CAPABILITY
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FINANCE
& Risk
Analytics
GETTING THE RIGHT DATA RIGHT
MANAGING DATA:
THE HEART OF ANALYTICS
Today’s financial firms face unprecedented pressure to cut costs and improve capital deployment—while fighting financial crime, improving operational and cyber resilience, and meeting evolving regulations. What’s at the heart of these finance, risk and regulatory challenges for banks, insurers and capital markets firms? Data.
But the challenge is not in data alone. It’s about getting the right data right, and employing analytics capabilities to draw meaning—and solutions—from that data.
Accenture’s Finance & Risk Analytics can help firms deploy the newest—and the tried and true—data and analytics solutions across the financial enterprise. We tap next-generation data and analytics tools, powered by big data, cloud and artificial intelligence (AI), to help firms improve data quality—and capitalize on their information assets.
WHAT'S AT THE HEART OF THESE FINANCE, RISK AND REGULATORY CHALLENGES FOR BANKS, INSURERS AND CAPITAL MARKETS FIRMS?
DATA.
GLOBAL NETWORK
OF INNOVATION CENTERS
Accenture offers live, practical solutions to help financial enterprises address their analytics challenges, via our Global Network of Innovation Centers. The network designs ready-to-deploy solutions for data management, data engineering, advanced analytics, AI and reporting—tackling problems across finance, risk, compliance and resilience.
Our Global Network of Innovation Centers combines:
TALENT
Data scientist on staff, with combined finance, risk, regulatory and advanced platform skills
TOOLS
Fast, cost effective open platform frameworks (including cloud, hybrid and on premise) plus best of breed analytics software (SAS®, Tableau®, Qlik®, Apache™ Hadoop®, Cloudera® and more)
GEOGRAPHIC LOCATIONS
Well-equipped spaces for collaboration, experimentation and problem solving, thanks to innovative partnerships with leading academic institutions and our own Fintech Labs
OUR NETWORK FEATURES CENTERS ANCHORED AROUND THE WORLD
Each provides full data and analytics services, specializing in key analytics disciplines:
SPECIFIC SERVICES
Finance and Accounting Analytics
- Cost analytics
- Enterprise performance analytics
- International Financial Reporting Standards (IFRS) 9, Current Expected Credit Loss (CECL)
Sourcing and Procurement Analytics
- Third-party Risk Management (TPRM) Analytics
- Spend analytics
Regulatory and Compliance Analytics
- Employee surveillance (conduct, trading)
- Regulatory reporting
Financial Risk Management Analytics
- Stress testing
- Credit risk, Standardized Approach for measuring Counterparty Credit Risk exposures (SA-CCR), CECL
- Interest Rate Risk (IRR), Fundamental Review of the Trading Book (FRTB), Value-at-Risk (VaR)
- Actuarial, IFRS17
- Risk-Adjusted Return on Capital (RAROC), Risk-Adjusted Performance Measures (RAPM), Risk-Weighted Asset (RWA)
- Asset-Liability Management (ALM), Liquidity, Funding
- Collections and Recovery
Cyber Risk and Resilience Analytics
- Cyber intelligence
- Fraud
- Anti-Money Laundering (AML), Transaction monitoring, Screening and Sanctions
- Employee surveillance
- Operational risk modeling
- Cloud risk assess
Enterprise Analytics Services
- Data management
- Data engineering
- Platform engineering
- Reporting
- Finance and Risk analytics and modeling
LATEST THINKING
-
HOW CAN BANKS KEEP AHEAD OF CCAR WHOLESALE LOSS MODELING TRENDS?
As trends emerge and supervisory expectations evolve, CCAR preferred practices point banks forward. -
EMERGING TRENDS IN MODEL RISK MANAGEMENT
Banks and financial providers lean heavily on models to manage risk, but what about the risks inherent in the models? -
CCAR: THE RIGHT MODEL OFFERS A STRATEGIC BOOST
What can financial services risk managers gain by thoroughly validating their stress testing models? -
CCAR MODELS FOR CAPITAL MARKETS SHOULD EMBRACE UNIQUE NEEDS
For capital markets firms, the best Comprehensive Capital Adequacy Review (CCAR) model is one that meets needs specific to wealth management. -
MINING BIG DATA—FINANCIAL SERVICES CFOS UNIQUELY POSITIONED TO TAP IN
As big data proliferates, CFOs can help financial services firms build a data-driven enterprise.
-
HOW CAN BANKS KEEP AHEAD OF CCAR WHOLESALE LOSS MODELING TRENDS?
As trends emerge and supervisory expectations evolve, CCAR preferred practices point banks forward. -
EMERGING TRENDS IN MODEL RISK MANAGEMENT
Banks and financial providers lean heavily on models to manage risk, but what about the risks inherent in the models? -
CCAR: THE RIGHT MODEL OFFERS A STRATEGIC BOOST
What can financial services risk managers gain by thoroughly validating their stress testing models? -
CCAR MODELS FOR CAPITAL MARKETS SHOULD EMBRACE UNIQUE NEEDS
For capital markets firms, the best Comprehensive Capital Adequacy Review (CCAR) model is one that meets needs specific to wealth management. -
MINING BIG DATA—FINANCIAL SERVICES CFOS UNIQUELY POSITIONED TO TAP IN
As big data proliferates, CFOs can help financial services firms build a data-driven enterprise.
MEET THE TEAM
Jamie Woodhouse
Managing Director, Finance & Risk
United Kingdom and Ireland
Jamie leads Accenture’s Finance & Risk Analytics business globally, as well as leading Management Consulting in the United Kingdom/Ireland across Financial Services. He has spent his career helping banks and insurers find creative ways of improving their businesses, through leading client relationships, advising on and delivering solutions and building new Accenture businesses – most recently our Finance & Risk Analytics Innovation Centres.
Jamie patented Accenture’s High Performance Capital Markets process and architecture assets and holds a Global Association of Risk Professionals (GARP) Financial Risk Manager qualification.
Kieran Towey
Managing Director & Global Lead for Fraud & Compliance
Advanced Analytics
Kieran is the Managing Director of Accenture Advanced Analytics, leading both Health & Public Services and the Fraud Analytics Centre of Excellence. His professional experience spans a range of cross industry blue chip clients and Public Service organizations, specialising in using data and analytics to help enable organisations to drive an evidence-based decision making agenda. Kieran works closely with clients to help drive business value through yield improvement and/or costs savings.
Edwin Van der Ouderaa
Senior Managing Director
Accenture Financial Services, Digital and Analytics
Edwin is the global coordinator of Accenture Financial Services Digital and lead of the Financial Services EALA and APAC Digital Practices. While at Accenture, Edwin has launched and managed the global Financial Services Analytics practice, managed the United Kingdom/Ireland Insurance practice, was the global head of the Accenture Payments and Corporate Transaction Banking Practice, and held account lead responsibilities for several global Financial Services clients.
Edwin is a Computer Science Engineer, holds a PhD in Information Theory, an MBA and a Master in Pedagogy.
Marco Vernocchi
Senior Managing Director & Global Digital Lead
Marco is the Accenture Digital Lead for the Communications, Media and Technology (CMT) Operating Group, responsible for helping CMT clients integrate digital into all facets of their organizations to transform their businesses. Marco’s mission is to accelerate market leadership in this growing digital business space, building upon Accenture’s digital consulting capabilities, digital technology services, digital software solutions and digital operations to help clients drive growth and create new sources of value. While at Accenture, Marco led the Media & Entertainment industry group and held several management roles, including responsibility for Accenture’s CMT practice in Russia and Eastern Europe.
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