BBVA achieves standardization and accountability with improved collaborative working through Ideagen

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Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a multinational Spanish banking group, providing financial services in over 30 countries and to 50 million customers throughout the world


In addition to being the second largest bank in Spain, the company also has a strong international presence in Mexico, South America, United States, Asia and Turkey.

BBVA, a multinational Spanish banking group, needed to standardize its audit processes and improve accountability across its global operations.

With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users. 

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Introduction

BBVA aimed to standardize its audit processes and improve accountability across its extensive global operations.

Their successful transition to a standardized audit process with Ideagen demonstrates the impact of a unified solution on global operations. 

Introduction

BBVA aimed to standardize its audit processes and improve accountability across its extensive global operations.

Their successful transition to a standardized audit process with Ideagen demonstrates the impact of a unified solution on global operations. 

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Ideagen was selected as the chosen provider due to versatility, functionality and also because it was a strategic fit with the manner in which we conducted our audits.

Cristina Gonzalez Barreda, Quality Assurance and Audit Tools Director for Internal Audit, BBVA

The challenge  

  • Inconsistent audit processes across different units 
  • Need for improved communication and knowledge exchange 
  • Ensuring compliance with international risk and auditing standards 

Finding the right solution  

BBVA selected Ideagen for its: 

  • Versatility and functionality 
  • Strategic alignment with BBVA's audit methodology 
  • Comprehensive and customizable reporting capabilities 
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Implementation and impact

With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users.

The ability to generate and share custom reports has streamlined their workflow, fostering consistency and accountability.

This approach aligned with international standards and improved the quality of audits and risk assessments.

  • Standardized their audit methodology in line with international standards 
  • Simplified global deployment with easy installation and automatic updates 
  • Optimized performance for various network speeds and offline use 
  • Enabled 650 users to benefit from improved communication and risk management 

Implementation and impact

With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users.

The ability to generate and share custom reports has streamlined their workflow, fostering consistency and accountability.

This approach aligned with international standards and improved the quality of audits and risk assessments.

  • Standardized their audit methodology in line with international standards 
  • Simplified global deployment with easy installation and automatic updates 
  • Optimized performance for various network speeds and offline use 
  • Enabled 650 users to benefit from improved communication and risk management 

Real results

Improved audit readiness

Centralized document management

Enhanced compliance tracking

Achieved 21 CFR Part 11 compliance

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Intuitive internal audit software that connects everything and everyone in your audit universe.

Ideagen Internal Audit can help your business achieve operational excellence, resilience, reputational strength and efficient compliance.

Tags:

  • Audit and risk
  • Financial services
  • Ideagen Internal Audit