Accenture Banking Feed

The G20 Summit and Beyond

Fri, 01 May 2009 11:47:29 GMT

To position for growth and high performance, financial institutions must anticipate regulatory reforms and devise their own strategies for success in the emerging environment.

Can a New Business Model Save Investment Banking?

Wed, 01 Jul 2009 06:25:56 GMT

Transparency, liquidity and increased oversight will be prominent features of the new capital markets landscape. The key to growth in this industry: customer-focused financial-product innovation that helps clients identify and manage risk.

Harmonizing Payments–Insights to Progress on the European Banking Payments Services Directive

Thu, 15 Oct 2009 05:27:00 GMT

Download the PDF: Harmonizing Payments–Insights to Progress on the European Banking Payments Services Directive [PDF, 16 pp., 564 KB] PDF Help

Banks Go to Their Websites to Grow in Today’s Economy

Wed, 08 Jul 2009 05:55:00 GMT

In this column for American Banker, Terry Moore, managing director–North American Banking Industry, Accenture, argues that banks must turn to the often-overlooked digital channel for growth in today’s difficult economic climate.

Navigating the New Wave of Banking Loan Modifications

Wed, 08 Jul 2009 10:49:00 GMT

Drastic economic conditions are forcing banks to renegotiate loan repayments with hard-hit customers. In this situation, banking institutions must be able to identify troubled borrowers and redefine their loans in such a way as to prevent serial defaulting and ultimate foreclosure.

Leading UK Financial Services Group: Risk Management

Fri, 22 May 2009 08:55:00 GMT

The client is a leading UK-based financial services group providing a wide range of banking and financial services to personal and corporate customers. Its activities are organized into three businesses: UK retail banking, insurance and investments, and wholesale and international banking. The group is quoted on the London Stock Exchange and is one of the largest companies on the FTSE 100.

Accenture/Economist Intelligence Unit Global IT Outsourcing Survey

Thu, 06 Sep 2007 15:43:00 GMT

IT outsourcing among financial services providers has been successful and is likely to be expanded, an Accenture-funded survey has shown. Quality is coming to overshadow price as Financial Services institutions evaluate their IT offshoring practices in striving for high performance.

The European Payments Revolution: An Accenture European Survey 2006

Tue, 27 Feb 2007 20:38:54 GMT

The Single Euro Payments Area (SEPA) 2010 regulation will change the payments landscape in Europe. Accenture conducted a research study to gauge the opinions of financial institutions on SEPA and its impacts.

European Banking: How Leading Acquirers Are Riding the M&A Growth Wave

Fri, 08 Jun 2007 13:42:56 GMT

With average merger and acquisitions (M&A) deal sizes on the rise, European banks are catching a new growth wave. However, a recent report from Accenture and the Economist Intelligence Unit indicates that most senior banking executives question their ability to achieve satisfactory cost and revenue synergies through a merger or acquisition. To reach these goals—and consequently increase shareholder return—banks must upgrade their M&A capabilities. But what are those capabilities and how do companies strengthen them? In this Strategy Point of View, Accenture looks at some of the ways "leading acquirers" in European banking achieve high performance in M&A—in other words, how they make M&A an effective tool for consistently outpacing their competitors and achieving a higher total return for their shareholders.

In the Downturn, Banks Must Think Strategically About IT

Thu, 05 Feb 2009 10:10:00 GMT

In this article, Daniel Benton, managing director–Systems Integration and Technology Solutions, Financial Services (Europe, Africa and Latin America) for Accenture, argues forcefully that banks must adopt a strategic approach to IT cost reduction in the current economic crisis. With revenues under pressure, banking senior executives are pressuring their CIOs to do more—with less. The danger, says Benton, is that reactive cost-cutting has a profound effect on banks’ long-term efforts to achieve high performance across economic cycles. The reason for this is that while IT represents a significant cost, it is also a significant enabler of both cost reduction across the business as a whole, and of business processes generally.

ABN AMRO: Digital Optimization

Wed, 02 Sep 2009 06:05:00 GMT

ABN AMRO Bank NV (Netherlands) is a multinational universal bank with offices in 56 countries. The bank offers a combination of consumer, commercial and investment banking services and pursues an aggressive e-commerce strategy.

