10 AI Stocks Making Waves on Wall Street

6. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 60

Accenture plc (NYSE:ACN) offers strategy and consulting services. On January 23, BCC Iccrea Group, Italy’s largest cooperative banking group, and Accenture announced that they have signed a partnership agreement to support the Group’s IT transformation. The agreement will provide improved services to 114 BCC member banks and other subsidiaries, helping customers and members receive secure, efficient, innovative, and user-friendly services. The new Group IT plan involves modernizing key banking applications, products and services expansion through IT channels, and the acceleration of its artificial intelligence strategy program. Accenture will be focusing on digital platforms, core systems such as customer records and current accounts, and BCC’s data platform. It will also improve BCC’s infrastructure and develop a new service model for improving its security and resilience levels.

“This alliance with the BCC Iccrea Group reinforces our position as a preferred partner for innovation in the banking sector. By implementing cutting-edge technologies such as cloud computing, artificial intelligence and advanced data analytics, and by leveraging human expertise, we are enabling a profound transformation of the Group’s core systems. This will enhance operational efficiency and accelerate process automation. This project highlights our long-term commitment to the Italian market, a journey that began over 60 years ago and continues to focus on innovation and sustainable growth”.

– Massimiliano Colangelo, head of Financial Services at Accenture Italy