Since it was launched in 2016, the FCA’s regulatory sandbox has supported 60 firms to test their innovation with real customers in the live market under controlled conditions. Now, it is assessing different options to scale up the model at global level to solve the challenges of operating internationally in the fintech market.

The global economy has changed significantly over the past few years, impacting decisively on the style and manner in which investors manage their wealth.

Alfonso Gómez joined the BBVA Group in 1994 and was appointed to head the Swiss branch in 2014. Born in Segovia, Spain, he has had an extensive career, holding positions on several continents. Since his arrival at Switzerland, he has been working to develop the best customer experience, based on a high-value offering and next-generation digital tools.

Many people around the world choose to place part of their savings in investments outside their home country, in order to diversify their holdings. That’s why they put part of their capital in international financial centers. Switzerland is one of them.

Since landing in the United States in 2004, BBVA has heralded the impending arrival of banking’s digital revolution, even as it boldly proclaimed that it would lead the industry as it transformed.

Just 14 years later, the proclamations have come true, and recently reported numbers show the bank’s own transformation in countries around the globe is proceeding as planned. The bank’s subsidiary in the U.S. - BBVA Compass - is playing an increasingly outsize role in that transformation, with digital at the forefront of its own strategy for profitable growth.

José Manuel González-Páramo, BBVA’s Executive Director Responsible for Global Economics, Regulation & Public Affairs, will chair the recently created Spain-Peru Council Foundation, a non-profit body set up with the aim of fostering relations between the two countries.