Leading Global Investment Bank: Industrialized Payments

Fri, 22 May 2009 07:32:00 GMT

This leading global investment bank needed to transform its payments operations around the world. The bank has placed payments processing in a shared-service center. Accenture helped introduce a new operating model balances workload across various locations to optimize resources, thereby reducing costs and producing a 25 percent productivity improvement.

Large Regional Bank: Mortgage Credit Services

Wed, 13 May 2009 07:33:00 GMT

This privately held bank has a history of more than 30 years of successful banking and mortgage ventures in a half dozen states across the US Southwest and Midwest. Since some major acquisitions in the late nineties, the bank’s growth has been remarkable, topping assets of approximately US$3.5 billion.

Leading European Retail Bank

Fri, 22 May 2009 06:55:00 GMT

This leading European retail bank wanted to reengineer its sales and marketing capabilities. The bank called on Accenture to develop a master transformation plan for implementing a new sales and marketing model. As a result, the bank has dramatically improved the effectiveness of its sales force.

North America-based Global Investment Bank: Risk Management

Tue, 26 May 2009 06:53:00 GMT

The client is leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a client base that includes corporations, financial institutions, governments and high net-worth individuals.

Major North American Bank: Risk Management

Fri, 22 May 2009 08:13:00 GMT

The client is one of the top 10 banks in North America with assets in excess of $175 billion and a leading provider of deposit, credit, trust, and investment services. It is committed to a rigorous and disciplined approach to managing risk.

Leading US Bank: Credit Services

Wed, 13 May 2009 09:13:00 GMT

This leading US bank is focused on maintaining its leading customer satisfaction ratings and driving revenue growth and efficiencies. The bank has 15 million customers (households and businesses), 3,400 financial centers in 21 states, 750 retail brokerage offices in 49 states and 10,600 registered representatives.

Shinhan Bank: IT Transformation/IT Governance

Wed, 13 May 2009 08:11:00 GMT

Since its founding 25 years ago, Shinhan Bank has grown to become the second largest bank in Korea. As one of the healthiest and most stable banks in the country, it has been recognized for its high rate of productivity, its attention to customer service and its leading position in Internet banking. A subsidiary of Shinhan Financial Group, the bank has 15,000 employees, 970 branches and assets totaling US$278 billion (or approximately KRW 259 trillion).

Cost Reduction and Banking Efficiency Services

Wed, 13 May 2009 04:36:00 GMT

Today’s difficult economic climate creates a dilemma for banks. They must reduce costs and improve efficiency urgently—but without compromising their ability to grow revenues when the economic outlook improves.

Major US Bank: Banking Merger and Integration

Fri, 03 Apr 2009 08:19:00 GMT

Over the course of a decade, a major US bank completed a series of complex acquisitions, creating one of the broadest franchises in the United States, and becoming a dominant leader in all its key geographies. Recognizing Accenture’s proven expertise in global financial services merger integration and banking operations, the bank selected Accenture to help execute its ambition to become a high-performance business.

Major North American Financial Institution: Post-Merger Integration

Fri, 03 Apr 2009 07:01:00 GMT

The client, one of the largest US brokerage firms, announced that it would merge with one of the largest non-bank-affiliated national brokerage firms, resulting in a top-five US brokerage firm overall and one of the largest wealth management firms in the United States. The combined entity supports over 10,000 financial advisors. It offers full-service, in-bank, independent financial advisory services, discount/online brokerage services, as well as corresponding clearing services to other wealth management firms.

Asian Banking Group: Banking Merger and Integration

Fri, 03 Apr 2009 07:51:00 GMT

An Asian banking group embarked on an ambitious transformation program that resulted in one of the fastest merger integrations in the world. The Asian banking group selected Accenture to manage and govern all integration phases, including planning, execution and phased rollout.

Positive Working Environments: Employee Satisfaction Is So Vital to Customer Delight

Mon, 29 Oct 2007 15:00:41 GMT

[PDF: 125KB] PDF Help

Managing Transformation: Breaking the Mold to Create a Banking Business Success

Tue, 21 Aug 2007 12:30:12 GMT

Download the full interview [PDF: 110KB] PDF Help

Global Financial Services Company: Risk Management

Wed, 27 May 2009 08:59:00 GMT

A global financial services company based in Europe called on Accenture for help to meet its goal of increasing transparency by implementing a consistent and consolidated enterprise risk management (ERM) framework by year end.

Ron Shimoda

Fri, 11 May 2007 18:02:45 GMT