June 04, 2012
Accenture Expands Relationship with Nordea through Five-Year
Application Development and Maintenance Services Agreement
STOCKHOLM; June 4, 2012 – Accenture (NYSE: ACN) has signed a five-year application development and maintenance services agreement with Nordea, the leading financial services group in the Nordic and Baltic Sea region.
Under the terms of the agreement, Accenture will develop and maintain existing and new applications in the areas of risk management, treasury, human resources and procurement management.
The agreement also extends Accenture’s prior agreement to maintain the applications that support Nordea’s Basel II compliance reporting.
The application development and maintenance services will be delivered through Accenture’s Global Delivery Network using delivery centers in India, with local service management in Sweden.
Accenture is a global management consulting, technology services and outsourcing company, with more than 246,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.
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