BBVA, one of the top 15 banks in the world, has entered in a partnership with Finacle Universal Banking Solution. The bank, which has signed a global agreement with Finacle, will start the transformation exercise in BBVA Banco (Paraguay) by leveraging Finacle’s agile new generation technology. BBVA will implement Finacle core banking, CRM, treasury and wealth management solutions.
In 2007, BBVA began an innovation and transformation journey to fuel growth and expand current offerings. As a strategic imperative, the bank decided to replace legacy solutions with a leading world-class banking solution. BBVA evaluated several leading technology solutions and finally chose Finacle Universal Banking Solution from Infosys. With the transformation and innovation plan launched in 2007, BBVA also aims to further improve cost efficiencies and productivity.
On this partnership, BBVA’s Chairman and CEO, Mr. Francisco Gonzalez said, “BBVA is strongly committed to its innovation and transformation plan, and the partnership with Infosys and Finacle is a big step in that way. We like to work with the best partners and Infosys is a very strong global partner.”
BBVA has established its leadership position in the worldwide financial services industry, and with this strategic initiative, the bank will be able to reinforce this position with faster innovation, robust scalability and more responsive service to our customers.
