BBVA selects Accenture's Alnova banking solution to support aggressive U.S. technology transformation
Clients Banco Bilbao Vizcaya Argentaria, S.A.
Jones Day represented BBVA Compass Bank in a software development transaction with Accenture for a new core banking software platform to run all BBVA Compass banking matters, and all of BBVA's affiliate banks, in North America. The transaction involved a related outsourcing transaction with BBVA's shared services organization and data centers in Mexico where the core banking software platform will reside and operate for all of BBVA's North American accounts.
In connection with this transaction, Jones Day also provided regulatory advice.