Santander, Spanish multinational financial services company has opened new tech hubs in Warsaw, Poland and in Malaga, Spain as a way to boost technological transformation. As Santander states: “Malaga and Warsaw have both become vibrant hubs for technology and innovation, attracting world-class talent and offering an outstanding quality of life”.
Santander has already started hiring the best Polish IT experts in the fields of cloud computing, big data, development, security, and operations, artificial intelligence, software development, enterprise architecture, cybersecurity, and APIs.
The main goal of newly opened hubs is to technologically support the business functions of Santander Corporate & Investment Banking (SCIB). Santander’s CT&O Dirk Marzluf also highlights the importance of digital growth for the company: “Technology is a strategic business driver, especially in banking, where digitalized products and services are a major part of our regular business — and this trend is growing. We understand the opportunity that the changing role of technology means for business growth”.
In 2019 the Group announced it will invest €20 billion in digital and technology over the next four years. The bank has already migrated 90% of its infrastructure to the cloud. Recently, Santander announced it would be launching Gravity, its own customizable software, which has digitalized its core banking business. For the first time, more than 50% of Santander’s customers use its digital channels, and 56% of total sales are made on its website or mobile app.
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