. does
Fiducoldex S.A. (legal name: Fiduciaria Colombiana de Comercio Exterior S.A.) is a Bogotá-headquartered, mixed-economy Colombian fiduciary founded on October 31, 1992, that administers collective investment funds, private capital funds, autonomous patrimonies, and structured fiduciary mandates. The company is indirectly controlled by Banco de Comercio Exterior (Bancóldex) at 89.6% ownership, with chambers of commerce (4.3%) and trade associations (6.1%) as minority shareholders, and operates under the umbrella of Grupo Bicentenario, Colombia's 4th largest state financial conglomerate comprising 13 entities. It is supervised by the Superintendencia Financiera de Colombia and maintains a statutory mandate as a strategic ally of the Ministry of Commerce, Industry and Tourism.
The product portfolio is organized into four pillars: (1) Collective Investment Funds (FIC Fiducoldex, FIC Capital Inteligente, FIC Objetivo) offering sight and 60-day permanence vehicles at varying minimum investments (COP $200,000 to $100,000,000); (2) Private Capital Funds (Aureos Colombia FCP, Fondo de Fondos, Fondo de Fondos II) providing SME and fund-of-funds exposure across Colombia and Latin America; (3) Fiduciary Business Services (Negocios Fiduciarios) including guarantee/payment source vehicles, autonomous patrimonies such as Fondo Mujer Libre y Productiva, Fondo para la Vida y la Biodiversidad, Findeter Contract 027/2024, and eight new Obras por Impuestos mandates; and (4) Advisory Services delivered by AMV-certified commercial directors. The technology stack includes a FinanSoft-backed transactional platform (ZWT, recently rebranded to FIDUCASH), PSE payment integration via eCollect Plus, SECOP II procurement compliance, a third-party-built Customer Analytics Model (Predictiva S.A.S.), and an in-house complex networks analysis system for fraud and risk detection.
Fiducoldex monetizes through asset-based management and administration fees across its four pillars, supplemented by professional advisory fees. Distribution combines enterprise field sales for government and corporate fiduciary mandates, inside sales through AMV-certified advisors for investment funds, digital self-service via PSE/Fiducash, and partner-bank networks for fund subscriptions. The customer base is concentrated in Colombian public-sector entities (ProColombia, Fontur, iNNpulsa, Colombia Productiva, Fondo Mujer, Fondo Biodiversidad, Fondo Caldas, Findeter, Instituto Nacional de Salud) and large corporates executing Obras por Impuestos (EPM, ISAGEN, Ecopetrol Group, Argos), with a retail tail of individual FIC investors. By 2025, FIC assets under administration reached $2.1 trillion COP (215.44% year-over-year growth) and the firm held Fitch 'Excelente(col)' for the ninth consecutive year alongside ISO 9001:2015 certification.
Fiducoldex S.A. firmographics
Firmographics- Name
- Fiducoldex S.A.
- Legal name
- Fiduciaria Colombiana de Comercio Exterior S.A.
- Website
- https://fiducoldex.com.co
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Fiducoldex S.A. is a Colombian state-affiliated foreign trade fiduciary that administers collective investment funds, private capital funds, autonomous patrimonies, and fiduciary mandates for government entities, corporations, and retail investors under the Grupo Bicentenario umbrella.
- Ownership category
- akta.pro rank
Fiducoldex S.A. industry classification
Industry- Product category
- Fiduciary Services
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920), Portfolio Management and Investment Advice (523940)
- SIC
- Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI)
- akta.pro secondary industries
- Corporate & Institutional Trust Services (FSAAANAB), Personal Trust & Fiduciary Administration (FSAEAKAA)
Keywords
Where Fiducoldex S.A. is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Offices1 record
Markets served
Fiducoldex S.A. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Collective Investment Fund (FIC) Administration: Fees from administering Collective Investment Funds including FIC Fiducoldex, FIC Capital Inteligente, and FIC Objetivo, managing collective investor resources with professional investment management
- Private Capital Fund Administration: Fees from managing Private Capital Funds including Aureos Colombia FCP, Fondo de Fondos, and Fondo de Fondos II, targeting SMEs and investment in Colombia and Latin America
- Fiduciary Business Administration: Fees from administering autonomous patrimonies, fiduciary mandates, and fiduciary contracts for public and private sector clients including guarantee, investment, and administration services
- Advisory Services: Revenue from financial advisory activities conducted by certified professionals, providing investment recommendations and portfolio management advice to clients
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | FIC Fiducoldex - At-sight investment fund with no minimum permanence |
| Subscription | Pay-as-you-go | FIC Capital Inteligente - Moderate risk fund with 60-day permanence pact |
| Subscription | Pay-as-you-go | FIC Objetivo - At-sight fund with high minimum investment |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Fiducoldex S.A. product offering
Product offeringCore offering
Fiducoldex S.A. is a Colombian foreign trade fiduciary (sociedad fiduciaria) that administers Collective Investment Funds (FIC Fiducoldex, FIC Capital Inteligente, FIC Objetivo), Private Capital Funds (Aureos, Fondo de Fondos, Fondo de Fondos II), fiduciary business administration (autonomous patrimonies, guarantee and payment source structures, investment trusts), and AMV-certified investment advisory services. It also structures dedicated autonomous patrimonies for government programs such as Fondo Mujer Libre y Productiva, Fondo para la Vida y la Biodiversidad, and the Patrimonio Autónomo Findeter, and operates the FIDUCASH transactional digital platform.
