BancoEstado AGF: modernizing investment management with a vision for the future
Santiago, Chile – December 2025 — Modernizing investment management in a financial institution is not simply a technology project. It is a strategic decision with a direct impact on daily operations, risk control, and long-term growth capacity.
In an increasingly demanding financial environment—both from a regulatory and operational standpoint—having the right technological infrastructure becomes critical to maintaining leadership and anticipating future challenges.
The challenge: growing with control and efficiency
BancoEstado AGF is the general fund manager with the largest number of participants in the Chilean market, with a strong commitment to pension savings and responsible investment management.
This leadership brings with it an ongoing challenge: to continue expanding its customer base while maintaining high operational standards, a wide range of financial instruments, and rigorous risk control.
As Felipe Banse Recordon, General Manager of BancoEstado AGF, explains, the challenge was not only to execute transactions, but also to have a platform that would allow:
Operate efficiently and safely
Access a wide range of financial instruments
Ensure control, traceability, and regulatory compliance
Preparing for sustainable growth over time
Key criteria for a platform change
When evaluating new technological infrastructure for investment management, BancoEstado AGF identified three key factors:
1. Integration with the technological ecosystem and the local stock exchange
The ability to integrate robustly with existing systems and local market infrastructure was a key requirement to ensure operational continuity and reduce risks.
2. In-depth knowledge of the Chilean financial market
Beyond technology, it was essential to have a team that understood the particularities of the local market, its regulations, and its operational dynamics.
3. Evolution toward the future
The decision had to enable not only current needs, but also the ability to adapt to future challenges, with a platform ready to scale and evolve.
The decision: VMetrix as technological infrastructure
After an in-depth evaluation process, BancoEstado AGF chose VMetrix as its technological infrastructure for investment management.
The platform enabled progress toward an integrated model with a long-term vision aligned with the requirements of a leading financial institution in the market.
Concrete results from the operation
Today, BancoEstado AGF has made significant progress in its daily operations, including:
Reduced operational risks, thanks to greater integration with the local stock exchange
Incorporation of automated risk controls, which previously required manual processes or complementary solutions
Operation with a world-class standard solution, implemented in an agile and simple manner
These results not only impact operational efficiency, but also the peace of mind and confidence with which the organization can face its future growth.
“VMetrix better prepares us for the future.”
— Felipe Banse Recordon, General Manager, BancoEstado AGF
Technology as a strategic enabler
This case reflects how the right technology ceases to be an operational support and becomes a strategic business enabler, allowing financial institutions to combine growth, control, and compliance in a single model.
At VMetrix, we thank BancoEstado AGF for their trust and for sharing their experience, which demonstrates how a long-term vision and a solid technological infrastructure can make a difference in investment management.
Is your institution considering modernizing its investment management?
Descubre cómo VMetrix ayuda a bancos y administradoras de fondos a integrar su operación y prepararse para el futuro.
This is a milestone that fills us with pride and motivates us to continue building what is to come. We know that the challenges facing the financial industry are great, but so is the opportunity to transform it with real technology.
If you would like to learn more about our work or explore a strategic alliance, please contact us at contact@vmetrix.com. The future of financial management in Latin America is already underway. And we are building it from here.
