October 17, 2014
Accenture Positioned as a Leader in Gartner’s New Magic Quadrant for Global Risk Management Consulting Services
NEW YORK; Oct. 17, 2014 – Accenture (NYSE: ACN) has been positioned in the “Leaders” quadrant in Gartner’s new, recently published “Magic Quadrant for Global Risk Management Consulting Services.1”
The Gartner Magic Quadrant evaluated seven providers of risk management consulting services on two primary criteria – “completeness of vision” and “ability to execute.” “Completeness of vision” evaluates providers on their understanding of how market forces can be exploited to create opportunity. “Ability to execute” assesses providers on their ability and success in capitalizing on their vision.
“Leaders demonstrate strong performance, gaining traction and mind share in the market with a clear vision and direction of market-building competencies to sustain their leadership position in this space,” said Jacqueline Heng and John A. Wheeler, Gartner analysts and co-authors of the report. “The consultants in this quadrant generally have global accounts and are globally interlinked, and they share superior market understanding, vision, holistic approaches and comprehensive and consistent methodologies and road maps. They have extensive geographic reach to support their on-site clients and have globally well-communicated, coherent and well-marketed sales offerings. They are also in the position to advise risk regulators. Furthermore, they are well-supported by tools and methodologies.”
Steve Culp, senior global managing director, Accenture Finance and Risk Services, said: “We believe that Accenture’s positioning as a Leader in this report demonstrates our ability to apply significant market understanding to the challenges facing our clients and to deliver new, integrated solutions through our Global Delivery Network. Our risk management solutions help clients restore profitability, while helping improve their near- and long-term competitive position.”
Accenture Finance and Risk Services, a business service within Accenture’s Financial Services operating group, brings together Accenture’s consulting, technology and outsourcing capabilities and assets – along with deep banking, capital markets and insurance industry knowledge – to help clients address the inter-related challenges of external market volatility, rapidly evolving regulatory demands and significant internal complexity.
1 Gartner, Inc. “Magic Quadrant for Global Risk Management Consulting Services,” by Jacqueline Heng and John A. Wheeler, 7 October 2014.
Accenture is a global management consulting, technology services and outsourcing company, with more than 305,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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