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Accenture Acquires VERAX, Enhancing Its Banking Technology Capabilities in Canada

Toronto-based technology services firm provides breadth of digital and technology integration experience.

REUTERS

Accenture (No. 14 on the DiversityInc Top 50 Companies list) has acquired VERAX Solutions ("VERAX"), a Toronto-based technology and systems-integration consulting firm that serves the financial services sector in Canada. Financial terms were not disclosed.


VERAX is a privately-owned company founded in 2003 that employs around 180 people at offices in Toronto and Halifax. Its key service areas include IT strategy, enterprise architecture consulting, project and program management, financial risk and compliance solutions, as well as business intelligence and data warehousing. Serving leading banking, insurance and capital markets institutions, VERAX delivers IT consulting initiatives across the full range of financial-services lines of business, including wealth management, brokerage and mutual funds, mobile and online banking, retail and commercial banking, and insurance and capital markets.

The addition of VERAX – with its proven technology and systems-integration expertise across the financial services sector – will complement and enhance Accenture's consulting and technology capabilities in Canada.

"VERAX consultants are known for their deep technical expertise, collaborative culture and strong reputation for delivery, which we believe will greatly complement and enhance the breadth and depth of our financial services capabilities in Canada," said Robert Vokes, managing director of Accenture's Financial Services practice in Canada. "The combination of Accenture and VERAX will help enable our clients to react even more quickly and with even more confidence, as banks face increased pressure to adjust to new digital capabilities, new regulatory requests, and increased competition."

Sid Thomas, VERAX's CEO and founder, said: "We are excited to join Accenture, whose scale, scope and reputation for excellence will benefit our clients and will provide an opportunity for our employees to escalate their careers and enhance the benefits they deliver to our clients."

Accenture Names Athina Kanioura as Chief Analytics Officer and Global Lead of Accenture Applied Intelligence

"I am delighted that Athina will become our new chief analytics officer and global lead for Accenture Applied Intelligence," said Mike Sutcliff, group chief executive, Accenture Digital.

Originally Published Accenture.

Accenture has appointed Dr. Athina Kanioura chief analytics officer and global lead of Accenture Applied Intelligence, effective immediately. Dr. Kanioura succeeds Narendra Mulani who will retire from the company.

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Accenture Completes Acquisition of Knowledgent

Expanding data management capabilities enables Accenture to help clients transform into intelligent enterprises.

REUTERS

Originally Published by Accenture.

Accenture (NYSE: ACN) has completed its acquisition of Knowledgent, a data intelligence company. The acquisition expands Accenture's data management capabilities, helping companies become digital and intelligent by gaining deep insights into their businesses and customers. Terms of the acquisition were not disclosed.

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Accenture Chairman & CEO Pierre Nanterme Steps Down for Health Reasons

David Rowland appointed Interim Chief Executive Officer; Marge Magner named Non-Executive Chair.

REUTERS

Originally Published by Accenture.

Accenture (NYSE: ACN) announced that effective immediately, Chairman and CEO Pierre Nanterme has stepped down for health reasons that were previously disclosed in July 2016. Accenture's Board of Directors appointed David Rowland, who has been Accenture's chief financial officer, to become interim chief executive officer, and to the board as a director of Accenture; and named lead independent director Marge Magner as the company's non-executive chair of the board. The company also appointed KC McClure, who currently leads Accenture's finance operations, as chief financial officer. Nanterme will continue at Accenture as advisor to the CEO.

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Accenture Opens Innovation Hub in Atlanta's Technology Square

"With our network of innovation hubs across North America, we're bringing innovation to our clients' doorsteps to help them compete and win in the digital economy."

REUTERS

Originally Published by Accenture.

Accenture today opened a new innovation hub in Atlanta as a destination where clients can co-innovate with their Accenture teams to ideate, rapidly prototype and then scale innovative products and services for the digital economy.

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Accenture: Study Finds Consumers Buy From Companies That Take A Stand on Issues They Care About and Ditch Those That Don't

'Purpose' is now a powerful force helping companies build deeper consumer connections
and improve competitiveness.

REUTERS

Originally Published by Accenture.

Nearly two-thirds of consumers globally (63 percent) prefer to buy goods and services from companies that stand for a shared purpose that reflects their personal values and beliefs, and are ditching those that don't, according to new research from Accenture.

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Accenture Names 762 New Managing Directors and Senior Managing Directors

Promotions reflect diversity of Accenture's business and geographies and include record number of women.

REUTERS

Accenture (NYSE: ACN) has named 762 people to managing director and senior managing director, including a record number of women.

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