ACN Accenture Plc Class A

Accenture Launches North American Innovation Center for Finance & Risk

Accenture (NYSE:ACN) has opened the Innovation Center for Finance & Risk in New York to help financial services clients quickly develop and scale advanced data and analytics capabilities.

The center, part of Accenture’s international innovation network, focuses on developing solutions for finance and risk (F&R) data management, data engineering, advanced analytics, artificial intelligence and reporting. The center, which will offer consulting, development and operations services across the end-to-end data and analytics solution lifecycle, already has more than 20 industry partnerships with universities, fintech startups and global financial institutions.

Last month, Accenture announced that it is accelerating its investments in innovation in the U.S., including opening 10 new innovation hubs and expanding its regional network of technology delivery centers by the end of 2020. The company also will invest $1.4 billion in training to ensure its people have leading-edge capabilities to serve its clients, while creating 15,000 highly skilled new jobs in the U.S.

The Innovation Center for Finance & Risk in New York will focus on helping financial institutions achieve cost-efficient growth and enhance regulatory controls as they implement a new generation of data and analytics capabilities, powered by big data, cloud and artificial intelligence technologies, to address regulatory reporting (including CCAR, CECL and FRTB), financial and risk reporting. The new center will help institutions accelerate that transition by using next-generation tools and technology enabled by the Accenture Insights Platform (AIP), the Accenture Labs – which redefine the possible with applied R&D – and by leveraging Accenture’s software alliances.

Accenture is helping several of the world’s largest retail, commercial and investment banks with initiatives to enhance their data-science, analytics-technology and data-engineering capabilities and embed analytics across their businesses. Using cutting-edge technology and flexible delivery methods, Accenture has helped these clients reduce the time to deploy these solutions by as much as 80 percent while reducing implementation costs by 75 percent.

“Our new Innovation Center for Finance & Risk fosters deep collaboration between our clients and Accenture data scientists and technology experts, who understand their challenges,” said Antonio Castro, the innovation center’s lead for Accenture Analytics, part of Accenture Digital. “Together, we can work quickly and effectively to ideate, prototype and scale solutions. The center has already enabled us to accelerate delivery of next-generation data platforms, including building the data pipelines, models and dashboards for risk, marketing and performance reporting for a number of leading financial institutions.”

Luther Klein, the center’s lead for Finance & Risk Services, said, “This is all about accelerating innovation for institutions that operate in the North American market. With the center, we are providing a combination of data analysis, quantitative modelling and functional resources that we can scale to support our clients’ needs. By using tools such as Python and Spark, banks are able to leverage the center to enhance their finance and risk capabilities and generate deeper analytics insight around big data. These approaches are creating value for their businesses by streamlining operations and fast-tracking the delivery of data management and traceability initiatives.”

The center is part of the Accenture Innovation Architecture, which combines capabilities from across the company to help clients develop and deliver disruptive innovations, and to scale them faster. From research, ventures and labs to studios, innovation centers and delivery centers, it helps companies imagine the future and bring it to life.

More information about Accenture’s Innovation Center for Finance & Risk is available here.

About Accenture

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 more than 394,000 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.

Accenture Analytics, part of Accenture Digital, helps clients to use analytics and artificial intelligence to drive actionable insights, at scale. Accenture Analytics applies sophisticated algorithms, data engineering and visualization to extract business insights and help clients turn those insights into actions that drive tangible outcomes – to improve their performance and disrupt their markets. With deep industry and technical experience, Accenture Analytics provides services and solutions that include, but are not limited to: analytics-as-a-service through the Accenture Insights Platform, continuous intelligent security, machine learning, and IoT Analytics. For more information, follow us @ISpeakAnalytics and visit www.accenture.com/analytics.

Accenture Finance & Risk Services is a business service within Accenture’s Financial Services operating group that provides management consulting and technology services to banks, insurers and capital markets organizations. Its services are designed to help financial services companies leverage the critical functions of risk and finance as competitive differentiators in executing their business strategy. It provides updates on the latest news and analysis of regulations across major global economies through the Accenture Regulatory Insights blog.

EN
15/03/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Accenture Plc Class A

Garvit Bhandari
  • Garvit Bhandari

Global Management Consulting Industry July 2025

This report looks at the management consulting industry globally. Management consulting refers to any arrangement in which companies or organizations hire individuals to advise them. Consultants assist with a wide variety of business problems and try to provide solutions for their clients. Those problems can range from researching a potential new product, to re-organizing the employee structure, to completely re-thinking a company’s strategy. The report talks about the overall market size, marke...

Accenture Plc: 3 directors

Four Directors at Accenture Plc bought/sold 2,982 shares at between 0.000USD and 282.448USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over...

