Disruptive Technologies Are the Key to Securing New Revenue Streams in Asset Management, According to Accenture

NEW YORK; Sept. 18, 2019 – Asset managers must readily embrace disruptive technologies to transform their operating models if they want to execute front-office strategies to pursue new revenue streams and meet evolving client expectations, according to a new report from Accenture (NYSE: ACN) based on a study performed jointly with the Investment Company Institute (ICI).
September 18, 2019

Less than Half of Financial Services Firms Confident in Their Ability to Meet LIBOR Transition Deadline, Accenture Report Finds

NEW YORK; Sept. 16, 2019 – While most banks, insurers and capital markets firms have plans to transition away from the London Interbank Offered Rate (LIBOR) — which regulators are set to phase out at the end of 2021 — less than half (47%) are confident they have the necessary talent and capabilities to complete the transition by then, according to a new report from Accenture (NYSE: ACN).
September 16, 2019

DTCC and Accenture Unveil Governance Operating Model to Manage Risks and Promote Safety Across Distributed Ledger Technology Landscape

New York; London; Hong Kong; Singapore; Sydney; Sept. 4, 2019 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, and Accenture (NYSE: ACN), a leading global professional services company, today published a white paper, Governing DLT Networks, introducing a DLT governance operating model to manage risks and consequences of an evolving DLT landscape, to ensure the safety and soundness of the network for the benefit of all participants and to better enable DLT to reach its full potential.
September 04, 2019

Accenture Acquires Parker Fitzgerald, Enhancing Its Risk Advisory and Assurance Capabilities for the Financial Services Industry

LONDON; Aug. 19, 2019 – Accenture (NYSE: ACN) has acquired Parker Fitzgerald, a strategic advisor and consulting partner to leading global financial institutions, further enhancing the business and technology capabilities within its Finance and Risk practice. Terms of the transaction were not disclosed.
August 19, 2019

Global Fintech Fundraising Fell in First Half of 2019, with Decline in China Offsetting Gains in the US and Europe, Accenture Analysis Finds

HONG KONG, NEW YORK and LONDON; Aug. 14, 2019 – Global investment in financial technology (fintech) ventures fell sharply in the first half of 2019, as fundraising and deal activity in China that had soared a year earlier ground to a halt, partially offsetting strong gains in the U.S., U.K. and several other European countries, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.
August 14, 2019

Accenture Named a Leader in Enterprise Platform IT Services for Banking and Financial Services Sectors by Everest Group

NEW YORK; Aug. 5, 2019 – Accenture (NYSE: ACN) has been named a Leader in enterprise platform IT services for banking and financial services, including capital markets, in a report by industry analyst firm Everest Group.
August 05, 2019

Accenture Named a Leader in Next-Generation IT Infrastructure Services for Banking, Financial Services and Insurance by Everest Group

NEW YORK; Aug. 5, 2019 – Accenture (NYSE: ACN) has been named a Leader in next-generation IT infrastructure services for banking and financial services (BFS), including capital markets, and insurance in two reports from industry analyst firm Everest Group.
August 05, 2019

Pressure to Reduce Costs Forcing Compliance Departments to Accelerate Technology Transformation, Accenture Report Finds

NEW YORK; April 1, 2019 – With most financial institutions’ compliance departments facing budget cuts, compliance professionals should accelerate their use of new technologies, including artificial intelligence (AI) and RegTech, to empower the next generation of compliance officers and reconfigure their operating models to keep pace with evolving business growth needs, according to a new report from Accenture (NYSE: ACN).
April 01, 2019

Changing Investor Demographics, New Industry Players and Rise of Digital Tools Causing Fundamental Shift in Wealth Management, According to Report from IIROC and Accenture

TORONTO; March 20, 2019 – Powerful investor segments, including women and millennials; newer industry players; and new digital tools and financial technologies are changing how Canadian investors consume advice and services and how they prefer to interact with wealth management services providers, according to a new report published by the Investment Industry Regulatory Organization of Canada (IIROC) in collaboration with Accenture (NYSE: ACN).
March 20, 2019

Global Fintech Investments Surged in 2018 with Investments in China Taking the Lead, Accenture Analysis Finds; UK Gains Sharply Despite Brexit Doubts

HONG KONG, NEW YORK and LONDON; Feb. 25, 2019 – Global investment in financial technology (fintech) ventures more than doubled in 2018, to US$55.3 billion, led by a surge in funding in China and strong gains in several other markets as investors placed larger bets in more mature startups, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. 
February 25, 2019