Arquia Banca Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Arquia Banca and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 170 Arquia Banca employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Arquia Banca has purchased the following applications: SAP Core Banking for Core Banking in 2016 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Arquia Banca is running and its propensity to invest more and deepen its relationship with SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing Arquia Banca revenues, which have grown to $20.0 millions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Arquia Banca intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

About the Customer

 Arquia Banca is a financial institution that offers savings and credit services for member cooperatives and partners. The company was founded in 1983 and is headquartered in Barcelona, Spain.

Scope and Challenges

ArquiaBanca specializes in banking services tailored to the needs of architects and other professionals. Arquia wanted to grow its assets by €1 million and increase its profits by 50%. In order to achieve that,  ArquiaBanca needed a real-time platform to accelerate the time to market of innovative banking products –helping the bank extend its market reach, win new customers, and generate lucrative new revenue streams. 

Outcome and Implications

ArquiaBanca partnered with Stratesys, which created an end-to-end banking solution that uses the speed of the SAP HANA platform to sharpen its competitive edge. All of the bank’s processes have been or are being migrated to this digital platform for business in real time, completely eliminating slow and cumbersome paper-based procedures. Their partnership resulted with two SAP Excellence Awards in EMEA for having achieved the first project in Spain of the complete SAP Core Banking solution. 

Quotes

“ArquiaBank has integrated all business processes on SAP HANA. Today, we provide a complete portfolio of end-to-end banking services in real time. These services delight our customers and are open to the world.”Markus Mannl, COO, ArquiaBanca