Accenture Announces Intent to Receive Optimind, a Consulting Firm Specializing in Financial Companies, Insurance and Compliance Threat Administration

Accenture Announces Intent to Get Optimind, a Consulting Company Specializing in Economic Expert services, Coverage and Compliance Threat Management
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Acquisition would improve Accenture’s capabilities in offering purchasers with quantitative and qualitative chance administration and compliance solutions

 
PARIS March 17, 2023 – Accenture (NYSE: ACN) has declared its intent to acquire Optimind, a Paris-primarily based unbiased consulting firm that presents advisory providers and options to support insurance plan companies, banking institutions and massive company clientele to meet significant issues of competitiveness, transformation and regulation. Money phrases of the transaction are not currently being disclosed.

Founded in 2000, Optimind has a lot more than 350 remarkably experienced professionals, including additional than 110 actuaries, serving consumers in France and Luxembourg.&#13

 
Optimind, recipient of the 2022 EcoVadis Gold Medal for its corporate social accountability policy, has created around the previous two decades strong support offerings that cover the comprehensive spectrum of the chance management benefit chain: from approach to finance, from quantitative modeling to compliance, from mapping to continuity ideas.  
 
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Olivier Girard, sector unit lead for Accenture France & Benelux, mentioned “The acquisition would enhance Accenture’s existing finance and threat administration abilities and even more bolster our ability to assistance clients correctly navigate disruption and push enterprise value. We would be ready to tackle the whole worth chain and help our consumers speed up and scale their money and compliance transformation initiatives. “
 
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Khalid Lahraoui, Economic Expert services Guide for Accenture France & Benelux, said: “The acquisition of Optimind would enrich our ability to assist shoppers embrace adjust, speed up transformation, unlock price, and develop new and disruptive danger types. This acquisition would increase Accenture’s standing as 1 of the leading Technique & Consulting business for Monetary Services clients, getting our progressive finish-to-end solutions to new stages of velocity and scale throughout Europe.”
  
Christophe Eberle, CEO and founder of Optimind, added, “Our persons will deliver expertise in qualitative, quantitative and administrative hazard administration services and remedies. Joining Accenture would let us to develop our worldwide footprint and build new small business chances for our corporation and our men and women. Together, we could assistance our clients on a broader foundation at a time when small business, economical and regulatory changes are about to adjust the historical balance and indicate our customers want our help more than at any time.”
 
The acquisition demands prior consultation with the suitable performs councils and regulatory approval and would be subject to customary closing problems.
 
About Accenture 
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Accenture is a top world professional products and services business that can help the world’s foremost businesses, governments and other businesses construct their electronic core, enhance their operations, accelerate income progress and enhance citizen services—creating tangible price at pace and scale. We are a expertise and innovation led enterprise with 738,000 folks serving customers in much more than 120 nations around the world. Technologies is at the core of alter right now, and we are a single of the world’s leaders in supporting generate that modify, with sturdy ecosystem relationships. We mix our energy in know-how with unmatched field working experience, functional experience and global delivery capacity. We are uniquely ready to produce tangible results simply because of our broad array of providers, methods and property across Tactic & Consulting, Technological innovation, Functions, Market X and Accenture Tune. These abilities, together with our lifestyle of shared achievements and determination to developing 360° benefit, enable us to assist our consumers realize success and create reliable, lasting associations. We measure our achievements by the 360° worth we make for our shoppers, every other, our shareholders, associates and communities. Take a look at us at www.accenture.com.
 
