Accenture Named a Leader in Platform IT Services for both Banking and Capital Markets by Everest Group – Yahoo Finance

NEW YORK, January 26, 2022–(BUSINESS WIRE)–Accenture (NYSE: ACN) has, for the second consecutive time, been named a Leader in platform IT services for banking and capital markets in a report by industry analyst firm Everest Group.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220126005256/en/
Accenture positioned as a leader in Everest Group’s Platform IT Services for both Banking and Capital Markets. (Graphic: Business Wire)
In the report, titled "Platform IT Services in BFS PEAK Matrix® Assessment 2022," Accenture is positioned as a Leader for both Market Impact, which assesses service providers against criteria such as market adoption, portfolio mix and value delivered to clients; and Vision & Capability, which measures firms’ strategy, scope of services, innovation & investments, and delivery.
The report notes that many banks and capital markets firms are focused on upgrading and modernizing their core systems, partnering with a mix of technology platforms and service vendors to fill gaps in their digital capabilities.
According to Everest Group, Accenture is well-positioned to help financial services clients adopt enterprise platforms through its end-to-end platform service framework, long-standing partnerships with banking and capital markets platforms, and significant investments to bolster its capabilities, including centers of excellence, innovation labs and intellectual property.
"Banking and capital markets clients have appreciated Accenture’s strategic partnership as they move along their platform journey from selection to migration and implementation," said Ronak Doshi, a partner at Everest Group. "Accenture’s long-standing partnerships with several core, workflow, risk & compliance, and customer experience platforms; coupled with its strategic acquisitions to fuel its talent pool; investments in next generation technology; and a well-balanced delivery footprint; have made it a Leader in Everest Group’s Platform IT Services in BFS PEAK Matrix® Assessment 2022."
Brett Goode, who leads Accenture’s digital banking practice in North America, said, "As the demand for digital services increases, platforms can help banks operate more flexibly, make better use of their data, and create new products faster to improve the customer experience. We are thrilled to be recognized by Everest Group as a Leader in this space, where we use our deep industry knowledge, technology capabilities and strong ecosystem of leading platforms to support banks in offering the next generation of banking solutions to their customers."
Tom Syrett, who leads Accenture’s capital markets platforms business, said, "We’ve supported some of the largest migrations within the industry, leveraging our DevOps and cloud capabilities to enable capital markets firms to integrate and manage platforms faster, better and more cost-effectively. Moving these platforms to the cloud can unlock added benefits, including increased agility and access to advanced analytics capabilities."
Everest Group’s Platform IT Services in BFS PEAK Matrix® Assessment 2022 analyzed 18 service providers on several capability-related dimensions. The study is based on RFI responses from service providers, client reference checks and an ongoing analysis of the IT platforms banking and financial services market.
More information on the assessment can be found here.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 674,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com
Accenture’s Banking industry group helps retail and commercial banks and payments providers boost innovation; address business, technology and regulatory challenges; and improve operational performance to build trust and engagement with customers and grow more profitably and securely. To learn more, visit https://www.accenture.com/us-en/industries/banking-index
Accenture’s Capital Markets industry group helps wealth and asset managers, investment banks and exchanges rethink their business models, manage risk, redefine workplace strategies and improve operational efficiency to prepare for the digital future. To learn more, visit https://www.accenture.com/us-en/industries/capital-markets-index
Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.
This content is provided for general information purposes and is not intended to be used in place of consultation with our professional advisors. This document refers to marks owned by third parties. All such third-party marks are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such marks is intended, expressed or implied.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220126005256/en/
Contacts
Michael McGinn
Accenture
+1 312 693 5707
[email protected]
Susan Kirwin
Accenture
+1 416 641 5148
[email protected]
Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting.
Microsoft has restored the market’s faith in the cloud, while IBM reminded investors there was still value in a legacy business.
Federal Reserve Chairman Jerome Powell is giving investors another six weeks to envision a future where interest rates start to climb and its balance sheet dramatically shrinks. Expect a lot of swings in markets until then.
