Accenture has been selected to help Dongbu Insurance, Korea's second-largest non-life insurer, enhance its accounting and financial management operation to improve operational efficiencies and increase financial data transparency.
Despite increased efforts, banks are facing an uphill struggle in preparing for the Basel II Framework, which sets new standards in risk management and capital adequacy, according to results of a survey released today by Accenture.
Accenture and Deutsche Börse have been selected to help the Shanghai Stock Exchange build a new electronic trading system. Under the agreement, the Shanghai Stock Exchange, China's largest exchange, has licensed Deutsche Börse's Xetra trading system, which Accenture will adapt and implement for the Chinese market.
ING Group and Accenture have signed a five-year sourcing contract under which Accenture will manage ING Flexforce, a new service that provides ING Intermediair with complete management of its temporary insurance workforce in the Netherlands. Terms of the deal were not disclosed.
Barclays in the UK has signed a six-year contract worth more than £400m to outsource information technology (IT) application development and management related to its UK-based commercial and retail banking systems to Accenture (NYSE: ACN).
Accenture (NYSE: ACN) and Acxiom® (Nasdaq: ACXM) have joined forces to help clients in the retail financial services, telecommunications, consumer products and government sectors better use customer information to improve business results.
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