SYSDE holds its position in Mexico
Afore Afirme Bajïo was certified by CONSAR in a record time

The Association of Funds for Retirement Afirme Bajío (Afore AB) is an entity for management of retirement funds which is being constituted with capital belonging to the banks Afirme and of the Bajío, both Mexican.

The certification is granted by the National Commission of the Savings System for Retirement (CONSAR). Said commission is in charge of reviewing, valuating and approving that the Afore is complying with the necessary requirements for the correct administration and investment of the money brought by the affiliated.

With the certification obtained in Afirme AB, SYSDE holds its position on the Mexican market, initiated in 1996. Mexico is a very competitive market in the field of retirement funds, due to the numerous AFORES.

The review carried out by CONSAR of the computerized equipment and systems for management of an Afore may take from 15 days to 1 month and is carried out by at least 5 officials. In the case of Afirme AB, 3 days only were necessary to complete said review. This was due to various factors, among which: a user with a great experience of computerized tools, a stable system (SYSDE PENSION), easy to use, a series of guides with the details of the tests to be carried out and an excellent organization on the part of the entities involved.

This project could be completed thanks to the participation of the following SYSDE specialists.

Directly in this certification:

• Henry Hernández
• Johanna Mora
• Alexander Retana

In the project:

• Roger Herrera
• Claudia Mora
• Eduardo Lobatón
• Rolando Aguilar
• Luis Enrique Morales
• Cyntia Garcia
• Yorleny Martinez
• Oswaldo Santos
• Diego López
• Roy Salazar

Once more, the effort and dedication of SYSDE collaborators makes possible the certification of an administrator of retirement funds.

¡Excellent work!