PCB Partners advises Accenture on the acquisition of Parker Fitzgerald, a strategic advisor and consulting partner to leading global financial institutions.
August 2019
Accenture (NYSE: ACN) has acquired Parker Fitzgerald, a specialist consulting and advisory firm serving leading global financial institutions. The acquisition will further strengthen Accenture’s Finance and Risk practice by expanding its capabilities across risk, regulatory advisory and financial technology. Financial terms of the transaction were not disclosed.
Founded in 2008 in the aftermath of the global financial crisis, Parker Fitzgerald provides advisory, assurance and technology-led solutions to financial services organisations. The firm supports clients in addressing financial and non-financial risk, responding to regulatory requirements and adopting innovative financial technologies, helping institutions manage complexity and improve risk-adjusted performance.
The addition of Parker Fitzgerald’s deep regulatory expertise and advisory capabilities will complement Accenture’s consulting and technology strengths. Together, the firms will enhance Accenture’s ability to support clients in navigating an increasingly complex risk and regulatory landscape across the global financial services sector.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 482,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
About Parker Fitzgerald
Parker Fitzgerald is an award-winning strategic advisor and consulting partner to the world’s leading financial institutions. Headquartered in London, our global network of senior industry practitioners, technical experts and change specialists is trusted by the leaders of the world’s largest financial institutions, regulatory authorities and government agencies. We are experts in all areas of financial and non-financial risk, regulation and financial technology. We provide strategic advice, independent assurance and market-leading solutions to help our clients navigate their most critical issues, reduce complexity and improve their overall risk-adjusted performance. Our unparalleled knowledge and experience in financial services, world-class thinking and excellence in delivery has seen Parker Fitzgerald recognized as one of the most dynamic and progressive consulting firms in Europe.