Accenture Announces Intent to Acquire Optimind, a Consulting Firm Specializing in Financial Services, Insurance and Compliance Risk Management

Accenture Announces Intent to Acquire Optimind, a Consulting Firm Specializing in Financial Services, Insurance and Compliance Risk Management

Accenture Announces Intent to Purchase Optimind, a Consulting Agency Specializing in Fiscal Expert services, Insurance policy and Compliance Risk Administration
&#13
 
&#13
Acquisition would strengthen Accenture’s capabilities in delivering clientele with quantitative and qualitative chance management and compliance services

 
PARIS March 17, 2023 – Accenture (NYSE: ACN) has announced its intent to purchase Optimind, a Paris-dependent impartial consulting firm that offers advisory solutions and options to support insurance policy firms, banking companies and large corporate customers to satisfy key problems of competitiveness, transformation and regulation. Economic phrases of the transaction are not being disclosed.

Started in 2000, Optimind has more than 350 extremely experienced specialists, which include much more than 110 actuaries, serving purchasers in France and Luxembourg.&#13

 
Optimind, receiver of the 2022 EcoVadis Gold Medal for its corporate social responsibility coverage, has developed above the past two decades strong services offerings that cover the comprehensive spectrum of the danger management worth chain: from method to finance, from quantitative modeling to compliance, from mapping to continuity ideas.  
 
&#13
Olivier Girard, market unit direct for Accenture France & Benelux, stated “The acquisition would enhance Accenture’s present finance and risk administration capabilities and additional bolster our capability to support clientele successfully navigate disruption and push organization worth. We would be in a position to handle the full benefit chain and aid our purchasers accelerate and scale their economic and compliance transformation tasks. “
 
&#13
Khalid Lahraoui, Economical Expert services Direct for Accenture France & Benelux, reported: “The acquisition of Optimind would greatly enhance our capacity to assist clients embrace adjust, accelerate transformation, unlock benefit, and make new and disruptive danger products. This acquisition would improve Accenture’s standing as a single of the leading Method & Consulting agency for Economic Providers clients, taking our innovative conclude-to-finish alternatives to new amounts of velocity and scale throughout Europe.”
  
Christophe Eberle, CEO and founder of Optimind, additional, “Our persons will give experience in qualitative, quantitative and administrative possibility administration services and options. Signing up for Accenture would allow for us to develop our world wide footprint and develop new company possibilities for our firm and our folks. Alongside one another, we could assist our clientele on a broader foundation at a time when organization, money and regulatory modifications are about to improve the historical equilibrium and imply our clientele will need our help additional than ever.”
 
The acquisition needs prior consultation with the related functions councils and regulatory acceptance and would be topic to customary closing ailments.
 
About Accenture 
&#13
Accenture is a primary world qualified services business that assists the world’s major organizations, governments and other companies construct their digital core, optimize their operations, accelerate income growth and boost citizen services—creating tangible value at pace and scale. We are a talent and innovation led firm with 738,000 people today serving clientele in a lot more than 120 nations around the world. Know-how is at the core of adjust now, and we are a person of the world’s leaders in aiding push that modify, with potent ecosystem relationships. We combine our energy in engineering with unmatched field working experience, practical skills and global shipping and delivery capacity. We are uniquely capable to provide tangible results for the reason that of our broad selection of providers, methods and property across Tactic & Consulting, Technological innovation, Functions, Field X and Accenture Track. These abilities, with each other with our society of shared success and motivation to making 360° price, allow us to assistance our customers thrive and build dependable, lasting associations. We evaluate our results by the 360° value we develop for our customers, just about every other, our shareholders, partners and communities. Go to us at www.accenture.com.
 
