Accenture has acquired Optimind, a French management consulting firm dedicated to the financial services sector. The deal adds around 350 consultants to its footprint.
Building on its recent acquisitions of SKS Group (2023) and Exton (2021), Accenture has yet again closed a major acquisition to beef up its European Financial Services practice.
Founded in 2000, Optimind helps banks, insurance groups and large corporate clients with risk management services, from strategy and quantitative modelling to implementation, regulatory compliance and technology adoption. Optimind also has a subsidiary that provides risk outsourcing services.
“This acquisition enhances Accenture’s standing as one of the leading management consulting firms for financial services clients, taking our innovative end-to-end solutions to new levels of speed and scale across Europe,” said Khalid Lahraoui, who leads Accenture’s Financial Services industry vertical in France and the Benelux.
Olivier Girard, market unit lead for Accenture in France and the Benelux, added: “Optimind complements our finance and risk management capabilities and further strengthen our ability to help clients successfully navigate disruption and drive enterprise value.”
Meanwhile, for Optimind, the joining of forces with the global consulting giant will enable the firm to “expand our footprint and create new business opportunities for our company and our people,” said Christophe Eberle, CEO and founder of the French consultancy firm.
“Our people provide expertise in qualitative, quantitative and administrative risk management services and solutions. Joining Accenture would allow us to support our clients on a broader base at a time when business, financial and regulatory changes are about to change the historical balance and mean our clients need our support more than ever.”
Sourced from Consultancy.eu