Accenture (NYSE: ACN) has been named a Leader in open finance IT services in a report by industry analyst firm
In the report, titled 'Open Finance IT Services 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.
Accenture named Top Leader in
Open finance extends the scope of open banking beyond payments services and uses additional datasets, such as credit, mortgages, wealth management, insurance and investments, to create new financial services offerings. With customers' consent, their financial data can be accessed by trusted third parties to provide more tailored services and products. Embedded finance, buy now, pay later, and super-apps are all recent examples of customer-centric solutions that stemmed from the concept of open finance.
According to
'Accenture has bolstered its open finance capabilities through a mix of acquisitions, talent investments, and development of accelerators,' said
The report analyzed 26 service providers on several capability-related dimensions and is based on
More information on the assessment can be found here.
About Accenture
Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360-degree value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360-degree value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.
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