NEW YORK and TORONTO; Feb. 7, 2019 – Accenture (NYSE: ACN) has completed its previously announced transaction with Zafin, a worldwide leader in financial services software based in Canada, under which select professional-services employees at Zafin — based in Canada, India and the U.K. — have joined Accenture’s global Financial Services practice.
The acquisition provides Accenture with additional technical integration and development capabilities that will help financial institutions to improve their pricing, personalization and product configuration, without having to replace their legacy systems. Terms of the transaction were not disclosed.
The completion of the acquisition follows the establishment of an alliance between Accenture and Zafin and a recent investment by Accenture Ventures in Zafin.
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 469,000 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.
Established in 2002, Zafin (@Zafin) is a worldwide leader in financial services software that drives relationship pricing, bundling and rates management strategies for global financial institutions. Built from the ground up for financial services, its platform empowers financial institutions to increase revenue and efficiency by modernizing legacy infrastructure and enables financial institutions to build more personalized and profitable client relationships. Headquartered in Toronto with offices around the globe, Zafin is trusted by some of the world’s largest retail and corporate banks to provide more compelling products and experiences to their clients. Visit us at Zafin.com.
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