Intelligent CIO LATAM Issue 51 | Page 28

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Beyond digitalization: three axes driving financial transformation in Colombia

GlobalLogic outlines how Code, Capital and Change converge to create a more agile, resilient and intelligent financial system. Colombia is already putting this framework into practice.

GlobalLogic has identified three strategic axes shaping the future of the financial sector: Code, Capital and Change. Their convergence, according to the company, marks the path to a more agile, resilient and intelligent financial system capable of meeting the challenges of the next decade.

This approach suggests that the true competitive advantage does not lie only in adopting Artificial Intelligence or digitizing channels. Instead, it comes from strategically integrating these three components into a connected organizational architecture. commitment to the transformation of the Colombian financial system, to guarantee a more dynamic, accessible and user-centered environment,” said Gabriel Arango, GlobalLogic’ s Head of Technology for Latin America.
Code represents the technological foundation that enables real-time decision-making, AI scalability and agile development. In this space, GlobalLogic has supported international institutions by reducing Machine Learning model deployment times through MLOps platforms and applied intelligence strategies.
The trend is already visible in Latin America. In Colombia, for instance, the financial system is advancing along this route. One recent example is the Bre-B platform, designed to simplify processes, promote interoperability and deliver more efficient user experiences, aligning with the principles proposed by GlobalLogic.
“ Bre-B embodies these three axes. From the Code, it is supported by a modern, digital and connected architecture that allows immediate and secure transactions. In terms of Capital, it promotes new value schemes by enabling open and inter-institutional payments that can scale with public and private actors. And as for Change, it represents an institutional
Capital refers to integrated finance, now driven by modern solutions such as open APIs, digital wallets and user experience innovation. One example is a fintech that processes over US $ 2 billion annually. With GlobalLogic’ s support, it modernized its payments network, reduced technical debt and accelerated new feature launches by 70 %.
Change, meanwhile, relates to adaptability. From redesigning products with a user focus to embedding predictive models and automation, well-managed change becomes a structural advantage rather than a threat. GlobalLogic recently supported the modernization of 12 business lines of a leading insurer through APIs, user-centric redesign and AI integration, enabling US $ 15 million in savings and boosting scalability.
“ Code is the basis, Capital is the opportunity and Change is reality. This is the new face of change: it is not episodic but designed. It’ s no longer futuristic; it is a transformation that is happening today and is underway, where Latin America is not being left behind,” Arango added.
With this vision, GlobalLogic is working with banks, neo-banks, insurers and fintech companies across the region, guiding them in the shift to intelligent, sustainable and user-centric digital platforms. p
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