04 July 2015

Banco Santander awards Accenture EUR100m integration contract

25 March 2009  |  12717 views  |  0 Santander logo web screen shot

Spain's Banco Santander has inked a two-year, EUR100 million deal with technology consultancy Accenture as it looks to integrate the various IT systems recently inherited through a spate of acquisitions.

Accenture will provide systems integration, consulting, business process management and IT and business process outsourcing.

The deal will initially cover recently acquired Banco Real in Brazil and the Royal Bank of Scotland's European consumer finance unit as well as the integration of Abbey National and Alliance & Leicester into Santander Group in the UK.

Following its acquisition of A&L last year, the Spanish bank said it would transfer the unit's operations onto its proprietary IT platform, Partenon.

Before the takeover, A&L had been mid-way through a three-year project to move its legacy core retail and commercial banking systems to Accenture's Alnova technology platform.

The contract also calls for Accenture to develop and implement strategic initiatives relating to Santander's operations in Spain, Portugal, the UK, Germany, Mexico, Brazil, Argentina and Chile.

José Mª Fuster, general technology and operations manager, Grupo Santander, says: "Thanks to this agreement, we can significantly strengthen our execution capabilities to continue implementing our strategic systems vision, which has made us the most efficient global bank in the world."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

13 January, 2009
12 January, 2009
12 December, 2008
14 July, 2008
02 October, 2006
28 April, 2006
26 July, 2004

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Barclays takes on Apple with wearable paym...
8944 views comments | 38 tweets | 35 linkedin
Singapore pledges S$225m to fintech
8124 views comments | 31 tweets | 23 linkedin
US banks pump $16.6bn into digital transfo...
7052 views comments | 35 tweets | 24 linkedin
Greeks flock to Bitcoin
6037 views comments | 30 tweets | 18 linkedin
UK payments regulator calls for 'pipes and...
5648 views comments | 27 tweets | 20 linkedin

Featured job

£90-110K Basic Circa £200-250K OTE NO CEILING
London

Find your next job