BBVA Teams Up Strategically with SAP to Enhance Business and Corporate Banking Offerings

BBVA, a global bank with a strong international presence, has announced the integration of SAP Multibank Connectivity solution in its BBVA Pivot ecosystem. This integration, planned across multiple states including Belgium and Barbados, involves BBVA Banco Continental and BBVA Bancomer.

The integration aims to streamline and secure the exchange of financial information between companies and the bank, improving operational efficiency. It will also enable centralized management of financial transactions, providing businesses with greater real-time visibility over the status of payments and treasury positions.

BBVA's Managing Director, Jose Vallés, stated that the integration will allow users to combine SAP innovations with BBVA's banking capabilities, resulting in greater visibility and more efficient processes. The alliance between BBVA and SAP also opens up new business opportunities for BBVA by allowing it to broaden its range of products and services.

The BBVA Pivot ecosystem optimizes and streamlines treasury management for companies, while the integration with SAP Multibank Connectivity provides connectivity with international standards such as EBICS and SWIFT, enhancing global interoperability and securing banking communications.

Thousands of organizations around the globe run SAP's enterprise management solutions, with 87 percent of global trade passing through its systems. BBVA's integration of the SAP Multibank Connectivity solution will automate key banking processes, reducing errors and fraud associated with manual handling of payments and bank reconciliation.

Moreover, bringing all transactions together within a centralized system strengthens compliance with international banking regulations in global processes. The alliance between BBVA and SAP Spain is part of BBVA's strategic focus on its Businesses segment, which is one of the six main priorities and a key lever for creating value under the bank's new 2025-2029 strategic cycle.

The integration will connect BBVA's services with SAP's enterprise resource planning (ERP) systems, simplifying and securing the exchange of financial information between companies and the bank. This integration will enable businesses to access BBVA's services and solutions more easily, in line with the bank's commitment to supporting its business clients at every stage of their growth, offering them accessible solutions adapted to their reality and needs.

In conclusion, the integration of SAP Multibank Connectivity solution in the BBVA Pivot ecosystem marks a significant step forward in BBVA's corporate banking service offering, enhancing operational efficiency, global interoperability, and real-time visibility for businesses.