Accenture Financial Services - News, Articles & Research

Company announcement

Compliance challenged by new regs, business demands and lagging IT architecture

The ability of financial institutions’ compliance function to manage risk is being challenged by rising expectations for the function to play a stronger role in front-office processes, the increased volume and complexity of regulations, and a lagging data and technology architecture, according to a new compliance risk report from Accenture (ACN).

16 March 2016

Company announcement

Accenture sets up blockchain practice

Accenture (ACN) has launched a specialized practice within its financial services group to help institutions implement blockchain technology in order to improve operational efficiency, security, and client service, as well as to capture new revenue opportunities.

17 February 2016

Company announcement

Digital Asset aligns with Accenture, Broadridge and PwC

Digital Asset Holdings, LLC, a developer of Distributed Ledger Technology for the financial services industry, today announced that it has entered into non-exclusive strategic business relationships with Accenture, Broadridge and PwC designed to ensure the faster adoption and scalability of its innovative solutions, and create additional value for clients across the financial ecosystem.

17 February 2016

News

Linux Foundation's Hyperledger Project boasts new members and code contributions

The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.

09 February 2016

Company announcement

Accenture completes acquisition of Formicary

Accenture (NYSE: ACN) has completed its acquisition of Formicary, a leading provider of systems integration and technology consulting services for trading platforms in the UK and North America.

03 February 2016

Finextra TV

PSD2 and strategies for banks

Petri Syvänne, Head of Accenture Payment Services Nordic and Ilkka Ruotsila, Nordic Head of Accenture Strategy for Banking & Financial Services, speak about how banks should prepare for PSD2 and the strategies banks should adopt in dealing with the regulation.

03 February 2016

News

Financial industry giants join $50m Digital Asset Holdings funding round

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.

21 January 2016

Company announcement

Accenture hires Alan McIntyre as senior managing director of global banking

Accenture (ACN) has named Alan McIntyre to be senior managing director, global banking, effective January 6, 2016.

11 January 2016

Company announcement

Accenture acquires Formicary

Accenture (NYSE: ACN) has agreed to acquire Formicary, a provider of consulting and systems integration services for trading platforms in the UK and North America.

07 January 2016

News

Accenture shortlists 15 for London Innovation Lab

Blockchain technology, cognitive computing and biometric security feature among the shortlisted applications selected to participate in Accenture’s 2016 FinTech Innovation Lab London.

06 January 2016

Company announcement

Accenture buys Beacon Consulting Group

Accenture (NYSE: ACN) has acquired Beacon Consulting Group, a trusted advisor and management consultant to the North American asset management community.

15 December 2015

News

JPMorgan adds two tech heads to its European board

US bank JPMorgan Chase and Co has recruited the technology heads of two FTSE100 companies to serve as non-executive directors, according to a report by the Wall Street Journal.

11 December 2015