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Technology

Posted on February 4, 2020 by staff

Data consultancy Mudano acquired by Accenture

Technology

Mudano has been acquired by Accenture.

The London-based data consultancy advises UK FinTech firms on analytics, data and artificial intelligence.

The terms of the transaction were not disclosed.

Mudano鈥檚 team of industry-focused data professionals will join Accenture Applied Intelligence, which employs more than 20,000 professionals worldwide who help clients scale AI, including 6,000 data scientists, data engineers and AI professionals.

Mudano鈥檚 data advisory expertise and technology solutions will complement Accenture鈥檚 existing capabilities and strengthen its commitment to helping clients generate measurable value and return on investment from large-scale transformation projects.

鈥淥ur research shows that U.K. businesses are struggling with how to scale technologies like artificial intelligence to deliver business value 鈥 and financial services is no exception,鈥 said George Marcotte, a managing director at Accenture who leads its Applied Intelligence group in the UK & Ireland.

鈥淢udano鈥檚 focus on helping clients build a 鈥榙ata culture鈥 aligns perfectly to Accenture鈥檚 Applied Intelligence strategy.

鈥淏y creating a strong data foundation 鈥 supported by the right skills, stakeholders and technologies 鈥 our clients can transform at speed and scale and fuel real change for their business.鈥

Founded in 2014 and headquartered in London, with a presence in Edinburgh, Mudano uses advanced analytics, applied data science and modern data technologies to help the UK鈥檚 largest banks, insurers and wealth management firms transform key areas, such as customer behaviour analytics, financial crime-prevention and intelligent data management.

Ed Broussard, Mudano CEO, said: 鈥淎ccenture鈥檚 reputation for excellence and large-scale delivery will enable us to help clients realize the benefits of data transformation 鈥 from setting the strategy and building the culture to leveraging the game-changing insights that data analytics can bring.

鈥淲e are excited to become part of one of the world鈥檚 leading companies and look forward to the opportunities this will bring for our employees and clients.鈥

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