Photo via Accenture

Accenture Named a Leader for Application and Digital Services in Capital Markets

Originally published on Accenture.com

Accenture (NYSE: ACN) has been named a Leader for application and digital services in capital markets by consulting and research firm Everest Group.

Everest Group analyzed the capabilities of leading application and digital service providers for the capital markets industry. Service providers are positioned on Everest Group’s PEAK Matrix®, which measures each firm’s vision, capability and market impact. The reports and PEAK Matrix assessments provide businesses with a framework to measure the relative market impact and capabilities of service providers around the world.

Accenture is positioned as a Leader for Market Impact, which assesses service providers against criteria such as market adoption, portfolio mix and value delivered to clients; and for Vision & Capability, which includes measures such as strategy, scope of services, innovation & investments and delivery.

In its Application and Digital Services in Capital Markets – Services PEAK Matrix® Assessment 2021Everest Group analyzed 25 service providers:

“We’re thrilled to be recognized by Everest Group for our leading capabilities in helping capital markets firms modernize their legacy technology systems to drive real business value,” said David Treat, a senior managing director who leads technology for Accenture’s Capital Markets industry group. “The breadth of Accenture’s innovative cloud-first solutions coupled with our industry expertise can help capital markets firms maximize the benefits of cloud-based infrastructure, digital asset markets, and applications, including speed, agility and a better customer experience at a lower cost with greater security.”

“Capital markets firms have to put digital at their core by embracing cloud, artificial intelligence, and data and analytics across their enterprises,” said Michael Spellacy, a senior managing director at Accenture and global capital markets industry group lead. “Doing so can help firms contend with rising costs, declining revenues and subpar digital customer experiences while creating new opportunities for growth. The first-mover advantage is real and the financial crisis of 2008 illustrated this as the banks who made bold bets and invested in technology thrived afterward, while those who rode out the crisis with their operations intact lost market share and remain behind to this day.”

Accenture recently announced Accenture Cloud First, a multi-service group of 70,000 cloud professionals that brings together the full power and breadth of Accenture’s industry and technology capabilities, ecosystem partnerships, and deep commitment to learning and upskilling clients’ employees and to responsible business, with the singular focus of enabling organizations to move to the cloud with greater speed and achieve greater value for all their stakeholders at this critical time.

Latest News

Yolanda King

13-Year-Old Granddaughter of MLK, Yolanda Renee King, Calls for ‘Work’ and ‘Action’

On what would have been the late civil rights icon’s 93rd birthday, Martin Luther King Jr.’s 13-year-old granddaughter Yolanda Renee King proudly stood in his place, speaking out to a crowd of supporters and actively calling for all of us to continue the work her grandfather started. Maya Eaglin of…

Navient Corporation

Navient Agrees to $1.7-Billion Settlement for Abusive Lending Practices Impacting Thousands of US College Students

The price of a college education continues to be a stumbling block to many across the country. According to the Education Data Initiative, an estimated 43.2 million individuals are currently paying off loans with an average value of more than $39,000. Of that group, Black students and college graduates are…

Michele C. Meyer-Shipp

People on the Move: Michele C. Meyer-Shipp, New CEO of ‘Dressed for Success Worldwide’

Dress for Success Worldwide, the global nonprofit organization designed to empower women to succeed in business by providing a network of support, professional attire and personal development tools, has announced a change in its executive leadership. Michele C. Meyer-Shipp will become the new CEO of the organization, succeeding Joi Gordon. …

statues, MLK, king

Celebrating 5 MLK Statues, Memorials and Significant Locations Across the Country—All Worth a Visit

A crucial part of Dr. Martin Luther King Jr.’s work in the Civil Rights movement was protecting voting rights. Instead of MLK Day celebrations this year, the leader’s family is spearheading a supportive push towards voting rights reform across the country. Statues honoring Dr. King’s activism and messages pay tribute…