M and A
Deals Of The Day: The Latest In Wealth Management M&A - Accenture, Orbium
The latest M&A deals in wealth management across Europe, Middle East and Africa.
Accenture, Orbium
Accenture, the
global professional services firm, has agreed to buy the
Switzerland-based management consultancy and tech services firm
Orbium.
The terms of the transaction were not disclosed.
Orbium, founded in 2004, is the largest services provider for the
Avaloq Banking Suite, the Switzerland-based firm prominent in
digital and core banking software for banks and wealth managers.
Orbium said that it has triple the number of Avaloq-certified
specialists of any other company and is authorised to provide
training for Avaloq professional certification.
With more than 500 employees, Orbium has offices in more than a
dozen cities across Europe, Asia-Pacific and the US. Its clients
include global tier-one banks, premium wealth managers and
private banks.
