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Global Fintech Series

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Accenture Acquires Digital Twin Technology for Banks to Enhance Core Modernization Capabilities

  • 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.

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