Spanish bank BBVA has today announced a global agreement with Amazon Web Services (AWS) that aims to accelerate its global transformation through cloud computing.
The agreement, which is part of a series of accords that the group is forging with strategic providers, turns AWS into the preferred cloud infrastructure services provider for BBVA.
BBVA has already been working with AWS to build a secure, flexible and scalable cloud-based solution that will help meet the exponential growth in transactions that the digital age brings.
BBVA platforms currently manage more than 542 million transactions a day, compared to 90 million in 2006. In 2017 they will be prepared to manage one billion transactions a day in real time.
Ricardo Moreno, global head of BBVA engineering, said: “The digital transformation of our business means that our technology platforms must be prepared to face an exponential transactions growth and cloud computing technologies have much to contribute in this direction.
“Working with AWS and having them accompany us on this journey not just with their products but also with their expertise, will accelerate our transformation.”
The partnership allows BBVA to use all the cloud’s potential while working closely with regulators and supervisors in order to comply with their requirements.
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