Ahead-Seeking Statements
Other than for the historic information and facts and conversations contained herein, statements in this information launch may well constitute forward-hunting statements inside of the this means of the Private Securities Litigation Reform Act of 1995. Terms these kinds of as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and comparable expressions are utilised to determine these ahead-looking statements. These statements are not guarantees of long run efficiency nor guarantees that objectives or targets will be satisfied, and involve a variety of threats, uncertainties and other aspects that are difficult to forecast and could trigger true success to vary materially from individuals expressed or implied. These risks incorporate, without the need of limitation, pitfalls that: Accenture and Optimind will not be in a position to close the transaction in the time interval expected, or at all, which is dependent on the parties’ capacity to fulfill certain closing ailments the transaction may not accomplish the predicted benefits for Accenture Accenture’s outcomes of operations have been, and could in the long term be, adversely afflicted by unstable, damaging or unsure economic and political ailments and the effects of these conditions on the company’s clients’ firms and levels of business enterprise exercise Accenture’s business enterprise relies upon on creating and sustaining customer need for the company’s services and options such as as a result of the adaptation and enlargement of its expert services and remedies in response to ongoing alterations in engineering and offerings, and a substantial reduction in this sort of demand or an lack of ability to respond to the evolving technological ecosystem could materially have an effect on the company’s final results of functions if Accenture is not able to match people and their techniques with shopper need all over the planet and appeal to and retain specialists with solid leadership skills, the company’s organization, the utilization price of the company’s pros and the company’s success of operations might be materially adversely impacted Accenture faces authorized, reputational and economic pitfalls from any failure to defend shopper and/or organization knowledge from stability incidents or cyberattacks the marketplaces in which Accenture operates are hugely aggressive, and Accenture may possibly not be ready to contend successfully Accenture’s potential to entice and keep small business and workers might count on its popularity in the marketplace Accenture’s environmental, social and governance (ESG) commitments and disclosures may possibly expose it to reputational dangers and legal liability if Accenture does not productively take care of and create its interactions with essential ecosystem partners or fails to anticipate and set up new alliances in new technologies, the company’s benefits of functions could be adversely affected Accenture’s profitability could materially undergo if the company is unable to get favorable pricing for its companies and alternatives, if the enterprise is unable to continue to be aggressive, if its price tag-administration approaches are unsuccessful or if it experiences shipping and delivery inefficiencies or are unsuccessful to satisfy specified agreed-on targets or specific provider concentrations changes in Accenture’s level of taxes, as effectively as audits, investigations and tax proceedings, or adjustments in tax regulations or in their interpretation or enforcement, could have a content adverse result on the company’s productive tax level, results of functions, funds flows and financial issue Accenture’s benefits of operations could be materially adversely affected by fluctuations in foreign forex trade charges modifications to accounting specifications or in the estimates and assumptions Accenture makes in link with the planning of its consolidated economical statements could adversely have an effect on its economical success as a end result of Accenture’s geographically diverse functions and tactic to proceed to improve in crucial markets all over the planet, the firm is extra vulnerable to sure pitfalls if Accenture is not able to take care of the organizational issues connected with its dimensions, the corporation may be not able to realize its enterprise objectives Accenture could possibly not be profitable at getting, investing in or integrating corporations, getting into into joint ventures or divesting firms Accenture’s company could be materially adversely afflicted if the corporation incurs authorized liability Accenture’s world functions expose the corporation to a lot of and occasionally conflicting lawful and regulatory necessities Accenture’s function with government clientele exposes the company to added challenges inherent in the federal government contracting surroundings if Accenture is unable to protect or enforce its intellectual home legal rights or if Accenture’s companies or options infringe on the intellectual house legal rights of many others or the business loses its potential to employ the mental home of other individuals, its enterprise could be adversely impacted Accenture could be issue to criticism and damaging publicity linked to its incorporation in Ireland as perfectly as the challenges, uncertainties and other things discussed under the “Risk Factors” heading in Accenture plc’s most new Yearly Report on Sort 10-K and other files filed with or furnished to the Securities and Exchange Commission. Statements in this information launch speak only as of the day they have been designed, and Accenture undertakes no responsibility to update any forward-seeking statements produced in this information release or to conform this sort of statements to real effects or adjustments in Accenture’s anticipations.
 

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Make contact with:

Velislava Le Fevre
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Accenture France
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+33 1 53 23 46 18
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[email protected] 

 

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