Unicaja Partners with DXC to Drive AI-Powered Transformation of Banking Operations

Rhea-AI Summary

DXC Technology (NYSE: DXC) has secured a significant 10-year partnership agreement with Unicaja, a leading Spanish bank, to transform its banking operations through AI-powered solutions. The collaboration, supporting Unicaja's 2025-2027 strategic plan, focuses on enhancing customer service, product personalization, and operational agility.

As part of the agreement, DXC will acquire FK2, a Unicaja Group company, pending regulatory approval. The partnership leverages DXC's expertise in advanced technologies, particularly artificial intelligence, to drive efficiency and modernize banking operations while ensuring compliance with European regulations.

Positive

• Secured major 10-year transformation agreement with leading Spanish bank
• Strategic acquisition of FK2 (Unicaja Group company) to enhance banking expertise
• Expansion of DXC's presence in European banking sector
• Alignment with Unicaja's 2025-2027 strategic growth initiatives

Negative

• Deal subject to regulatory approval
• Financial terms not disclosed

News Market Reaction

-2.22%

1 alert

-2.22% News Effect

On the day this news was published, DXC declined 2.22%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ASHBURN, Va., July 15, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider today announced a 10-year agreement with Unicaja, one of Spain's leading banks, to transform and modernize its banking operations.

Central to this initiative is DXC's expertise in advanced technologies such as Artificial Intelligence, enabling automation, greater agility, and seamless, personalized customer interactions. By combining intelligent banking solutions with deep industry expertise, DXC will help Unicaja drive efficiency, boost productivity and enhance customer experience, positioning the bank at the forefront of digital banking innovation. 

"This marks a milestone in our evolution toward a more agile and intelligent operating model, ready to face the challenges of the financial sector," said Estrella Botas, Head of Technology and Operations at Unicaja. "It's not just about incorporating technology but about transforming the way we operate to deliver better service to our customers."

The agreement supports Unicaja's 2025–2027 strategic plan to accelerate innovation through solutions that enhance customer service, product personalization, and operational agility. DXC will also help Unicaja to prioritize secure banking systems aligned with evolving European regulations.

"This partnership further strengthens our global leadership in the banking sector, where the world's leading financial institutions rely on our decades of experience and deep industry expertise," said Alfonso Garcia, Managing Director of DXC Technology, Spain & Portugal. "In Spain, we support all major banks in driving competitive advantage and navigating complex challenges. Our commitment is to deliver operational excellence and position Unicaja as a global benchmark for AI-driven business transformation."

Subject to regulatory approval, DXC will acquire FK2, a Unicaja Group company, and assume leadership of a specialized team with deep banking and technology expertise.

"This partnership allows us to accelerate our transformation thanks to DXC's expertise in industrialized processes, technological capabilities, and proven success in similar agreements," said Juan Medina, Head of People, Organization, and Legal at Unicaja. "It equips the bank with new tools and capabilities to support and optimize the work of our current teams, who will remain a vital part of this new model."

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. To learn more, visit dxc.com

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/unicaja-partners-with-dxc-to-drive-ai-powered-transformation-of-banking-operations-302504437.html

SOURCE DXC Technology Company

FAQ

What is the duration and scope of DXC Technology's partnership with Unicaja?

DXC Technology has entered a 10-year agreement with Unicaja to transform and modernize its banking operations through AI-powered solutions, focusing on automation, agility, and customer experience enhancement.

What company will DXC Technology acquire as part of the Unicaja deal?

DXC will acquire FK2, a Unicaja Group company, subject to regulatory approval, gaining a specialized team with banking and technology expertise.

How does this partnership align with Unicaja's strategic plans?

The partnership supports Unicaja's 2025-2027 strategic plan to accelerate innovation through solutions that enhance customer service, product personalization, and operational agility.

What technologies will DXC implement in Unicaja's transformation?

DXC will implement advanced technologies including Artificial Intelligence to enable automation, greater agility, and seamless, personalized customer interactions.

What is DXC's experience in the banking sector?

DXC has over 45 years of experience in banking and capital markets, providing technology and expertise to help financial institutions stay competitive.