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.
The acquisition expands Accenture’s capabilities to help global investment managers, institutional investors and asset servicers stay in front of new and emerging digital innovations and technology paradigms to strengthen their competitiveness. Terms of the transaction were not disclosed.
It represents Accenture’s second asset management industry-focused acquisition in a little over a year. In December 2015, Accenture acquired Beacon Consulting Group to enhance its management consulting capabilities and expand its back-office and middle-office client relationships with five of the top 10 North American asset management firms.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
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