Olfa Taamallah ... (+3)
  • Olfa Taamallah
  • Roy Külter
  • Yan Derocles
VIE VEOLIA ENVIRONNEMENT SA
EDEN EDENRED SA
TKA THYSSENKRUPP AG
RR. ROLLS-ROYCE HOLDINGS PLC
MT ARCELORMITTAL SA
CA CARREFOUR SA
BEKB BEKAERT SA
SOP SOPRA STERIA GROUP SA
APAML APERAM SA
OUT1V OUTOKUMPU OYJ
MTX MTU AERO ENGINES AG
ACN ACCENTURE PLC CLASS A
HO THALES SA
SSAB A SSAB AB CLASS A
RXL REXEL SA
INF INFOTEL SA
FGA FIGEAC AERO SA
RHM RHEINMETALL AG
SZG SALZGITTER AG
WHA WERELDHAVE N.V.
SWP SWORD GROUP SE
AUB AUBAY SA
FII LISI SA
GOE GROUPE GORGE SA
ATE ALTEN SA
VOE VOESTALPINE AG
ACX ACERINOX SA
XIOR XIOR STUDENT HOUSING N.V.
SAF SAFRAN S.A.
HEI HEIDELBERGCEMENT AG
AIR AIRBUS SE
ERA ERAMET SA
CAP CAPGEMINI SE
BA. BAE SYSTEMS PLC
COFB COFINIMMO SA
VRNL VERNEUIL PARTICIPATIONS
CTAC CTAC N.V.
TIETO TIETOEVRY OYJ
NDA AURUBIS AG
ANA ACCIONA SA
HM B H&M HENNES & MAURITZ AB CLASS B
COK CANCOM SE
VASTB VASTNED RETAIL BELGIUM NV
BC8 BECHTLE AG
ADN1 ADESSO AG
MONT MONTEA SCA
AED AEDIFICA SA
AMG AMG ADVANCED METALLURGICAL GROUP N.V.
CPINV CARE PROPERTY INVEST SA
VGP VGP NV
BC BRUNELLO CUCINELLI S.P.A.
FACC FACC AG
IDR INDRA SISTEMAS S.A. CLASS A
RIO RIO TINTO PLC
LDO LEONARDO SPA
ECONT ECONOCOM GROUP SE CLASS D
BHP BHP GROUP LTD
REY REPLY S.P.A.
AMAG AMAG AUSTRIA METALL AG
NSI NSI N.V.
AEIN ALLGEIER HOLDING AG
WAVE WAVESTONE SA
PRX PROSUS N.V. CLASS N
HAG HENSOLDT AG
WDP WAREHOUSES DE PAUW SCA
NA9 NAGARRO
AERO MONTANA AEROSPACE AG
ANE CORPORACION ACCIONA ENERGIAS RENOVABLES SA
ECMPA EUROCOMMERCIAL PROPERTIES NV
AM DASSAULT AVIATION
CTPNV CTP NV
SHEL SHELL PLC
IOS IONOS GROUP SE
LAT LATECOERE
R3NK RENK GROUP AG
EXENS EXOSENS
ATO ATOS SE
AAL ANGLO AMERICAN PLC
Olfa Taamallah ... (+3)
  • Olfa Taamallah
  • Roy Külter
  • Yan Derocles
Olfa Taamallah ... (+3)
  • Olfa Taamallah
  • Roy Külter
  • Yan Derocles
VIE VEOLIA ENVIRONNEMENT SA
EDEN EDENRED SA
TKA THYSSENKRUPP AG
RR. ROLLS-ROYCE HOLDINGS PLC
MT ARCELORMITTAL SA
CA CARREFOUR SA
BEKB BEKAERT SA
SOP SOPRA STERIA GROUP SA
APAML APERAM SA
OUT1V OUTOKUMPU OYJ
MTX MTU AERO ENGINES AG
ACN ACCENTURE PLC CLASS A
HO THALES SA
SSAB A SSAB AB CLASS A
RXL REXEL SA
INF INFOTEL SA
FGA FIGEAC AERO SA
RHM RHEINMETALL AG
SZG SALZGITTER AG
WHA WERELDHAVE N.V.
SWP SWORD GROUP SE
AUB AUBAY SA
FII LISI SA
GOE GROUPE GORGE SA
ATE ALTEN SA
VOE VOESTALPINE AG
ACX ACERINOX SA
XIOR XIOR STUDENT HOUSING N.V.
SAF SAFRAN S.A.
HEI HEIDELBERGCEMENT AG
AIR AIRBUS SE
ERA ERAMET SA
CAP CAPGEMINI SE
BA. BAE SYSTEMS PLC
COFB COFINIMMO SA
VRNL VERNEUIL PARTICIPATIONS
CTAC CTAC N.V.
TIETO TIETOEVRY OYJ
NDA AURUBIS AG
ANA ACCIONA SA
HM B H&M HENNES & MAURITZ AB CLASS B
COK CANCOM SE
VASTB VASTNED RETAIL BELGIUM NV
BC8 BECHTLE AG
ADN1 ADESSO AG
MONT MONTEA SCA
AED AEDIFICA SA
AMG AMG ADVANCED METALLURGICAL GROUP N.V.
CPINV CARE PROPERTY INVEST SA
VGP VGP NV
BC BRUNELLO CUCINELLI S.P.A.
FACC FACC AG
IDR INDRA SISTEMAS S.A. CLASS A
RIO RIO TINTO PLC
LDO LEONARDO SPA
ECONT ECONOCOM GROUP SE CLASS D
BHP BHP GROUP LTD
REY REPLY S.P.A.
AMAG AMAG AUSTRIA METALL AG
NSI NSI N.V.
AEIN ALLGEIER HOLDING AG
WAVE WAVESTONE SA
PRX PROSUS N.V. CLASS N
HAG HENSOLDT AG
WDP WAREHOUSES DE PAUW SCA
NA9 NAGARRO
AERO MONTANA AEROSPACE AG
ANE CORPORACION ACCIONA ENERGIAS RENOVABLES SA
ECMPA EUROCOMMERCIAL PROPERTIES NV
AM DASSAULT AVIATION
CTPNV CTP NV
SHEL SHELL PLC
IOS IONOS GROUP SE
LAT LATECOERE
R3NK RENK GROUP AG
EXENS EXOSENS
ATO ATOS SE
AAL ANGLO AMERICAN PLC

ResearchPool Subscriptions

Get the most out of your insights

Get in touch