Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.
Founded in 2014, with offices in London and Edinburgh, Mudano uses advanced analytics, applied data science and data technologies to help some of the UK's largest banks, insurers and wealth management firms in areas such as customer behavior analytics, financial crime-prevention and intelligent data management.
The firm's team will join Accenture Applied Intelligence, which employs more than 20,000 staffers around the world to help clients scale AI.
George Marcotte, lead, Applied Intelligence group, UK and Ireland, says: “Mudano’s focus on helping clients build a ‘data culture’ aligns perfectly to Accenture’s Applied Intelligence strategy. By creating a strong data foundation - supported by the right skills, stakeholders and technologies - our clients can transform at speed and scale and fuel real change for their business.”