Accenture Opens New ‘Innovation Center for Financial Services’ in Beijing

  Accenture Opens New ‘Innovation Center for Financial Services’ in Beijing

Center Showcases ‘Next Generation Bank’ for Greater China and the Asia-Pacific
                                    Region

Business Wire

BEIJING -- November 28, 2012

Accenture has opened an Innovation Center for Financial Services in Beijing
that showcases world-leading business and technology innovations designed to
support strategic growth and transformation for large banks, capital markets
firms and insurers in China and the Asia-Pacific region.

The center, which is part of Accenture’s newly launched Beijing Technology
Lab, offers a new venue for financial industry executives to access some of
Accenture’s best thinking on innovations that help increase market share,
reduce costs and create new competitive advantage within Asia’s rapidly
growing financial services industry.

"Technology innovation is vital to the future of financial services across
Asia,” said Sushil Saluja, senior managing director of Accenture’s Financial
Services group in Asia Pacific. “Our new Innovation Center for Financial
Services demonstrates Accenture’s commitment to bringing the world’s best
technologies and all of our capabilities to bear for our clients in the region
to help them drive rapid growth and transformation.”

The Next Generation Bank

The centerpiece of the Innovation Center is the “Next Generation Bank” – a
suite of retail banking technology innovations ranging from mobile, analytic
and social media to new branch designs, payments innovations and biometric
solutions.

“This new center gives our clients a chance to experience the outcomes that
world-class financial technology innovations can bring in a hands-on way,”
said Gong Li, chairman of Accenture Greater China. “With our unique vision for
combining business and technology, the center will provide our clients
exposure to truly game-changing innovations from around the world that can
help them achieve sustainable growth.”

“As China’s major banks shift focus from commercial banking to the burgeoning
opportunities in consumer retail banking, they will need proven technologies
to compete and win in these markets,” said Albert Chan, head of Accenture’s
banking practice in Greater China. “What our Next Generation Bank shows is how
new financial technology innovations can create a compelling customer
experience with incredible scalability and efficiencies.”

The new center in Beijing is the latest addition to Accenture’s global network
of Innovation Centers for Financial Services, which includes locations in
Chicago; Sophia-Antipolis, France; and Bangalore, India.

About Accenture

Accenture is a global management consulting, technology services and
outsourcing company, with 257,000 people serving clients in more than 120
countries. Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The company generated
net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its
home page is www.accenture.com.

Contact:

Accenture
Yuelong Fan, + 86 105 870 5450
yuelong.fan@accenture.com
or
Accenture
Sean Conway, + 917 592 5744
sean.k.conway@accenture.com
 
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