ProCredit Group Adopts Teciem's Kondor Up Treasury Platform for Enhanced Capabilities
ProCredit group has selected Kondor Up by Teciem to enhance its treasury capabilities across an international network of ten commercial banks in South-Eastern and Eastern Europe. The platform, a cloud-native evolution of the existing Kondor system, is designed to support scalability, automation, and continuous innovation while addressing local regulatory requirements. ProCredit aims to leverage this technology for greater operational efficiency, improved risk management, and future growth. Christian Dagrosa, CFO at ProCredit Holding AG, highlighted Teciem's deep understanding of the group’s strategic goals and how Kondor Up aligns with its need for a modern treasury solution. Wissam Khoury, CEO of Teciem, emphasized that this partnership marks an important milestone in delivering next-generation cloud-native solutions to financial institutions.
Topics: banking infrastructure cloud computing treasury management