Forward-On the lookout Statements
Besides for the historical data and discussions contained herein, statements in this information launch might constitute ahead-hunting statements within just the indicating of the Personal Securities Litigation Reform Act of 1995. Words and phrases this sort of as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and very similar expressions are utilized to recognize these forward-looking statements. These statements are not assures of long run performance nor guarantees that ambitions or targets will be achieved, and contain a quantity of risks, uncertainties and other aspects that are tough to forecast and could bring about actual outcomes to differ materially from individuals expressed or implied. These risks include, devoid of limitation, challenges that: Accenture and Optimind will not be equipped to near the transaction in the time period of time predicted, or at all, which is dependent on the parties’ ability to fulfill specified closing problems the transaction could possibly not obtain the expected rewards for Accenture Accenture’s outcomes of functions have been, and might in the upcoming be, adversely afflicted by volatile, unfavorable or uncertain financial and political situations and the outcomes of these conditions on the company’s clients’ companies and levels of business enterprise exercise Accenture’s business enterprise depends on creating and preserving customer demand for the company’s solutions and options which include through the adaptation and expansion of its products and services and remedies in reaction to ongoing variations in know-how and offerings, and a significant reduction in these demand or an inability to respond to the evolving technological atmosphere could materially affect the company’s outcomes of operations if Accenture is unable to match folks and their skills with shopper desire all around the world and entice and keep industry experts with solid leadership expertise, the company’s organization, the utilization amount of the company’s gurus and the company’s final results of functions may well be materially adversely afflicted Accenture faces legal, reputational and money pitfalls from any failure to protect client and/or corporation information from safety incidents or cyberattacks the markets in which Accenture operates are extremely competitive, and Accenture may possibly not be capable to compete properly Accenture’s potential to draw in and retain business and employees could depend on its name in the market Accenture’s environmental, social and governance (ESG) commitments and disclosures may expose it to reputational threats and lawful liability if Accenture does not successfully manage and produce its interactions with essential ecosystem partners or fails to foresee and establish new alliances in new technologies, the company’s success of functions could be adversely influenced Accenture’s profitability could materially put up with if the business is unable to get favorable pricing for its solutions and methods, if the enterprise is unable to remain aggressive, if its price-management strategies are unsuccessful or if it experiences shipping and delivery inefficiencies or are unsuccessful to fulfill particular agreed-on targets or specific assistance levels changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or variations in tax laws or in their interpretation or enforcement, could have a material adverse result on the company’s successful tax amount, outcomes of operations, hard cash flows and monetary condition Accenture’s success of functions could be materially adversely affected by fluctuations in overseas forex trade fees variations to accounting specifications or in the estimates and assumptions Accenture tends to make in relationship with the preparing of its consolidated monetary statements could adversely have an affect on its money outcomes as a final result of Accenture’s geographically various functions and system to proceed to increase in critical marketplaces around the globe, the business is more inclined to specific threats if Accenture is not able to control the organizational issues connected with its sizing, the organization may well be not able to realize its organization aims Accenture may well not be successful at obtaining, investing in or integrating companies, moving into into joint ventures or divesting companies Accenture’s enterprise could be materially adversely impacted if the corporation incurs lawful legal responsibility Accenture’s global functions expose the firm to various and sometimes conflicting lawful and regulatory needs Accenture’s work with government customers exposes the firm to more dangers inherent in the federal government contracting setting if Accenture is not able to safeguard or enforce its mental home rights or if Accenture’s companies or answers infringe on the mental residence legal rights of other people or the company loses its skill to utilize the mental home of some others, its organization could be adversely impacted Accenture may possibly be topic to criticism and destructive publicity similar to its incorporation in Eire as well as the risks, uncertainties and other things talked about beneath the “Risk Factors” heading in Accenture plc’s most latest Annual Report on Variety 10-K and other documents filed with or furnished to the Securities and Exchange Fee. Statements in this information release communicate only as of the day they had been designed, and Accenture undertakes no obligation to update any forward-seeking statements created in this news launch or to conform this sort of statements to actual benefits or alterations in Accenture’s expectations.
 

# # #

 

Make contact with:

Velislava Le Fevre
&#13
Accenture France
&#13
+33 1 53 23 46 18
&#13
[email protected]