From Peru to Palo Alto, our panelists see plenty of opportunities in increasingly challenging markets.
The stock market hasn't been in the best shape this year. Growth stocks have been hit particularly hard due to valuation concerns and impending interest rate hikes in the U.S. All these issues are merely temporary, though, and it'd be best for investors to look past them and hold on to shares of great companies. Let's consider two such stocks: Inovio Pharmaceuticals (NASDAQ: INO) and Cronos Group (NASDAQ: CRON).
Will the Fed tighten the economy into a recession? That’s what some on Wall Street fear. Watch the yield curve for clues to the next downturn.
On Wednesday, the Federal Reserve confirmed intentions to begin raising interest rates in March. Fed Chair Jerome Powell hinted to expect the unexpected, stating that the Fed would take a flexible approach to raise rates and respond to inflation as needed. Although it's a reasonable position to take, and could be the best course of action long term, the U.S. stock market tends to hate short-term uncertainty.
Investing $200,000 in this basket of dividend stocks should earn you $12,800 in passive income in 2022.
Computers in many forms are becoming increasingly vital for both business and personal use. Two leading computer component suppliers are Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (AMD) (NASDAQ: AMD).
Pandemic-driven supply chain disruptions have negatively affected numerous industries, reducing inventory levels and putting inflationary pressure on the economy. In fact, global semiconductor revenue skyrocketed 25% in 2021, topping $500 billion for the first time, according to research company Gartner. More importantly, semiconductors play a critical role in virtually every sector of the economy, from established industries like auto manufacturing and consumer electronics to emerging technologies like artificial intelligence and the metaverse.
Few companies seem as equally matched as Shopify (NYSE: SHOP) and Block (NYSE: SQ). Both have been instrumental in allowing entrepreneurs to launch their businesses, and both platforms are currently expanding beyond just helping individuals and small businesses get their starts. Do the new markets they're targeting present better growth opportunities, or do they increase the risks investors face?
The company seems better off without Kyndryl. The CEO's chosen focus also appears to be paying off.
To put this question another way: What year’s U.S. retirees had the greatest difficulty sustaining their retirement standard of living, relative to any other year’s retirees of the last two centuries? If you’re like almost everyone else, your first guess is the summer of 1929, just prior to that year’s stock market crash. Close runners up include early 2000, just prior to the bursting of the Internet bubble, 1987 prior to that year’s stock market crash, or October 2007 before the Great Financial Crisis.
Investors must add alternative investments to their asset-allocation mix. These three model portfolios deliver similar returns with less risk.
Yahoo Finance's Brian Sozzi discusses Rivian and where analysts see the stock going from here.
Since the year began, Wall Street and investors have contended with the steepest corrections in both the tech-heavy Nasdaq Composite and broad-based S&P 500 since 2020. Although the heightened volatility associated with crashes and corrections can be unnerving at times, every notable move lower in the stock market throughout history has represented a buying opportunity for patient investors. The first unstoppable stock investors can confidently buy as the market heads lower is Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), the parent company of internet search engine Google and streaming platform YouTube.
In this article, we discuss Jim Cramer’s top 10 stock picks for 2022. If you want to skip our detailed analysis of these stocks, go directly to Jim Cramer’s Top 5 Stock Picks for 2022. The beginning of 2022 has not been kind to the stock market. Major indices are down, inflation is up, and […]
Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.
Intel Corp. weathered another tough investor reaction to its earnings report Thursday despite strong results, as the chip maker faces another challenge in addition to falling margins: A looming oversupply of PCs that promises to hit its largest business segment.
Shares of Visa (NYSE: V) surged 10.6% on Friday after the digital payments giant delivered impressive fiscal 2022 first-quarter earnings results. Visa's revenue jumped 24% year over year to $7.1 billion. Notably, Visa's lucrative cross-border volume — which is comprised of transactions between purchasers and merchants that reside in different countries — soared 40%.

source