Product overview
Fiducoldex S.A. is a Colombian foreign trade fiduciary (sociedad fiduciaria) that offers a multi-product financial services portfolio organized into four main pillars: (1) Collective Investment Funds (Fondos de Inversión Colectiva — FIC Fiducoldex, FIC Capital Inteligente, and FIC Objetivo) providing savings and investment solutions for natural and legal persons; (2) Private Capital Funds (Fondos de Capital Privado — AUREOS, Fondo de Fondos, and Fondo de Fondos II) enabling alternative financing for entrepreneurs and SMEs; (3) Fiduciary Business Services (Negocios Fiduciarios) including administration and payments, guarantee and payment source structures, and investment trusts, plus specialized autonomous patrimonies such as Fondo Mujer Libre y Productiva, Fondo para la Vida y la Biodiversidad, and Findeter; and (4) Advisory Services (Actividad de Asesoría) delivered by AMV-certified professionals. These products are complemented by a transactional digital platform (ZWT/FIDUCASH), PSE payment integration, and customer service channels including the Financial Consumer Ombudsman. The company also publishes financial reports, economic reports, and manages customer relationships through a proprietary customer analytics platform.
Differentiator
Problem solved
Functional benefit
Products and services
- FIC Fiducoldex
Quantifiable outcome
- 215.44% growth in FIC assets under administration reaching $2.1 trillion COP in 2025
- +3 more outcomes
Companies that use Fiducoldex S.A.
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
Fiducoldex S.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature3 records
Fiducoldex S.A. partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered flagship, core and minor.
- Grupo Bicentenario S.A.S.flagshipParent conglomerate controlling Fiducoldex indirectly; Colombia's fourth largest state financial conglomerate with 13 entities. Fiducoldex is one of 13 financial entities working cohesively to offer financial services and connected activities with high quality standards, promoting economic and social growth.
- AsofiduciariascoreColombian Fiduciary Association membership. Industry body representing fiduciary companies in Colombia. Fiducoldex president served on Asofiduciarias board of directors.
- ColcapitalcoreColombian Private Capital Association membership. Industry association for private capital and venture capital industry in Colombia.
- Cámaras de Comercio (Chambers of Commerce)minorShareholders with 4.3% ownership. Chambers of Commerce representing regional business interests.
- Gremios (Trade Associations)minorShareholders with 6.1% ownership. Various trade associations representing different economic sectors.
- Ministerio de Hacienda y Crédito PúblicoflagshipMinistry of Finance and Public Credit; Fiducoldex is linked to this ministry. Parent of Grupo Bicentenario conglomerate.
- Ministerio de Comercio, Industria y TurismoflagshipMinistry of Commerce, Industry and Tourism; Fiducoldex is strategic ally supporting fulfillment of sector public policy with high-impact project accompaniment in commerce, industry, and tourism.
- Superintendencia Financiera de ColombiacoreFinancial regulator and supervisor; Fiducoldex is vigilada (supervised) by this entity ensuring compliance with financial regulations.
- Defensoría del Consumidor Financiero (Serna & Rojas)coreFinancial Consumer Ombudsman office; independent entity protecting financial consumer rights. Principal: Dr. Carlos Mario Serna Jaramillo; Alternate: Dra. Patricia Amelia Rojas Amézquita.
- Autorregulador del Mercado de Valores - AMVcoreSelf-regulatory organization for securities market; sets conduct standards for market participants. Fiducoldex complies with AMV regulations for investment advisory services.
- Fundación SanarminorSocial responsibility partner; joint program for generating positive community impact as part of Fiducoldex Sostenible sustainability initiatives.
- EPM (Empresas Públicas de Medellín)minorPartner in Obras por Impuestos projects; public utilities company contributing to regional development through infrastructure projects administered by Fiducoldex.
- ISAGENminorPartner in Obras por Impuestos; energy company participating in infrastructure development projects through Fiducoldex fiduciary administration.
- Grupo Ecopetrol (Oleoducto de Colombia, Hocol)minorEcopetrol group companies as partners in Obras por Impuestos projects; oil and gas sector contributing to educational infrastructure development.
- Argos (Cementos Argos)minorPartner in Obras por Impuestos projects; cement and construction materials company contributing to educational infrastructure projects.
- SouthLight Capital (Colony LatAm)coreProfessional manager for Aureos Colombia FCP; Latin America-focused private capital investment manager with offices in Mexico City, Lima, and Bogotá managing Aureos Latin America Fund investments.
Scale indicators11 records
Recent moves6 records
Expansion highlights7 records
Fiducoldex S.A. competitors and assessment
Company assessmentEmerging players
- Corredores Davivienda (Ultraserfinco): Ultraserfinco (now under Corredores Davivienda) is a Colombian brokerage and asset manager that operates FICs and investment funds comparable to Fiducoldex's, with greater focus on equities and alternative investment strategies rather than government-aligned fiduciary business.
