'The Bank of Spain will pay more than 50 million euros to hire an external ...

rojoniwazifa53

Public entities need to take advantage of technology to keep the data and information they have safe, especially after the cyber attacks that the INE and several ministries pages suffered this year , with downtime for hours. According to the Annual Barometer of ICT Investment in Public Administrations in Spain, published by AdjudicacionesTIC , the administration invested 766.29 million euros in new technologies during the first quarter of 2021, that is, 47.68% more than in the period of 2020. Thus, the investment is divided between hardware, with 171 million euros, software, with 79.5 million euros, and information technology services, with 416.4 million euros.

With this significant increase, the Bank of Spain has announced that it intends to outsource most of its computer systems, since the department in charge does not have sufficient means to manage the information. The Bank of Spain prepares a deep AT&T Email List  cut in its economic forecasts for this year and 2022 According to Vozpópuli after consulting the tender, as of August 2022, the management of the Bank of Spain's computer system will be carried out by an external agent who will pay 42.2 million euros, if the contract is extended for as long as possible. How much is it going to cost the Bank of Spain to outsource the management of computer systems? The start date is estimated to be the first day of August and the contract has an initial period of 3 years, extendable annually up to a maximum of 5 years. If this lasts 3 years, the Bank of Spain will have to pay 22.6 million euros, not counting VAT.



If this lasts 5 years, the value of the contract with VAT of 21% will be 51.1 million euros. Despite said outsourcing, some services will continue to be part of the Bank of Spain's own management, although not such as the operations derived from membership of the European System of Central Banks (ESCB/ESCB) and the Single Supervisory Mechanism (SSM/ SSM). On the other hand, the presence of this external agent is required to support some services such as the internet, email or remote access to devices, among others. In this sense, the Bank of Spain intends to face the era of technology, in which information technology services are of vital importance, so that what happened with the Ministry of Labor , for example, does not happen. Even so, it will be necessary to see if other entities decide to outsource their support departments or if they can shoulder the arduous task of managing everything. That could only happen with more resources and personnel.