Business Chief USA October 2020

AFORE XXI-BANORTE
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In line with this thinking, Mizuno has
refocused XXI-Banorte’s IT department
from its previously “reactive” state to a
far more strategic and ROI (return on
investment) focused entity. This, in turn,
has made the entire company much
more agile, which became invaluable
when the COVID-19 pandemic reached
Mexico and introduced the now all-toofamiliar
operational challenges of social
distancing. “We were able to digitalise
and enable practically everybody to
work from home in less than 48 hours,”
states Mizuno.
In addition to XXI-Banorte’s cultural
agility, the core tech enabler for this
swift transition was incontestably
the cloud. It is this aspect, Mizuno
argues, that is and will continue to
change the shape of finance to come.
“Cloud is transforming XXI-Banorte; it
is the cornerstone of what allows our
information to be stored, processed
and delivered, while also allowing new
applications to flourish. In terms of
cost efficiency, it was not practically
viable to do the things we can do now
with the cloud, because before that
OCTOBER 2020