May 27, 2024


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Accenture Completes Acquisition of ARZ’s Personnel and Company Belongings

Accenture Completes Acquisition of ARZ’s Staff and Company Assets

VIENNA and INNSBRUCK, Austria Dec. 1, 2022 – Accenture (NYSE: ACN) has completed its acquisition of the men and women and enterprise property of Allgemeines Rechenzentrum GmbH (ARZ), a technological know-how service service provider focused on the banking sector in Austria.  Financial conditions of the transaction, beforehand announced on June 1, ended up not disclosed.
The acquisition of ARZ’s small business abilities expands Accenture’s cloud-based banking offerings, ranging from core banking expert services to on the web banking, as very well as regulatory companies for customers throughout Europe. Accenture has also signed a sequence of agreements to deliver engineering solutions to ARZ’s present consumers.

“The addition of ARZ supports Accenture’s vision to develop an modern cloud-dependent banking-as-support platform, leveraging technologies from IBM, Microsoft and SAP,” said Roland Smertnig, senior running director in Accenture’s money providers exercise in Europe.  “We will build a in depth middle of excellence in Innsbruck to enable financial institutions transfer main capabilities to the cloud, enable new small business styles and reinvent purchaser company and practical experience.”
ARZ’s roughly 600 workers have joined Accenture and will carry on to work in their present destinations in Vienna and Innsbruck.    
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Peter Auer
Accenture Austria
+43 676872033142
[email protected]
Michael McGinn
+1 312 693 5707
[email protected]
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