The global financial services group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) signs a Strategic Whole Portfolio Agreement with Cisco.More RSS Feeds: https:\/\/newsroom.cisco.com\/c\/r\/newsroom\/en\/us\/rss-feeds.html<\/p>\n

\u200bCisco Newsroom: Security\u00a0\u00a0The global financial services group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) signs a Strategic Whole Portfolio Agreement with Cisco.More RSS Feeds: https:\/\/newsroom.cisco.com\/c\/r\/newsroom\/en\/us\/rss-feeds.html\u00a0Read More<\/a>\u00a0[[{“value”:”<\/p>\n

News Summary<\/strong>:<\/p>\n

The global financial services group\u00a0Banco Bilbao Vizcaya Argentaria,\u00a0S.A. (BBVA) signs a Strategic Whole Portfolio Agreement with Cisco.
\n\tThe agreement gives BBVA access\u00a0to Cisco\u2019s full software portfolio, world-class technology and Customer Experience (CX) services, supporting the bank\u2019s digitization journey.\u00a0
\n\tFive-year agreement enables BBVA to integrate continuous innovation into daily operations, enhancing speed, agility, and offering the latest in digital financial services.<\/p>\n

San Jose (California, USA), and Madrid (Spain),\u00a0March 7, 2024<\/strong>\u2014Cisco (NASDAQ: CSCO) and BBVA today announced the companies have deepened their strategic alliance and signed a Strategic Whole Portfolio Agreement (WPA), providing BBVA faster access to Cisco\u2019s comprehensive software and Customer Experience (CX) portfolio. BBVA is the first EMEA-based financial services institution to sign a WPA with Cisco in Europe and Latin America.<\/p>\n

The five-year agreement includes solutions in cybersecurity, collaboration, data center, networking and services. The agreement with BBVA spans operations across multiple countries. It includes proactive services provided by a specialized Cisco team and promotes collaborative innovation. Additionally, the deal simplifies management by consolidating 3,000 individual contracts into a single unified agreement. This streamlines BBVA\u2019s global IT operations, significantly improving efficiency.<\/p>\n

\u201cBBVA\u2019s 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,\u201d says Jos\u00e9 Luis Elechiguerra,\u00a0Global Head of Engineering at BBVA.\u00a0\u201cAdditionally, the agreement allows BBVA to achieve significant efficiency and productivity gains,\u201d adds Jordi Garc\u00eda, Global Head of Strategy & Performance of Engineering at BBVA.<\/p>\n

According to Oliver Tuszik,\u00a0President of Cisco\u2019s Europe, Middle East and Africa region (EMEA), \u201cWe 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\u2019s whole portfolio, including the latest AI-driven innovations, to accelerate their transformation.\u201d\u00a0\u00a0<\/p>\n

BBVA is a customer-centric, global financial services group founded in 1857. Winner of Global Finance\u2019s 2023 Best Digital Bank Awards for Spanish businesses, its services include retail banking, private banking, asset management, wholesale banking and other related financial solutions.<\/p>\n

Strategic Digital Partnership<\/strong>
\nSince 2016, BBVA and Cisco\u2019s dedicated team have collaborated to create the bank of the future, leveraging technologies like collaboration, networking, data center and security. This strategic digital partnership, along with alliances with other leading tech companies, has accelerated BBVA’s transformation. As an early adopter of digitalization, BBVA is now at the forefront of financial services innovation.<\/p>\n

Additional Resources<\/strong><\/p>\n

Find more information on Cisco\u2019s software portfolio here<\/a>.<\/p>\n

About BBVA<\/strong><\/p>\n

BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America. It is also the leading shareholder in Turkey\u2019s Garanti BBVA and has an important investment, transactional and capital markets banking business in the U.S. Its purpose is to bring the age of opportunities to everyone, based on our customers\u2019 real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests on solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.<\/p>\n

About Cisco\u00a0\u00a0\u00a0<\/strong><\/p>\n

Cisco (NASDAQ:\u00a0CSCO<\/a>) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on\u00a0The Newsroom<\/a>\u00a0and follow us on X at\u00a0@Cisco<\/a>.\u00a0<\/p>\n

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and\/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at\u00a0www.cisco.com\/go\/trademarks<\/a>. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.\u00a0\u00a0\u00a0<\/p>\n

Contacts<\/strong>
\nBBVA Public Relations<\/p>\n

Maribel Mu\u00f1oz Carvajal
\nmaribel.munoz.carvajal@bbvacreative.com<\/p>\n

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