International announced its Americas' Data Center (ADC) is fully
operational, providing data processing for its Washington, DC-based
Headquarters and subsidiaries in the Latin America region. With its
existing data center in Frankfurt, Germany, and its Africa data center,
the ADC will enable FINCA to fulfill its vision of increased outreach to
the world's lowest-income entrepreneurs while improving sustainability
for its programs worldwide.
President and CEO Rupert Scofield said, "With more of our business
dependent on information technology, we're taking steps today to deliver
the productivity gains available through technology innovations. The ADC
enables system-wide growth to create more effective and eficient
systems, which helps lower our costs and pass the savings on to clients."
Braulio Oliveira, Chief Information Officer, said the new data center
sets the standard for the implementation and expansion of all of FINCA's
regional data centers. "Emplacing FINCA's information technology systems
in commercial data centers allows FINCA's 10,000 colleagues worldwide
access to the most current data and information to better serve our
According to Mr. Oliveira, the ADC will initially house FLEXCUBE for
FINCA's Mexico Subsidiary, with Human Resources Information System,
Enterprise Data Warehouse, Financial Management System and Email
infrastructures coming online in the future.
FINCA Board Member and Technology Committee Chair Paul LeFort noted,
"Investments such as this enable FINCA to fulfill its vision of
increased outreach, while improving performance and sustainability in
our 21 subsidiaries. This is a smart and strategic move for FINCA."
FINCA, a leading international microfinance organization, provides
financial services to the world's lowest-income entrepreneurs so they
can create jobs, build assets and improve their standard of living. For
more than 25 years, FINCA has been committed to breaking the cycle of
poverty by providing community-based credit and savings opportunities.
Based in Washington DC, FINCA currently reaches more than 980,000
clients through its network of subsidiaries in Africa, Eurasia, the
Greater Middle East, and Latin America. FINCA International is the
parent of 21 microfinance subsidiaries, managing their global activities
through FINCA Microfinance Holdings, LLC, which allows FINCA to leverage
funding from socially-responsible investment partners to support the
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