ACN

Accenture acquires digital twin technology platform, terms undisclosed

Accenture (ACN) has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech company with experience in banking technology transformation. Navin Suri, the founder and CEO of Percipient who joins Accenture together with Percipient’s core technology leadership team, said: “We have a shared vision to reinvent how digital transformation is achieved at financial institutions. By combining Percipient’s platform with Accenture’s core banking and technology capabilities, we can enable banks to more seamlessly transform their legacy systems and gain agility and speed, while lowering the risk associated with such modernization efforts.” Terms of the transaction were not disclosed.

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