Direct peers
- Fiduciaria Bogotá: Fiduciaria Bogotá S.A. is the largest fiduciary company in Colombia, affiliated with Grupo Bancolombia. It directly competes with Fiducoldex in collective investment funds, fiduciary administration, and autonomous patrimony mandates, but with significantly larger AUM and distribution through Bancolombia's nationwide branch network.
- BTG Pactual Fiduciaria (Colombia): BTG Pactual's Colombian fiduciary subsidiary offers investment-focused FICs and private capital fund administration. Comparable to Fiducoldex in managing alternative investment vehicles and serving HNW/institutional clients, with greater emphasis on private capital markets.
- Fiduciaria Davivienda: Davivienda's fiduciary arm offers FICs, autonomous patrimony administration, and fiduciary mandates to retail and corporate clients in Colombia. Directly comparable to Fiducoldex in product mix and target segments.
- Fiduagraria: Fiduagraria S.A. is a state-affiliated Colombian fiduciary, historically focused on the agricultural sector. Like Fiducoldex, it operates as a public-policy-aligned fiduciary with government autonomous patrimony mandates, competing for similar ministry and agency contracts.
- Fiduciaria de Occidente: Fiduciaria de Occidente is a Colombian fiduciary affiliated with Banco de Occidente (Grupo Aval). It competes in the same FIC and fiduciary administration space as Fiducoldex, particularly for corporate treasury and investment mandates.
- BBVA Fiduciaria (Colombia): BBVA's Colombian fiduciary subsidiary competes directly with Fiducoldex in FIC management and fiduciary business administration, leveraging BBVA's retail banking distribution. Comparable in offering collective investment funds and corporate trust services.
- Fiduprevisora: Fiduprevisora S.A. is a major Colombian fiduciary affiliated with the Ministry of Finance, managing pension, severance, and social security assets. It competes with Fiducoldex in large autonomous patrimony mandates and collective investment funds at the institutional end of the market.
Broad incumbents
- AFP Protección: Protección is one of Colombia's largest pension fund administrators (AFPs), managing mandatory pension savings across multiple funds. It is a broader incumbent in Colombian asset management whose pension fund vehicles compete with Fiducoldex's FICs for household retirement savings.
- Grupo Sura Investment Management: Grupo Sura's investment management arm (including Sura Asset Management) manages pension funds, FICs, and institutional mandates across Latin America. As a broader incumbent with multi-country reach, it competes with Fiducoldex for institutional and corporate trust mandates in Colombia and beyond.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Fiducoldex S.A. social profiles
Digital presenceFiducoldex S.A. compliance and trust
Trust signalCompliance1 record
Fiducoldex S.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fiducoldex S.A. leadership team
Management profileNumber of profiles
Profiles13 records
Fiducoldex S.A. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fiducoldex S.A. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fiducoldex S.A.
What does Fiducoldex S.A. do?
Fiducoldex S.A. is a Colombian foreign trade fiduciary (sociedad fiduciaria) that administers Collective Investment Funds (FIC Fiducoldex, FIC Capital Inteligente, FIC Objetivo), Private Capital Funds (Aureos, Fondo de Fondos, Fondo de Fondos II), fiduciary business administration (autonomous patrimonies, guarantee and payment source structures, investment trusts), and AMV-certified investment advisory services. It also structures dedicated autonomous patrimonies for government programs such as Fondo Mujer Libre y Productiva, Fondo para la Vida y la Biodiversidad, and the Patrimonio Autónomo Findeter, and operates the FIDUCASH transactional digital platform.
Is Fiducoldex S.A. a public or private company?
Fiducoldex S.A. is a private company. It is classified as state government owned and is currently operating.
When was Fiducoldex S.A. founded?
Fiducoldex S.A. was founded in 1992. It employs 101 to 250 people.
Where is Fiducoldex S.A. based?
Fiducoldex S.A. is headquartered in Bogotá, Colombia, in the Latin America region.
How does Fiducoldex S.A. make money?
Four revenue lines are on record. Collective Investment Fund (FIC) Administration is the primary driver. The others are private Capital Fund Administration, fiduciary Business Administration and advisory Services.
Who are Fiducoldex S.A.'s main competitors?
Corredores Davivienda (Ultraserfinco) is listed as an emerging player. Direct peers are Fiduciaria Bogotá, BTG Pactual Fiduciaria (Colombia), Fiduciaria Davivienda, Fiduagraria, Fiduciaria de Occidente, BBVA Fiduciaria (Colombia) and Fiduprevisora. Broad incumbents are AFP Protección and Grupo Sura Investment Management.
Does Fiducoldex S.A. have an API?
No public API is recorded for Fiducoldex S.A..
What industry is Fiducoldex S.A. in?
Fiducoldex S.A.'s product category is Fiduciary Services. Its primary akta.pro industry code is FSAEAKAI, Fiduciary Investment Management (Trust Portfolios), with a secondary code of FSAAANAB, Corporate & Institutional Trust Services. Its NAICS code is 523991 and its SIC code is 6199.