Spanish administration consultancy Bluecap joins Globant

The Spanish management consultancy Bluecap joins Globant

The Spanish financial services management consultancy Bluecap has joined Globant, an Argentina-based digital transformation specialist with more than 14,000 employees worldwide.

Bluecap was founded in 2005 by former Oliver Wyman consultant Maite Barrera and is a specialist management consultancy for the financial services sector. The company has more than 160 consultants based out of offices in Madrid and Barcelona serving clients such as BBVA, Caixabank, Sabadell and Santander.

Bluecap specializes in strategy, management of the trading, finance, risk and capital functions, as well as advanced analysis – a fact-based approach to its work. “At Bluecap we develop new business models and strategies for the banks of tomorrow. We use our advanced analytical skills and help integrate new services from the most innovative fintech companies, ”explained Barrera.

Joining Globant, according to the founder and CEO, will enable the consultancy “to bring even better value to our clients” by combining the “commercial banking and risk management skills of Bluecap with Globant’s expertise in digital transformation and theirs.” global presence “.

For Globant, the move takes place shortly after one of the largest deals in its 17-year history has been closed. In August 2020, the company acquired Grupo Assa, a US-listed company with 1,100 employees for digital consulting and cloud transformation, which is present in the US, Argentina, Brazil, Chile, Colombia, Mexico and Spain.

The expansion of Bluecap adds a number of strategic offerings to Globant’s portfolio and provides the company with a network of C-level executives. As a result, Bluecap will be positioned as Globant’s strategy consulting brand (under its current brand), while founder Barrera will join the group’s global leadership team.

“Bluecap’s consulting and analytics expertise will be key to further transform businesses and leverage our strong focus on digital trends, artificial intelligence and data analytics,” said Martín Migoya, Chief Executive Officer and Co-Founder of Globant. He added that this will also strengthen the company’s presence in Europe, where the company sees “a strong opportunity” for growth.