Financial Institutions Make Progress Applying Smart Technologies for Risk Management, but most Struggle to Keep Skills Development on Pace with Technology Advances, According to Accenture Study

NEW YORK; Sept. 20, 2017 – A new study by Accenture (NYSE:  ACN) found that, while large financial institutions have made progress applying smart technologies like cloud, biometrics, and big data analytics to their risk management functions, two-thirds (66 percent) of executives say skills deficiencies are impeding the effectiveness of the function as these technologies evolve. 
September 20, 2017

Accenture Debuts New Service for Asset Management Firms to Help Drive Profitability and Competitiveness

LONDON; Sept. 11, 2017 – Accenture (NYSE:ACN) has launched a new business analytics service for investment management institutions to help them benchmark, analyze and improve the performance of their business processes and technology. 
September 11, 2017

Accenture Acquires VERAX, Enhancing Its Banking Technology Capabilities in Canada

TORONTO; August 24, 2017 – Accenture (NYSE: ACN) has acquired VERAX Solutions (“VERAX”), a Toronto-based technology and systems-integration consulting firm that serves the financial services sector in Canada. Financial terms were not disclosed.
August 24, 2017

Accenture Supports Newly Launched Fintech71 Accelerator Program in Ohio

COLUMBUS, Ohio; Aug. 22, 2017 – Accenture (NYSE: ACN) has joined leading financial institutions to support the inaugural Fintech71 financial technology accelerator in Ohio. Accenture will serve as a member of the Fintech71 board advisors and provide funding and expert consultation to help establish a robust mentorship program. 
August 22, 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. 
April 10, 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. 
March 15, 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. 
February 08, 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 31, 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 17, 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.
January 16, 2017