Professional services company Accenture has acquired strategic advisor for financial institutions Parker Fitzgerald.
The deal will enhance Accenture’s business and technology capabilities in its finance and risk practice.
Patrick Fitzgerald advises financial services on financial and non-financial risk, regulation, and financial technology. The company offers strategic advice, independent assurance and solutions to navigate risks, lower operational complexity and improve risk-adjusted performance, it claims.
Through this acquisition, Accenture clients will access better risk and assurance-related services and solutions. Patrick Fitzgerald will also benefit from the acquisition, enabling it to expand its global reach to a broader client base.
Accenture’s Financial Services practice lead Tara Brady said, “Financial services companies continue to contend with the impact of economic and geopolitical uncertainties, regulatory challenges and digital transformation.
“Parker Fitzgerald has a successful track record helping clients navigate ever-increasing disruption and uncertainty, and the combination of their risk advisory and assurance expertise with Accenture’s consulting and digital capabilities will be a strong differentiator, enhancing our services to U.K. financial institutions.”
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