BBVA and Cisco Bolster its Partnership To Advance Digital Transformation By CIOTechOutlook Team

BBVA and Cisco Bolster its Partnership To Advance Digital Transformation

CIOTechOutlook Team | Thursday, 07 March 2024, 10:48 IST

Cisco and BBVA declared the organizations have developed their essential partnership and marked a Whole Portfolio Agreement (WPA), giving BBVA quicker admittance to Cisco's exhaustive programming and Customer Experience (CX) portfolio. BBVA is the main EMEA-based financial services establishment to agree WPA with Cisco in Europe and Latin America.

The five-year agreement incorporates answers for online protection, cooperation, data center, systems administration and administrations. The concurrence with BBVA traverses tasks across different nations. It incorporates proactive administrations given by a particular Cisco group and advances cooperative development. Furthermore, the arrangement improves on administration by uniting 3,000 individual agreements into a unified agreement. This smoothes out BBVA's worldwide IT tasks, essentially further developing productivity.

"BBVA's alliance with Cisco is more than a supplier-customer relationship. After eight years of Strategic Partnership working together, BBVA premises and employees worldwide will have access to not only current but future Cisco technological developments," says José Luis Elechiguerra, Global Head of Engineering at BBVA. "Additionally, the agreement allows BBVA to achieve significant efficiency and productivity gains," adds Jordi García, Global Head of Strategy & Performance of Engineering at BBVA.

According to Oliver Tuszik, President of Cisco's Europe, Middle East and Africa region (EMEA), "We are proud to support the continued growth of one of the world's leading financial institutions. For over a decade, BBVA has pioneered the digitization of banking in Spain and globally by putting customer experience at the center. During the next stage of our strategic partnership, together we will leverage the power of Cisco's whole portfolio, including the latest AI-driven innovations, to accelerate their transformation."