Accenture has announced its intent to acquire Optimind, an independent consulting firm that provides advisory services and solutions to help insurance firms, banks and large corporate clients drive competitiveness, transformation and regulation.
The acquisition is intended to complement Accenture’s existing finance and risk management capabilities and further help clients navigate disruption while driving enterprise value. The financial terms of the transaction are not being disclosed.
Optimind is a Paris-based independent consulting firm with service offerings that cover the full spectrum of the risk management value chain: from strategy to finance, quantitative modeling to compliance and mapping to continuity planning.
Since being founded in 2000, Optimind has accumulated more than 350 highly skilled professionals, including more than 110 actuaries, serving clients in France and Luxembourg. The business was additionally the recipient of the 2022 EcoVadis Gold Medal for its corporate social responsibility policy.
Olivier Girard, market unit lead for Accenture France and Benelux, said: “The acquisition would complement Accenture’s existing finance and risk management capabilities and further strengthen our ability to help clients successfully navigate disruption and drive enterprise value. We would be able to address the entire value chain and help our clients accelerate and scale their financial and compliance transformation projects.”
Khalid Lahraoui, financial services lead for Accenture France and Benelux, said: “The acquisition of Optimind would enhance our ability to help clients embrace change, accelerate transformation, unlock value and build new and disruptive risk models. This acquisition would enhance Accenture’s standing as one of the leading strategy and consulting firms for financial services clients, taking our innovative end-to-end solutions to new levels of speed and scale across Europe.”
Christophe Eberle, CEO and founder of Optimind, added: “Our people will provide expertise in qualitative, quantitative and administrative risk management services and solutions. Joining Accenture would allow us to expand our global footprint and create new business opportunities for our company and our people. Together, we could support our clients on a broader base at a time when business, financial and regulatory changes are about to change the historical balance and mean our clients need our support more than ever.”