Accenture Named a Leader for Finastra IT Services by Everest Group

Rhea-AI Summary

Accenture (NYSE: ACN) has been recognized as a Leader in Finastra IT services by Everest Group in its 2022 PEAK Matrix® Assessment. The report highlights Accenture's extensive Finastra services portfolio, robust global delivery capabilities, and innovative as-a-service solutions in payments, lending, treasury, and risk management. Pranati Dave from Everest Group emphasized Accenture's strong market share and expertise in system integration services. David Parker from Accenture noted their commitment to continuous innovation and enhancing client experiences in the financial services sector.

Positive

• Accenture recognized as a Leader in Finastra IT services by Everest Group.
• Strong portfolio of Finastra services enhances market position.
• Significant market share in Finastra-specific system integration services.
• Emphasis on continuous innovation and client experience in financial services.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has been recognized as a Leader for Finastra IT services in a new report by industry analyst firm Everest Group.

Accenture positioned as a leader for Finastra IT Services by Everest Group. (Photo: Business Wire)

In the report, titled “Finastra IT Services PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market Impact and Vision & Capability. Everest Group cited Accenture’s broad Finastra services portfolio, strong global delivery capabilities, and its unique as-a-service solutions and accelerators in payments, lending, treasury and risk as strengths.

According to the report, as traditional banks adopt platform-centric operating models, Finastra has emerged as one of the largest banking and financial services core technology platforms, with products across payments, treasury, risk and compliance, open banking, lending and capital markets.

“With its major wins and multiple renewals in the last 12-18 months, Accenture enjoys one of the largest market shares for Finastra-specific system integration services,” said Pranati Dave, a practice director at Everest Group. “Accenture’s domain expertise, as-a-service offerings for multiple lines of business, innovative IPs leveraging emerging technologies, and client appreciation for its capabilities as a strategic partner make them a Leader in Everest Group’s Finastra IT Services PEAK Matrix® Assessment 2022.”

David Parker, a senior managing director at Accenture and executive sponsor of Accenture’s partnership with Finastra, said: “Our strong partnership with Finastra and track record of continuous innovation has helped banks and other financial services firms transform their customer experience. We remain focused on supporting Finastra’s value proposition for clients through our dedicated innovation and service delivery centers, as well as the development of disruptive use cases on FusionFabric.cloud, Finastra’s open banking platform and application marketplace.”

Everest Group’s Finastra IT Services PEAK Matrix® Assessment 2022 analyzed 15 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 Accenture’s Finastra capabilities 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 www.accenture.com/BankingCapabilities.

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 www.accenture.com/CapitalMarketsCapabilities.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220209005021/en/

Michael McGinn

Accenture

+1 312 693 5707

m.mcginn@accenture.com

Susan Kirwin

Accenture

+1 416 641 5148

susan.kirwin@accenture.com

Source: Accenture

FAQ

What recognition did Accenture receive in 2022 related to Finastra IT services?

Accenture was recognized as a Leader in Finastra IT services by Everest Group in their 2022 PEAK Matrix® Assessment.

What strengths did Everest Group identify for Accenture in the report?

Everest Group highlighted Accenture's broad Finastra services portfolio, strong global delivery capabilities, and unique as-a-service solutions.

What does Accenture's leadership in Finastra services indicate about its market position?

Accenture's leadership indicates a strong market share and expertise in Finastra-specific system integration services.

What areas did Accenture focus on to improve customer experience in financial services?

Accenture focused on continuous innovation and enhancing services through partnerships with Finastra.

How many service providers were analyzed in Everest Group’s Finastra IT services report?

Everest Group analyzed 15 service providers in their Finastra IT Services PEAK Matrix® Assessment 2022.