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Stock Market & Financial Investment News

News Breaks
May 19, 2014
09:20 EDTACNAccenture signs ten-year contract with Liberbank
Liberbank has signed a ten-year contract with Accenture to transform and optimize its core banking applications as part of the bank’s strategy to increase operational efficiency and business agility and optimize return on technology investments. The agreement will help Liberbank gain operational flexibility by optimizing its technology costs, implementing a more efficient delivery model based on service-level standards, and ensuring access to innovation and upgrades based on new market trends. The two companies have created a joint venture to deliver the services, which include development and maintenance of existing and new core banking applications that support Liberbank’s entire banking operations, from deposits to client account, credit and bank guarantee processing operations, as well as its customer relationship management and information management systems. As part of the agreement, employees from Liberbank and Accenture will transfer to the new company.
News For ACN From The Last 14 Days
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October 8, 2014
07:13 EDTACNAccenture disclosures should lessen cannibalization fears, says RBC Capital
After attending Accenture's Analyst Day, RBC Capital believes the company's discussion about the size of its legacy ERP business and digital and cloud practices should cause investors' concerns about cannibalization to slowly decline. The firm keeps an $87 price target and Outperform rating on Accenture.
October 7, 2014
16:02 EDTACNAccenture awarded $16.3M contract
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