BME's fintech subsidiary joins forces with Grupo Acobo in Costa Rica

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Openfinance, BME’s fintech subsidiary, has signed an agreement with Grupo Financiero Acobo in Costa Rica to roll out its Openworkplace platform for client management activities and tracking of product portfolios.

Grupo Acobo is a benchmark company in the Cost Rica financial sector, in the field of investment portfolio building and provides additional customised services to provide constant support for clients in their investment decisions.

Securities brokers, along with investment advisers, are considered to be one of the most important areas of support for investors when it comes to channelling capital market funds.

Openworkplace is a technology platform which attracts, advises and retains high, medium and low net-worth clients, either through customised individual advice, regular standardised advice or self-managed portfolios.

With this new arrangement, Openfinance, which develops and implements technological products for financial advice and portfolio management, will further strengthen its position in Costa Rica, having recently signed an agreement with that country’s stock market (Bolsa Nacional de Valores) to distribute its technology in the region.

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