In an interview with BNamericas, Dimension Data CEO Jason Goodall says that, along with financial services, three other industries are driving IT spending.
The government's plan to reform the country's pension system remains highly unpopular among Brazilians.
The profit increase was driven by the health and dental insurance segments.
Chile's economic activity surprised to the upside in March, while Peru's largest bank expects a key rate cut to come soon in order to stimulate a slowing economy.
The legislature confirmed a supreme court ruling declaring 12 treaties unconstitutional, as concerns from trade partners begin to emerge.
President Juan Manuel Santos named Jorge Castaño, the current director of deposit insurance fund Fogafin, to take the reigns at the Superfinanciera.
The regulator levied the fines, citing illicit agreements to limit transfers between several of the country's top retirement fund managers.