Investment banks, broker/dealers, asset managers, depositories, clearing organizations and exchanges…
April 10, 2017

Compliance Costs for Financial Institutions Will Continue to Increase Over the Next Two Years Driven by Regulations and Emerging Risks, According to Global Accenture Survey of Executives

NEW YORK; Apr. 10, 2017 – Nine out of 10 (89 percent) financial services industry executives globally expect continued cost increases in their compliance departments over the next two years, according to a report by Accenture (NYSE: ACN) based on a survey of 150 compliance executives conducted between December 2016 and January 2017. 
March 28, 2017

Accenture Completes Acquisition of First Annapolis, Enhancing its Consulting and Advisory Capabilities in Payments

NEW YORK; Mar. 28, 2017 – Accenture (NYSE: ACN) has completed its acquisition of First Annapolis, a privately held payments consulting and advisory firm that serves a wide range of clients globally, including leading financial institutions, retailers, travel and entertainment companies, communications/technology companies, and private-equity firms.
March 28, 2017

Bankers Believe Artificial Intelligence Is Key to Creating a More-Human Customer Experience, According to Accenture Report

NEW YORK, LONDON and HONG KONG; Mar. 28, 2017 – In the next stage of artificial intelligence adoption, banks will use AI to help understand the intentions and emotions of customers and enable better interactions, according to a new report from Accenture (NYSE: ACN).  
March 15, 2017

Accenture Launches North American Innovation Center for Finance & Risk

NEW YORK; Mar. 15, 2017 – Accenture (NYSE: ACN) has opened the Innovation Center for Finance & Risk in New York to help financial services clients quickly develop and scale advanced data and analytics capabilities. 
February 08, 2017

Accenture Completes Acquisition of InvestTech Systems Consulting, Expanding its Asset Management Consulting Capabilities

NEW YORK; Feb. 8, 2017 – Accenture (NYSE: ACN) has completed its acquisition of InvestTech Systems Consulting, a market leader in investment technology systems-integration and consulting services that support many of the world’s largest asset managers and investment service providers. 
January 31, 2017

Accenture to Acquire InvestTech Systems Consulting Further Expanding Its Asset-Management Consulting Capabilities

NEW YORK; Jan. 31, 2017 – Accenture (NYSE: ACN) has agreed to acquire InvestTech Systems Consulting, a market leader in investment technology systems-integration and consulting services that supports many of the world’s largest asset managers and investment service providers. 
January 17, 2017

Blockchain Technology Could Reduce Investment Banks’ Infrastructure Costs by 30 Percent, According to Accenture Report

NEW YORK; Jan. 17, 2017 – Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30 percent, translating to $8 billion to $12 billion in annual cost savings for those banks, according to a new report by Accenture (NYSE: ACN) and McLagan which is part of Aon Hewitt, a business unit of Aon plc (NYSE: AON).
January 16, 2017

Fintech Innovation Lab London Kicks Off Largest Programme in Its Five-Year History

LONDON; Jan. 16, 2017 – The 20 innovative startups chosen from among more than 300 fintech entrepreneurs around the globe who applied for Accenture’s FinTech Innovation Lab London represent the largest class in the London Lab’s five-year history. This year’s programme also received the greatest number of applicants, with increased interest from startups in the Middle East, Turkey, Russia, the Nordics and North America.
September 28, 2016

Accenture Launches New Cloud-Based Solution to Help Wealth Managers Comply with U.S. Department of Labor Fiduciary Rule

NEW YORK; Sept. 28, 2016 – Accenture (NYSE: ACN) has introduced a new cloud-based solution, Accenture Wealth Management Compliance Solution for Salesforce, designed to help wealth management firms comply with the U.S. Department of Labor’s fiduciary rule for advisers overseeing retirement accounts. The rule, effective April 2017, provides that advisers may not receive payments that create conflicts of interest.
September 20, 2016

Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems

NEW YORK, LONDON, HONG KONG; Sept. 20, 2016 – Accenture (NYSE: ACN) has created a prototype of a new capability that enables blockchain technology to be edited under extraordinary circumstances to resolve human errors, accommodate legal and regulatory requirements, and address mischief and other issues, while preserving key cryptographic features. The prototype represents a significant breakthrough for enterprise uses of blockchain technology particularly in banking, insurance and capital markets.