Banco Santander hires Accenture for IT integration

Banco Santander has signed a contract with Accenture to enable it to integrate IT systems from the various banks it has acquired, including Royal Bank of Scotland`s European consumer finance unit and Alliance & Leicester.

Download this free guide

2018 UK IT Priorities survey results

IT organisations in the UK and across Europe are starting to accelerate the move to the cloud. Read more about the key areas in which senior IT managers are planning to invest in over the next 12 months.

Start Download

• Corporate E-mail Address:

  You forgot to provide an Email Address.

  This email address doesn’t appear to be valid.

  This email address is already registered. Please login.

  You have exceeded the maximum character limit.

  Please provide a Corporate E-mail Address.

• • I agree to TechTarget’s Terms of Use, Privacy Policy, and the transfer of my information to the United States for processing to provide me with relevant information as described in our Privacy Policy.

  Please check the box if you want to proceed.

• • I agree to my information being processed by TechTarget and its Partners to contact me via phone, email, or other means regarding information relevant to my professional interests. I may unsubscribe at any time.

  Please check the box if you want to proceed.

By submitting my Email address I confirm that I have read and accepted the Terms of Use and Declaration of Consent.

The two-year, €100m agreement will see Accenture support the bank`s global operations by providing systems integration, consulting, business process management, information technology outsourcing and business process outsourcing.

Accenture will also develop and implement strategic initiatives relating to Santander`s operations in Spain, Portugal, the United Kingdom, Germany, Mexico, Brazil, Argentina and Chile.

Banco Santander's core banking platform called Partenon, has played a key role in helping the Spanish bank's acquisition strategy.

Speaking to Computer Weekly, Ralph Silva, an analyst at Towergroup, said Partenon puts Santander in a strong position, "It is likely it will continue on this acquisition spree. Partenon could be a differentiator because it gives Santander the ability to more easily and more quickly integrate acquisitions," he said.