Accenture ranked #1 service provider to the capital markets industry by HFS
Accenture is recognized for technological innovation and end-to-end capabilities across all capital markets sub-sectors
NEW YORK; September 20, 2022 – Accenture (NYSE: ACN) has been ranked as the world’s leading service provider to the capital markets industry in a recent report by industry analyst firm HFS Research.
The HFS Top 10: Capital Markets Services, 2022 report ranks and ranks 11 leading service providers across a variety of criteria. Accenture achieved not only #1 overall position, but also #1 in technology innovation and in alignment with the HFS OneOffice™ vision of digital transformation in action.
In giving Accenture the top rating, HFS highlighted a number of factors, including:
- A leader in end-to-end multi-tower deals, “with proven strength across all capital markets sub-sectors,” including asset and wealth management, investment banking, and market infrastructure;
- Significant internal investments in digital and R&D over the past decade, which HFS says helps Accenture “drive innovation across all capital markets businesses”; and be
- Continued investment in the Applied Technology and Operations for Markets (ATOM) operational solution, which offers a wide range of functions, such as management.
“Accenture’s #1 ranking reflects our commitment to helping capital markets firms transform their technology and operations to improve organizational agility, optimize costs and reshape customer relationships,” said Matt Long, senior managing director at Accenture, who leads the industry practice for capital markets. “Our focus on innovation, on cloud, artificial intelligence and machine learning technologies, and on continued investment – including in the wealth and wealth management sectors – positions us as the ideal partner for the entire corporate reinvention effort.”
Elena Christopher, Executive Research Leader for Financial Services at HFS Research, said: “Accenture secured the top spot by showcasing its end-to-end capabilities across its service lines globally and with depth across the various sub-sectors of the capital markets. Its ongoing investments in its capital markets business in technology, talent, and new or enhanced offerings help its clients meet critical modernization needs.”
Tom Syrett, a Managing Director who leads Accenture Capital Markets’ Platforms business, said, “We remain focused on helping capital markets players create flexible and efficient operating models, using Accenture’s SynOps platform to deliver AI-powered insights and new… Ways of working across our organization enable vast network of ecosystem partners and platform providers.”
Among the many data sources that HFS considered for the report were detailed quantitative and qualitative information provided by service providers on their operations and strategies; customer testimonials; vendor reviews from companies using native automation services; and publicly available information about and/or published by the Service Providers.
About Accenture
Accenture is a global professional services company with leading digital, cloud and security capabilities. Combining unmatched experience and specialized skills across more than 40 industries, we provide strategy and consulting, technology and operations services, and Accenture Song—all supported by the world’s largest network of advanced technology and intelligent operations centers. Delivering on the promise of technology and human ingenuity every day, our 710,000 employees serve customers in more than 120 countries. We harness the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.
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