Manuel Azuaga, chairman of Cecabank
In the last two decades, Spain has lived deep transformations that have redefined its economy and the architecture of its financial system. The banking restructuring, the digitisation and the transition towards more sustainable models have originated a solider sector, efficient and ready to compete in an overall environment complex. All of this has been developed in an international demanding context: the pandemic, the boom of the cyberrisks and the increasing geopolitical instability have raised the lath of the resilience and they have turned the stability in a strategic asset.
In this path, specialised companies as Cecabank carry out a critical role, although quiet. Its contribution is more significant of which often is received from the outside of the banking world, when giving the infrastructure that it allows operating with security and long term stability to commercial banks, managers, insurers, public administrations, fintechs and other actors of the financial system. This value leans on a model B2B differential, bases do in the neutrality, the operational solvency and the technical specialisation, and is materialised in essential services for the citizens.
In postcontracting, protect the saving of nearly ten million shareholders in investment funds and of pensions me before a rigorous and independent administration. To this activity has been come to sum the custody of criptoactivos, a field that demands experience in the traditional world and advanced skills to protect to the investor and guarantee an innovation with full legal certainty and operations.
Additionally are key piece in the payments, an ecosystem that sure services demand and agile. We act as a processor B2B and we are to the avant garde in digital and immediate payments; without forgetting that went technological infrastructure in the creation of Bizum, that celebrates its early decade and has been added to the European alliance Europe.
We face a future in which the technological change and the cybersecurity are going to be still keys in the evolution of the banking sector. From our company are ready to follow driving the confidence and the progress of the financial system, as a member of reference for our companies clients, and contributing to our country's economic and social development.
