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Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry

Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry April 29, 2021 | 10:00 am Security Bank Corporation (PSE: SECB) and MUFG Bank, Ltd. (MUFG) celebrate five years of a strategic partnership that have allowed both banks to provide better financial services to Philippine corporate and SME communities.  The partnership, which started in 2016, began with global bank MUFG acquiring a 20% stake in Security Bank for Php 36.9 billion. Since then, the two lenders have capitalized on its partnership by bringing top-notch products and services to customers while enjoying the benefits of continued innovation in financial services.  On January 14, 2016, Security Bank Corporation and MUFG Bank of Japan sealed its strategic partnership. Pictured L-R Security Bank Chairman, Alberto S. Villarosa, Frederick Y. Dy, Chairman Emeritus and Go Watanabe, Managing Executive Officer and Chief Executive Officer for Asia and Oceania at MUFG Bank of Jap

Security Bank taps MUFG for cash management – Manila Bulletin

Published April 15, 2021, 5:00 AM Security Bank Corporation has sealed a deal with its global partner MUFG Bank, Ltd. (MUFG) that will allow MUFG’s corporate clients to gain access to the bank’s cash management system, DigiBanker. In a statement, Security Bank said “The agreement aims to provide MUFG’s clients with products and services that are suited to the domestic front while complementing its current product offerings.” “After months of extensive and fruitful discussions, we are honored to be entering into a Cash Management Partnership Agreement with MUFG,” said Security Bank President and CEO SanjivVohra. He added that, “With this, MUFG’s corporate clients will gain access to the full range of Security Bank’s cash management portfolio. Our partnership is an incredible opportunity for us to take the best of Security Bank and MUFG and raise the bar for financial service excellence in the region.”

Accenture acquires Core Compete to boost its cloud offering

Accenture acquires Core Compete to boost its cloud offering Image: © Alexey Novikov/Stock.adobe.com The cloud analytics company is the latest in a long line of acquisitions made by Accenture in order to enhance its client offering. Global consulting giant Accenture has added another cloud services company to its growing list of acquisitions. Headquartered in North Carolina with offices in the UK and India, Core Compete is a cloud analytics services company that enables digital transformation with a particular focus on supply chain, retail and financial services. Accenture acquired the company for an undisclosed sum with the view to strengthening its own cloud-based solutions.

Accenture Grows AI, Cloud Capabilities With Core Compete Buy

Accenture Grows AI, Cloud Capabilities With Core Compete Buy ‘We’re seeing the world move to be cloud-native. Core Compete has strong SaaS skills, and experience with both supply chains and finance and risk. But in the last four to five years, it has been an early adopter of native cloud analytics, with a large number of people certified on analytics on Azure and [Amazon Web Services],’ says Sanjeev Vohra, global lead for Accenture Applied Intelligence. By Joseph F. Kovar April 07, 2021, 06:51 PM EDT Global solution provider Accenture Wednesday unveiled the acquisition of Core Compete, a developer of cloud analytics and cloud-native artificial intelligence technologies.

Accenture Acquires Core Compete

Accenture Acquires Core Compete Accenture has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India. Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence (AI) and machine learning-infused business outcomes, to serve a diverse client base across the US and UK, with particular focus on supply chain, retail and financial services. Terms of the transaction were not disclosed.  Founded in 2012, Core Compete’s team of more than 260 professionals will join Accenture’s Applied Intelligence practice, strengthening how the company helps clients shape and execute their cloud-based data and AI strategies to drive more business value. 

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