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Slide #86. Accenture — Mortgage Cadence
Accenture (NYSE:ACN">ACN) has completed its acquisition of Mortgage Cadence, a provider of loan origination software and electronic document management services in the United States. The acquisition adds an advanced technology platform to strengthen Accenture's mortgage business process outsourcing services and enables the company to offer software to mortgage lenders looking to increase efficiencies and reduce costs. Through the acquisition, Mortgage Cadence software will serve as the core loan-origination platform for Accenture Credit Services, a business service within Accenture's financial services operating group that provides consulting, technology and outsourcing services to financial institutions.
Accenture is a services company. Co. provides a range of services in strategy and consulting, interactive, technology and operations. Co.'s industry groups are: Communications, Media and Technology, which serves communications, media, high tech, software and platform companies; Financial Services, which serves the banking, capital markets and insurance industries; Health and Public Service, which serves healthcare providers and public service organizations; Products, which provides consumer goods, retail and travel services, industrial and life services; and Resources, which serves the chemicals and natural resources, energy and utilities industries.
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