Accenture Acquires Digital Twin Platform for Banking Modernization
Hey Digital Banking Fanatic!
Accenture has acquired Percipient's digital twin technology platform, enhancing its banking system modernization capabilities across Asia-Pacific. The platform creates virtual replicas of banks' legacy and modern systems, consolidating data into a single real-time hub for streamlined operations.
Research from Accenture shows banks adopting modern digital cores could achieve up to 60% higher revenue growth and 40% increased profitability. The platform helps financial institutions simplify data integration, develop new products faster, and transition to cloud-enabled services without operational disruptions.
The acquisition aims to accelerate banks' digital transformation journey, enabling faster product launches and enhanced customer engagement through cloud computing and artificial intelligence.
Enjoy a long list of Digital Banking industry news updates below, and I'll be back in your inbox with more tomorrow!
Cheers,
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Follow me for emerging tech, leadership and growth topics | World Champion turned Cyberpreneur | Co-Founder & CEO, TRUSTBYTES
1 个月Great roundup of the latest developments in digital banking! Marcel van Oost
Komplexe Daten. Einfach verstehen. Intelligent handeln.
1 个月Speaking of digital twins in banking - interesting to see Accenture's move in this space! At eviit, we've been pioneering our BankingTwin solution, helping German banks create digital replicas of their operations. While digital twins are gaining mainstream attention now, the real value lies in how you implement them. Our experience shows they're most powerful when combining process simulation with AI-driven analytics - not just for modernization, but for genuine business transformation. #DigitalTwin #Banking #Innovation #DigitalTransformation
?? ?? Innovative Payments Leader | ?? TEDx Speaker | Women Empowerment Activist | Exploring Spirituality | Finding Purpose in Life| Empowering People ??
1 个月Marcel van Oost, the digital banking landscape continues to evolve with strategic acquisitions and global expansions. These developments signal promising opportunities for financial innovation and market growth. ?? #FinTech
Director of Finance | Driving Financial Growth with Expert Analysis | White label Payment Systems | Tech Builder | Cross Border Payments | Prepaid Cards |
1 个月Excellent compilation of digital banking updates. Have you noticed how rapidly the fintech landscape is evolving? ?? #DigitalTransformation
Founder and CTO at Easexpense LLC | Revolutionising SAAS Life of Businesses
1 个月Accenture stepping up their game with digital twins, huh? That’s some serious tech move. What do you think about banks jumping on the AI bandwagon?