Accenture has acquired a digital twin technology platform for banks developed by Percipient.
Percipient's platform serves as a digital twin of banks' legacy and modern systems, simplifying data application and enabling faster development of new products and services without overhauling existing systems.
The acquisition enhances Accenture's banking modernization capabilities, helping financial services clients in Asia Pacific accelerate core system reinvention, foster innovation, and drive growth.
The integration of Percipient's digital twin solution complements Accenture's capabilities to help banks decouple from legacy systems, embrace cloud and AI-led banking services, and achieve higher revenue growth rates and increased profits.