Accenture retains Axis to develop technology for financial services

Accenture has bought Spanish business and technology consultancy Axis Corporation, specializing in financial services. The move, undisclosed details, will expand Accenture Finance's portfolio of products and services, allowing companies to have more tools to easily transform their business models. Development of new products and improvement of productivity and efficiency of operations.

Axis Corporate was born in 2005 and has its headquarters in Barcelona, ​​as well as offices in Madrid and Boston (USA). Its clients have long included most of Spain's major financial services companies in the retail and commercial banking, consumer finance and payments sectors. Offers various types of consulting services. Among them, transformation of costs and operating models, talent and culture, financial performance and sustainability. Therefore, the company has solid experience in transforming the entire value chain of companies dedicated to financial services.

It also offers a variety of risk management capabilities, with a special focus on asset management and recoveries. Its staff currently consists of 110 people, who will become part of Accenture Spain's strategy and consulting division when the acquisition closes.

Mercedes Oblanca, Head of Accenture Spain and PortugalThis action highlighted “Our financial services position us even better to help clients take business to new frontiers of efficiency. “We are pleased to welcome a talented team of professionals to Axis Corporate, who have extensive experience in reinventing processes and operating models to help organizations increase their competitiveness.”

By Axis Corporate, Casimiro Gracia, is its Executive ChairmanThe company pointed out that «A trusted partner to leading companies in the financial services and other industrial sectors in Spain, for almost 20 years we have been helping them accelerate growth and increase the efficiency of their operations both domestically and globally. The integration with Accenture will allow our professionals to expand their knowledge and participate in new large-scale transformation projects, including banking and risk functions, for clients around the world.

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