Madrid, December 26th 2024. In 2023, BBVA chose AWS to accelerate its data-driven transformation – and one year later, the bank’s global cloud data platform is a reality. After a process involving multiple use cases and numerous teams, BBVA completed 100% migration across Europe and Uruguay to its Analytics, Data, AI (“ADA”) cloud platform. The project involved the complex task of migrating tens of thousands of processes and thousands of users without interruptions in service. Following its success, BBVA is preparing to expand ADA across the rest of the countries in America where the Group operates, including Mexico, Colombia, Peru and Argentina, in 2025.
With ADA, BBVA is driving the transformation of its internal processes, the management of its risk models and global growth, and providing more innovative solutions to its clients, positioning itself as a benchmark in technological transformation within the financial sector.
ADA allows data to be stored more efficiently and also offers the flexibility and capacity necessary to respond to BBVA’s exponential growth. Additionally, ADA brings greater security to BBVA’s repository of customer and operational data and provides the different units of the bank with information and knowledge 'on time' about the business and the market, which increases operational efficiency and attracts new clients.
Thanks to the scalability and processing capacity of the cloud, the availability time of the analytical work environments of end users on the platform has been reduced by 94%. Additionally, ADA enables BBVA to dynamically scale resources to adapt to demand at any given time, optimizing costs and performance.
ADA also enables a more global and homogeneous service, with a greater capacity to adapt to the needs of customers in real time, which allows for a faster deployment of new products and hyper-personalization in customer service.
“With the migration already consolidated, we are ready to progressively incorporate technological innovations from a leading cloud service provider such as AWS into ADA, such as real-time data processing or unstructured data management. These capabilities will allow us to maximize the full potential of artificial intelligence in our solutions,” said Marta Sanz, global manager of Data Engineering at BBVA.
The implementation of ADA involved the complex task of migrating tens of thousands of processes and thousands of users without interruptions in service. This challenge was overcome thanks to a meticulous approach in key areas such as security, regulation, data migration and change management.
Carlos Casas, Global Director of Engineering at BBVA, said: “This milestone underlines BBVA’s commitment to technological innovation and its future vision as a leader in the democratization of the use of data at a global level, positioning BBVA at the forefront of digital transformation in global banking.”
“BBVA’s ADA is a pioneering project in the adoption of cloud technology within the banking sector, demonstrating BBVA’s ability to adapt and evolve in a dynamic environment. ADA is a platform designed for the future, and its innovative approach is transforming internal processes, increasing operational efficiency, , and also strengthens BBVA’s ability to attract technological talent and lead in advanced technology,” said Scott Mullins, Managing Director of Financial Services at AWS.
The development of ADA has been a cross-organization effort that has involved multiple areas within BBVA, from the Architecture and Data Engineering areas to the CIB, Holding, Spain and Uruguay business areas. This has been supported by strategic partners such as AWS and Accenture, whose commitment and support has been key to overcoming technical challenges and ensuring a successful migration.
About BBVA
BBVA is a global financial services group founded in 1857. The bank is present in more than 25 countries, has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America and Turkey.
BBVA contributes with its activity to the progress and welfare of all its stakeholders: shareholders, clients, employees, providers and society in general. In this regard, BBVA supports families, entrepreneurs and companies in their plans, and helps them to take advantage of the opportunities provided by innovation and technology. Likewise, BBVA offers its customers a unique value proposition, leveraged on technology and data, helping them improve their financial health with personalized information on financial decision-making.
About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.