ProCredit group selects Kondor Up by Teciem for treasury capabilities

ProCredit group has selected Kondor Up, developed by Teciem, to strengthen its treasury operations across its international banking network. This strategic decision aims to modernize and enhance the group's financial management capabilities.

Kondor Up represents an evolution of the established Kondor platform, integrating robust treasury functionalities with a cloud-native operating model. The platform is designed to foster scalability, drive automation, and support continuous innovation within financial institutions.

The implementation of Kondor Up is expected to provide ProCredit group with advanced tools for risk management and liquidity optimization. This move aligns with the group's objective to streamline operations and adapt to evolving market demands across its various subsidiaries.

Teciem's Kondor Up solution will be rolled out across ProCredit's network in the coming months. This investment underscores ProCredit's commitment to leveraging technology for improved efficiency and operational resilience in its global treasury functions.