Fopep
- Company typePrivate
- Founded2022
- HeadquartersBogotá, Colombia
- Headcount51–100
- GTM typeB2C
- OfferingServices
Fopep firmographics
Firmographics- Name
- Fopep
- Legal name
- Consorcio FOPEP
- Website
- https://fopep.gov.co
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Fopep industry classification
Industry- Product category
- Public Pension Fund Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Pension Funds (525110), Trusts, Estates, and Agency Accounts (52592)
- akta.pro primary industry
- Pensions & Retirement Benefits Administration (BPAIAKAA)
- akta.pro secondary industries
- Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA), Fiduciary Agency & Trustee-for-Hire Services (FSAAANAL), Pensions, Benefits & Retirement Disbursements (FSAMAKAI)
Keywords
Where Fopep is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Offices1 record
Markets served
Fopep business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Fiduciary Administration Services: FOPEP operates as a fiduciary administrator of public pension funds under Contract No. 723 of 2022 with Colombia's Ministry of Labor. The organization receives resources from the National Pension Fund and processes pension payments. The consortium (Fiduciaria La Previsora S.A. and Fiduciaria Bancolombia S.A.) earns fees for administering the fund and processing payroll for public sector pensioners.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Fopep product offering
Product offeringCore offering
FOPEP (Fondo de Pensiones Públicas del Nivel Nacional de Colombia) administers the Colombian national public sector pension fund under Fiduciary Contract No. 723 of 2022 with the Ministry of Labor. Operated by Consortium FOPEP (Fiduciaria La Previsora S.A. and Fiduciaria Bancolombia S.A.), the entity processes monthly pension payroll, issues certificates, manages health contributions and EPS affiliations, handles loan discounts and embargoes, and administers survivor and disability benefits for retired public sector employees.
Product overview
FOPEP operates as a pension payroll management and payment platform for Colombia's national public sector pension fund. The platform provides a unified portal for pensioners to access certificate issuance and payment coupon services, along with administrative procedures for pension management including survival verification, EPS health affiliation changes, payment site modifications, and international payment services. The system also includes a Portal Terceros for third-party entities (financial institutions, cooperatives, unions) to manage discount codes and loan deduction processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Certificados y Cupones de Pago
Quantifiable outcome
- Efficient pension payment processing for public sector pensioners
Companies that use Fopep
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Fopep technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Fopep partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- FIDUCIARIA LA PREVISORA S.A.coreFiduciary services company forming one half of the Consortium FOPEP (along with Fiduciaria Bancolombia S.A.) responsible for administering the National Public Pension Fund under Contract No. 723 of 2022 with the Ministry of Labor.
- FIDUCIARIA BANCOLOMBIA S.A.coreFiduciary services company forming one half of the Consortium FOPEP (along with Fiduciaria La Previsora S.A.) responsible for administering the National Public Pension Fund under Contract No. 723 of 2022 with the Ministry of Labor.
- Ministerio de Trabajo de ColombiacoreThe Colombian Ministry of Labor is the contracting authority that delegated fiduciary administration of the National Public Pension Fund to Consortium FOPEP through Encargo Fiduciario Contract No. 723 of 2022.
- UGPP (Unidad de Gestión de Pensiones y Parafiscales)coreGovernment entity responsible for pension recognition and schooling pension certification. Pensioners must contact UGPP for reliquidations, retroactively payments, and schooling pension requirements.
Scale indicators2 records
Recent moves5 records
Fopep competitors and assessment
Company assessmentOthers
- Fiduciaria Bancolombia: Fiduciary arm of Grupo Bancolombia and one of the two consortium partners of FOPEP. Comparable in fiduciary services, asset administration, and pension-related fund management in Colombia.
- Fiduprevisora: Colombian state-owned fiduciary that partners with Bancolombia's fiduciary arm to form Consortium FOPEP. Directly comparable in fiduciary administration services and pension resource management capabilities.
Broad incumbents
- ISS A/S (now part of FIS): Global facility services and pension administration provider that historically operated one of the world's largest pension administration platforms. Comparable in pension payroll processing and benefits administration at scale, though operating globally rather than Colombia-specific.
- Genpact: Global professional services firm offering BPO for pensions, claims processing, and benefits administration. Comparable in providing outsourced operational and administrative services for pension and benefit programs at enterprise scale.
- ADP (Automatic Data Processing): Global payroll and benefits administration provider with extensive pension and retirement services. Comparable in administering large-scale monthly pension/benefit disbursements and providing self-service portals for recipients.
- UGPP (Unidad de Gestión de Pensiones y Parafiscales): Colombian government entity responsible for pension recognition, reliquidations, and parafiscal collection. Operates as a broader public-sector pension administrator and acts as a regulatory partner to FOPEP for pension recognition.
Direct peers
- Colpensiones: Colombian public pension administrator managing the contributory regime for private-sector and some public-sector workers. Most directly comparable to FOPEP as both administer public pension payroll in Colombia under government mandate.
- Protección: Major Colombian private pension fund administrator (AFP). Comparable in administering pension funds, processing payments, and managing contributor accounts, though for the private-sector contributory regime rather than FOPEP's public-sector mandate.
- Porvenir: One of Colombia's largest private pension fund administrators (AFPs), managing mandatory pension contributions for private-sector workers. Comparable to FOPEP in administering pension accounts and processing monthly pension payments, though operating under a different regulatory framework.
Regional players
- Caja de Retiro de las Fuerzas Militares: Colombian military pension fund administrator managing retirement benefits for armed forces personnel. Comparable in administering public-sector pensions and processing monthly pension payments in Colombia, though serving a specialized military constituency.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Fopep social profiles
Digital presenceFopep financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fopep leadership team
Management profileNumber of profiles
Fopep funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fopep 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 Fopep
What does Fopep do?
FOPEP (Fondo de Pensiones Públicas del Nivel Nacional de Colombia) administers the Colombian national public sector pension fund under Fiduciary Contract No. 723 of 2022 with the Ministry of Labor. Operated by Consortium FOPEP (Fiduciaria La Previsora S.A. and Fiduciaria Bancolombia S.A.), the entity processes monthly pension payroll, issues certificates, manages health contributions and EPS affiliations, handles loan discounts and embargoes, and administers survivor and disability benefits for retired public sector employees.
Is Fopep a public or private company?
Fopep is a private company. It is classified as state government owned and is currently operating.
When was Fopep founded?
Fopep was founded in 2022. It employs 51 to 100 people.
Where is Fopep based?
Fopep is headquartered in Bogotá, Colombia, in the Latin America region.
How does Fopep make money?
One revenue line is on record: fiduciary Administration Services.
Who are Fopep's main competitors?
Others on record are Fiduciaria Bancolombia and Fiduprevisora. Broad incumbents are ISS A/S (now part of FIS), Genpact, ADP (Automatic Data Processing) and UGPP (Unidad de Gestión de Pensiones y Parafiscales). Direct peers are Colpensiones, Protección and Porvenir. Caja de Retiro de las Fuerzas Militares is listed as a regional player.
Does Fopep have an API?
No public API is recorded for Fopep.
What industry is Fopep in?
Fopep's product category is Public Pension Fund Administration. Its primary akta.pro industry code is BPAIAKAA, Pensions & Retirement Benefits Administration, with a secondary code of FSAAAGAA, Corporate & Public Pension Funds (DB/DC Sponsors). Its NAICS code is 524292.