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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.'s operating 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 payers and providers, government departments and agencies, public service organizations, educational institutions and non-profit organizations; Products, which serves a set of interconnected consumer-relevant industries such as life sciences; and Resources, which serves the chemicals, energy, forest products, metals and mining, utilities and related industries.
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