June 01, 2022
Accenture Is of the same opinion to Achieve ARZ in Austria to Make bigger Banking Platform-as-a-Carrier Features Throughout Europe
VIENNA and INNSBRUCK, AUSTRIA; June 1, 2022 – Accenture (NYSE: ACN) has agreed to procure Allgemeines Rechenzentrum GmbH (ARZ), a era provider supplier centered at the banking sector in Austria.
The purchase will increase Accenture’s cloud-based banking platform-as-a-service choices, starting from core banking services and products to on-line banking in addition to regulatory services and products for banking shoppers throughout Europe.
ARZ is majority-owned by way of Volksbanken Crew and Hypobanken Crew in addition to different personal banks. With places in Vienna and Innsbruck, ARZ operates a era competence middle for innovation and era services and products within the banking sector in Austria.
ARZ’s roughly 600 workers will sign up for Accenture and can proceed to paintings of their current places in Vienna and Innsbruck.
“Our imaginative and prescient is to broaden an leading edge cloud-based banking platform-as-a-service providing for brand spanking new and current shoppers throughout Europe,” mentioned Roland Smertnig, senior managing director in Accenture’s monetary services and products observe in Europe. “Through obtaining ARZ, we’re increasing our virtual transformation functions to assist banks of the long run as they appear to transport extra in their core purposes to the cloud, permit new trade fashions, and reinvent the services and products and stories they supply to consumers.”
Michael Zettel, Accenture’s nation managing director in Austria added, “With this acquisition, we’re increasing our group in Austria and can broaden a complete middle of excellence on the Innsbruck location to serve our shoppers in Austria and throughout Europe. The ARZ group has the revel in and skill to assist us develop and meet our banking shoppers’ wishes now and, sooner or later, and we sit up for welcoming them to Accenture.”
Gerald Fleischmann, CEO of Volksbank Wien mentioned, “The transfer to Accenture is a strategically good construction. Volksbanken and their consumers will take pleasure in the mixed experience, the leading edge services and products and collaboration between ARZ and Accenture.”
Johannes Haid, a board member of Hypo Tirol added, “Becoming a member of forces with Accenture will open up thrilling era coaching and occupation alternatives for our workers in Innsbruck and Vienna.”
ARZ is the most recent acquisition Accenture has made within the banking trade. Closing yr Accenture obtained Exton Consulting, a French consulting company offering banking technique strengthen to monetary services and products shoppers throughout Europe. Accenture additionally made a strategic funding, thru Accenture Ventures, in Imburse, a cloud-based, payments-as-a-service endeavor platform that simplifies the way in which companies world wide get admission to the worldwide funds ecosystem.
Phrases of the transaction weren’t disclosed. Of entirety of the purchase is matter to normal last prerequisites.
About Accenture
Accenture is an international skilled services and products corporate with main functions in virtual, cloud and safety. Combining unequalled revel in and specialised abilities throughout greater than 40 industries, we provide Technique and Consulting, Era and Operations services and products and Accenture Tune — all powered by way of the sector’s greatest community of Complicated Era and Clever Operations facilities. Our 699,000 other people ship at the promise of era and human ingenuity each day, serving shoppers in additional than 120 nations. We include the ability of alternate to create price and shared good fortune for our shoppers, other people, shareholders, companions and communities. Talk over with us at accenture.com.
Accenture’s Banking trade staff is helping retail and business banks and funds suppliers spice up innovation; deal with trade, era and regulatory demanding situations; and enhance operational efficiency to construct accept as true with and engagement with consumers and develop extra profitably and securely. To be informed extra, seek advice from https://www.accenture.com/us-en/industries/banking-index.
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