Frankfurt, 60322,
Mauritius
African Development Corporation (ADC) Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by African Development Corporation (ADC) and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 African Development Corporation (ADC) employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that African Development Corporation (ADC) has purchased the following applications: V3locity Investment Administration for Portfolio and Investment Management in 2012 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems African Development Corporation (ADC) is running and its propensity to invest more and deepen its relationship with Vitech Systems Group or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing African Development Corporation (ADC) revenues, which have grown to $700.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for African Development Corporation (ADC) intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Vitech Systems Group | Legacy | V3locity Investment Administration | Portfolio and Investment Management | Investment Management | n/a | 2012 | 2013 |
In 2012, African Development Corporation implemented V3locity Investment Administration. V3locity Investment Administration is a Portfolio and Investment Management application deployed to support ADC's fund administration requirements.
The implementation was positioned to consolidate fund administration and investment operations for ADC, which operates in banking, insurance and proprietary investments across sub-Saharan Africa from its Mauritius base. Configuration emphasized multinational functionality common to Portfolio and Investment Management systems, including portfolio accounting, fund accounting, investor servicing, multi-currency processing and automated reconciliation workflows.
ADC accessed V3locity Investment Administration as a SaaS instance hosted in Vitech's private cloud, providing global access and centralized application control. The deployment model supported centralization of investment operations, middle office and finance functions without on-premises infrastructure changes, aligning system access across ADC's regional activities.
Selection of V3locity Investment Administration was driven by Vitech's stated powerful functionality, multi-national capabilities and ease of deployment. The private-cloud SaaS architecture enabled ADC to standardize governance, operational processes and provisioning across its investment and fund administration activities.
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