Featured Partner: AccenturePackaging integrated solutionsToday's financial services companies compete in a flat world where, more than ever before, competitors are intense, customers are savvier and the marketplace is less forgiving. Accenture offers solutions designed to significantly improve the performance of financial service corporations in these areas: InsuranceAccenture is helping insurers create a very different insurance future. Profound and unstoppable forces are shaping the landscape. Accenture answers with innovative insurance solutions using consulting, outsourcing, technology and software - making our clients high-performance businesses. Accenture also offers a suite of insurance assets designed to enable high performance for insurance providers. Accenture Claims Components, built on the Microsoft .NET framework, provides a leading-edge claims-handling engine and powerful and customizable tools that can help insurers optimize all their claims-processing activities, achieve greater control over costs and improve customer satisfaction. Accenture Insurance Configuration Components offers a rules-management utility that can help insurers quickly extract and centralize business rules housed in legacy applications. With centralized data access and rules management, insurers can improve their core transaction-processing capabilities, create consistent product and data definitions, achieve easier integration across disparate legacy applications and apply IT resources to focus on new product development and greater throughput. Accenture Underwriting Components offer robust, comprehensive and highly configurable software components that can help support better, more consistent underwriting decisions and greater process efficiency. Based on the Microsoft Windows platform, the solution helps insurers carry out all key underwriting functions, enhances collaboration among key stakeholders, and helps improve loss and expense ratios that can lead to a four-to-six point bottom-line improvement.
Wealth ManagementAccenture's Wealth and Asset Management assets and experiences lie at the center of Accenture’s strategy to bring innovation and competitive differentiation to Financial Services clients. Given recent fundamental changes in the Financial Service industry, Wealth Management providers are motivated to consider new approaches to deliver services to help their clients with financial and retirement planning: Broker/dealers face many challenges today (training, consistency of tools and process, regulatory issues, technology costs, etc.), especially in the wake of recent M&A activity Research shows advisors feel poorly equipped to provide effective financial planning assistance based on a comprehensive view of their customer Advice delivered through a well-informed financial advisor is still considered to be in the best interest of the investor Investors entering their retirement distribution phase will need a different kind of advice Wealth management firms have a responsibility to help investors, financial advisors and broker/dealers find solutions and not just sell products Those who need retirement planning help the most are the least likely to receive it
Accenture’s Wealth Management solution supports the full lifecycle of retirement income management needs and enables the advisor community to offer education, training, income management, and modeling in the marketplace through a portal-based navigator and service center solution leveraging Accenture and Microsoft ISVs. The Wealth Management solution provides these capabilities: Planning: Client prospecting, collaborative process workflow, data capture, budgeting needs analysis, portfolio selection and assembly Retirement Servicing: Ongoing "balance sheet" view via aggregation, ongoing drawdown ability, cash availability management, account management and rebalancing Reporting: Investor reports, advisor reports, operational reports, management reports, regulatory reports Integration: Such as MS-CRM for FS
MS-CRM for Wealth Management provides centralized relationship management capabilities including 360 degree customer view, role based navigation, adaptive workflows and management dashboard analytics. The solution is based on MS-CRM with native MS-Outlook integration/experience, MS-SQL Server reporting service and Windows SharePoint service integration. BankingWhile a multichannel approach to accessing financial services continues to thrive, the branch remains alive and well. To help banks focus their branch resources on sales, Accenture developed the "Next-Generation Branch." The Accenture Next-Generation Branch includes a suite of pre-configured, best-in-class applications and capabilities that support a bank's multi-channel distribution platform and multi-producer functionalities (such as customer insight, sales management and product catalogue). By leveraging a bank's investment in Microsoft technologies, the Accenture Next-Generation Branch helps banks to: - Coordinate sales and service activities across channels
- Exploit an integrated customer relationship management (CRM) engine to deliver insight into sales and service decisions
- Evolve their workforces toward an objectives-driven approach
- Improve their operational models
- Enhance the customer experience in the branch
- Significantly reduce the time and effort to design and implement distribution platforms
The Accenture Next-Generation Branch helps banks perform at their highest levels so they can create sustainable value for their customers and shareholders.
Why AccentureAccenture is a global management consulting, technology services, and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance organizations. In June 2009, Microsoft announced that Accenture and Avanade have been named Microsoft Enterprise Alliance Partner of Year. This award marks the fifth time (and second consecutive year) that Accenture and Avanade together have won the partner of the year award, more than any other Microsoft Enterprise Alliance Partner and a clear testimony of the success of the Accenture/Microsoft Alliance. Accenture also previously won this award in 2008, 2006, 2004 and 2001. |
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