Accenture Expands its Relationship with BBVA Chile Through Four-Year Core Banking Application Maintenance Agreement

  Accenture Expands its Relationship with BBVA Chile Through Four-Year Core
  Banking Application Maintenance Agreement

Business Wire

SANTIAGO, Chile -- October 08, 2012

Accenture (NYSE: ACN) has signed a four-year agreement to maintain and enhance
core banking applications for the Chile division of Banco Bilbao Vizcaya
Argentaria S.A. (NYSE: BBVA Madrid: BBVA).

Accenture will maintain all of the technology applications that power the
bank’s core operations, from deposits and checking to a full range of customer
contact channels. BBVA Chile’s core banking platform is based upon Accenture’s
Alnova Financial Solutions.

“This agreement reflects our successful relationship with BBVA around the
globe,” said Juan Pedro Moreno, global managing director of Accenture’s
banking industry practice. “BBVA’s strong position in Chile, across Latin
America and around the world is a result of its clear vision for how
operations and technology should center on its customers. We are proud of our
decades of work helping the bank achieve that vision and look forward to our
new role in helping evolve and improve its core system in Chile through our
application outsourcing services.”

Core banking systems are sophisticated technology applications that support
banks’ primary services – from deposit gathering, lending and mortgages to
checking, savings, ATM and credit card services, and online and mobile
banking. They can also support a wide range of regulatory reporting and
compliance functions for banks. BBVA Chile will be supported by Accenture Core
Banking Services, which has helped design and implement core banking systems
for more than 200 institutions globally. The Alnova software platform is an
award winning core banking solution with more than 100 clients in more than 20

About Accenture

Accenture is a global management consulting, technology services and
outsourcing company, with 257,000 people serving clients in more than 120
countries. Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The company generated
net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its
home page is

Accenture Softwarecombines deep technology acumen with industry knowledge to
develop differentiated software products. It offers innovative software-based
solutions to enable organizations to meet their business goals and achieve
high performance. Its home page For Banking
software, its home page is

About BBVA

BBVA is a customer-centric global financial services group founded in 1857.
The Group has a solid position in Spain, it is the largest financial
institution in Mexico and it has leading franchises in South America and the
Sunbelt Region of the United States. Its diversified business is biased to
high-growth markets and it relies on technology as a key sustainable
competitive advantage. BBVA ranks among the leading Euro zone banks in terms
of ROE and efficiency. Corporate responsibility is at the core of its business
model. BBVA fosters financial education and inclusion, and supports scientific
research and culture. It operates with the highest integrity, a long-term
vision and applies the best practices. The Group is present in the main
sustainability indexes.


Sean Conway, +917-592-5744
Francois Luu, +33-1-53236855
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