Accenture (NYSE: ACN) has been recognized as a Leader for Finastra IT services in a new report by industry analyst firm Everest Group.
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Accenture positioned as a leader for Finastra IT Services by Everest Group. (Photo: Business Wire)
In the report, titled “Finastra IT Services PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market Impact and Vision & Capability. Everest Group cited Accenture’s broad Finastra services portfolio, strong global delivery capabilities, and its unique as-a-service solutions and accelerators in payments, lending, treasury and risk as strengths.
According to the report, as traditional banks adopt platform-centric operating models, Finastra has emerged as one of the largest banking and financial services core technology platforms, with products across payments, treasury, risk and compliance, open banking, lending and capital markets.
“With its major wins and multiple renewals in the last 12-18 months, Accenture enjoys one of the largest market shares for Finastra-specific system integration services,” said Pranati Dave, a practice director at Everest Group. “Accenture’s domain expertise, as-a-service offerings for multiple lines of business, innovative IPs leveraging emerging technologies, and client appreciation for its capabilities as a strategic partner make them a Leader in Everest Group’s Finastra IT Services PEAK Matrix® Assessment 2022.”
David Parker, a senior managing director at Accenture and executive sponsor of Accenture’s partnership with Finastra, said: “Our strong partnership with Finastra and track record of continuous innovation has helped banks and other financial services firms transform their customer experience. We remain focused on supporting Finastra’s value proposition for clients through our dedicated innovation and service delivery centers, as well as the development of disruptive use cases on FusionFabric.cloud, Finastra’s open banking platform and application marketplace.”
Everest Group’s Finastra IT Services PEAK Matrix® Assessment 2022 analyzed 15 service providers on several capability-related dimensions. The study is based on RFI responses from service providers, client reference checks. and an ongoing analysis of the IT platforms banking and financial services market.
More information on Accenture’s Finastra capabilities can be found here.
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Accenture’s Banking industry group helps retail and commercial banks and payments providers boost innovation; address business, technology and regulatory challenges; and improve operational performance to build trust and engagement with customers and grow more profitably and securely. To learn more, visit www.accenture.com/BankingCapabilities.
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