Banco Sabadell Selects DXC to Advance Financial Inclusion through AI-Powered Accessibility Testing
Rhea-AI Summary
DXC Technology (NYSE: DXC) has been selected by Banco Sabadell to enhance the accessibility of its digital banking services. The partnership involves implementing a comprehensive testing framework combining manual testing, automation, and AI-driven analysis to identify and resolve accessibility issues across the bank's digital platforms.
DXC will provide 350,000 hours of advanced testing annually to support Banco Sabadell's initiative to improve digital accessibility for its 12 million customers across Spain. The project, led by Banco Sabadell's Technology Competence Center in Alicante, aims to ensure compliance with Spanish and EU accessibility regulations while promoting financial inclusion.
Positive
- Partnership with major Spanish bank Banco Sabadell expands DXC's presence in European banking sector
- Significant service contract providing 350,000 hours of annual testing services
- Strengthens DXC's position in Spanish banking market where it supports all major banks
Negative
- None.
News Market Reaction
On the day this news was published, DXC declined 5.51%, reflecting a notable negative market reaction. Argus tracked a peak move of +9.8% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $136M from the company's valuation, bringing the market cap to $2.34B at that time. Trading volume was elevated at 2.6x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
The initiative is part of Banco Sabadell's broader effort to create a more inclusive experience for its 12 million customers across
"At Banco Sabadell, we are committed to creating a digital environment that is accessible to everyone," said Elena Carrera, General Director of Operations and Technology at Banco Sabadell. "Our collaboration with DXC enables us to ensure our digital services are inclusive and usable by all groups, including people with disabilities."
Together, DXC and Banco Sabadell have developed an innovative methodology that integrates accessibility testing throughout the entire product development lifecycle. This includes a real-time monitoring system that evaluates issues based on business impact and provides actionable recommendations for resolution. The approach is designed to ensure compliance with the accessibility standards outlined by Spanish and EU regulations, helping the bank meet both its regulatory obligations and its broader inclusion goals. In addition to improving digital accessibility, the initiative will help streamline software development and maintenance processes.
"With our deep expertise in banking technology and digital transformation, we are proud to collaborate with Banco Sabadell on this initiative that enhances service accessibility and promotes financial inclusion," said Juan Parra, President, DXC Technology Europe. "It's a significant step toward a more equitable digital future for all citizens."
DXC helps customers around the world modernize and run their mission-critical systems. With more than 45 years of experience in banking and capital markets, DXC provides the technology and expertise financial institutions need to stay competitive in a rapidly evolving industry. In
About DXC Technology
DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We're a trusted operating partner to many of the world's most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.
About Banco Sabadell
For more information about Banco Sabadell, please visit: grupbancsabadell.com
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SOURCE DXC Technology Services, LLC
FAQ
What is the new partnership between DXC Technology and Banco Sabadell?
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