Santander Plans Data 'Service Center'

According to Eduardo Fernández, head of the bank's reference and market data global program within its corporate architecture unit, the proposed service center will help the group-which has grown recently through the acquisition of UK-based Abbey and a stake in ABN Amro-to achieve synergies across different business areas and save costs.

"We are creating an... IT architecture based on market leaders, and are trying to understand how vendors organize their feeds," Fernández says. "The aim is to

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