Less than One-Third of Wealth Managers in North America are Scaling AI Across Their Businesses, Accenture Report Finds

NEW YORK; Dec. 2, 2020 – While six in seven North American wealth managers (84%) believe that artificial intelligence (AI) will transform their industry in the next five years, less than one-third (28%) are already scaling it today across their businesses, according to a new report from Accenture (NYSE: ACN).
December 02, 2020

Despite External Industry Threats, Few Wealth Managers Plan to Change Their Business Models, Accenture-Orbium Report Finds

LONDON; June 18, 2020 – Despite growing external threats to wealth managers’ businesses, including losses from intergenerational wealth transfers, nearly four in five wealth managers (78%) in Europe and Asia don’t plan significant changes to their traditional business models, according to a new report from Accenture (NYSE: ACN) and Orbium, part of Accenture Wealth Management.
June 18, 2020

Accenture Acquires NIKE Group to Enhance its Regtech and Compliance Capabilities for Financial Services Firms

MILAN; April 30, 2020 – Accenture (NYSE: ACN) has acquired NIKE Group, an Italian consulting firm that provides regulatory technology (RegTech) services and solutions to financial services firms. Accenture announced its intent to acquire the business on April 14, 2020. Financial terms of the transaction were not disclosed.
April 30, 2020

U.K. Neobanks Near 20 Million Customers in 2019, but Customer and Deposit Growth Rates Slow, According to Research from Accenture

LONDON; Feb. 24, 2020 – Neobanks operating in the U.K. added more than 6 million new customers in the second half of 2019, ending the year with 19.6 million customers globally, according to Accenture’s Digital Banking Tracker (NYSE: ACN).
February 24, 2020

Financial Services Companies Could Generate $140 Billion in Productivity Gains and Savings by Modernizing Workforce Technologies, Accenture Study Finds

NEW YORK; Dec. 12, 2019 – Financial services companies in North America could unlock up to US$140 billion in productivity gains and cost savings by 2025 if they employ new technologies that help improve the efficiency and effectiveness of their workforces, according to a recent study by Accenture (NYSE: ACN).
December 12, 2019

Accenture Launches Cloud Native Solution to Help Clients Innovate New Products and Services Using the Public Cloud

TOKYO; Dec. 11, 2019 – Accenture (NYSE: ACN) has launched the Accenture Cloud Native Core Solution to help enterprises leverage the public cloud for maximum business agility and results.
December 11, 2019

Financial Firms Struggling to Assess Risks of Disruptive Technologies, Accenture Report Finds

NEW YORK; Dec. 3, 2019 – An overwhelming majority of financial firms’ risk managers don’t believe they can adequately assess the risks of disruptive technologies but are open to new strategies and tools to better manage emerging threats, according to a new report by Accenture (NYSE: ACN).
December 03, 2019

Accenture Introduces Offering to Help Financial Institutions Combat Financial Crime and Comply with Regulations

NEW YORK; Nov. 21, 2019 – Accenture (NYSE: ACN) has introduced a compliance-as-a-service offering to help financial institutions, fintech and technology companies cost-effectively combat financial crime and comply with related regulations.
November 21, 2019

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