Banco Santander’s digital transformation is ahead of plan with more than 60% of its IT infrastructure worldwide already migrated to the cloud. Santander aims to complete its cloud migration by 2023.
Among use cases, cloud supports the development of Santander’s payment services with PagoNxt, a new, autonomous cloud-native company that builds global platforms in a more secure way. Also, the bank was able to migrate seamlessly to home working for more than 100,000 employees in just days. The cloud also helped Santander manage the significant increase in digital activity in 2020 (+60%), an ongoing trend this year.
Dirk Marzluf, chief operating and technology officer at Banco Santander, said in a statement: “Our cloud adoption is one of the fastest in the world by a global company: we have moved 200 servers to the cloud every working day over the last two years. So we are progressing every day to become the best open financial services platform.”
The cloud platform is built both in house and through third-party providers. The program also reduces the bank’s energy consumption for the IT infrastructure by 70%.