An over-reliance on computer systems and high-frequency trading were the biggest contributors to the 6 May flash crash that saw a dizzying plunge in the Dow Jones Industrial Average, according to a poll of retail financial advisors.
Around 60% of financial services firms in the US, UK and Ireland say they are fully committed to, and are already using, open source software, according to a survey from Accenture.
Demand for direct retail banking services has risen since the financial crisis, posing a major technological challenge for financial services providers desperate to attract and keep increasingly disloyal customers, according to research from Accenture.
Accenture (NYSE: ACN) has signed a seven-year agreement with Aviva's property claims repair service, Asprea, to provide application and infrastructure outsourcing services for its buildings claims division in the UK. Financial terms were not disclosed.
The credit crisis and subsequent recession has lead to half of financial services firms increasing their use of complex data analysis, according to research from Accenture.
Welcome Real-time, the global leader in innovative loyalty solutions, today announced a partnership with global management consultancy firm, Accenture, in France. The announcement is being made at Welcome Real-time's customer summit in Megève, France.
SICREDI, one of Brazil's leading credit unions, has engaged Accenture (NYSE: ACN) to provide information technology (IT) support and systems development services under a strategic outsourcing contract.
The UK's Payments Council has teamed with consultancy Accenture to launch a modelling tool designed to help banks and businesses select authentication technologies for securing online customer interaction.
Between December 2009 and January 2010 Accenture conducted a survey of over 3,500 consumers from UK, France, Germany, Spain, Italy, Brazil to understand consumers' insurance purchasing habits and preferences. More than 1,000 consumers were interviewed in the UK.
Accenture (NYSE: ACN) and Hanhwa S&C have signed an eight-year collaboration agreement to jointly market information technology (IT) solutions and services to insurers, securities firms and banks in South Korea.
© Finextra Research 2013