November 29, 2023

Bankdata Selects Accenture to Transform its Operations and Deliver Capital Markets Services

Accenture will provide risk and front-to-back-office services for Bankdata's member banks via a customized Murex MX.3 platform to drive cost efficiencies and meet regulatory demands

NEW YORK and COPENHAGEN, Denmark; Nov. 29, 2023 – Accenture (NYSE: ACN) has signed a multi-year agreement with Bankdata, one of the largest fintech companies in Denmark and the Nordic region, to modernize its operations and migrate its capital markets platform to the cloud.

Bankdata will leverage Accenture Applied Technology and Operations for Markets, a multi-client service for banks and asset managers that offers a broad range of as-a-service capabilities in front-to-back-office technology and operations processing. The service will utilize Murex’s MX.3 platform to deliver trading, treasury, post-trade processing and risk services for Bankdata and its member banks.

By moving the platform to the cloud, managing it through Accenture’s cloud-hosted architecture, and adopting a regular system upgrade policy, members can provision development and test environments within minutes that can be scaled up and down based on demand. This will help create cost efficiencies while ensuring compliance with regulatory requirements.

Accenture will collaborate with Bankdata to operate and maintain the platform, as well as provide regular upgrades. Bankdata's ownership group, which includes Jyske Bank and Sydbank, uses MX.3 for trading complex financial products such as currency, derivatives, interest rate and currency swaps, with daily turnover of approximately $42 billion.

Christian Wiese, senior vice president at Bankdata, said, ”We have successfully developed and implemented a capital markets platform which is fundamental to our owners. Now, we enter a collaboration with Accenture affording us considerable flexibility while also optimizing cost-efficiency."

Tom Syrett, Accenture’s Capital Markets industry lead for Europe, said, "Capital markets firms face continued pressure to deliver agile business offerings that meet clients’ expectations in a cost-constrained environment. The agreement with Bankdata and Murex brings together Accenture’s expertise in managing complex financial platforms with our collective investments in cloud, DevOps, data and AI to deliver long-term results.”

About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 733,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at

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