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Technology news

Santander signs up to MYRIAD network management platform


11 January 2013 London
Reporter: Mark Dugdale

Generic business image for news article
Image: Shutterstock
Santander will begin using MYRIAD—the network management platform from MYRIAD Group Technologies—after signing an agreement to do so at the beginning of the year.

The project is already underway and is expected to be implemented in Q2 2013.

In a statement, Simon Shepherd, CEO of MYRIAD Group Technologies, said that signing Santander up to the company’s network management platform is particularly pleasing because discussions with the bank have been ongoing for some time.

“They join a growing list of large banks using the platform; indeed, we now have more clients outside London than we do in the UK. This in part reflects the maturity of the platform as well as the external pressures many international banks are now having to withstand.”

“MYRIAD’s flexibility and depth of functionality mean that we address many issues beyond the standard remit of network managers, including governance, risk and compliance. We have shown strong growth in the last three years and this will continue for the foreseeable future. Our operational gearing has gone up as a consequence, as we have got bigger, and we are looking forward to working with more new clients in the near future.”
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