Wall Street Behemoths BNY Mellon & Accenture Join Forces to Revolutionize Financial Services Through Data Innovation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 12 2024
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Source: Benzinga
- Collaboration between BNY Mellon and Accenture: They are working together to modernize financial services, focusing on data management and analytics product development.
- Technological leverage: The companies will use advanced technologies to unlock data potential at high speeds for client growth.
- Innovative offerings: By combining Accenture's expertise in data and AI with BNY Mellon's financial data services, they aim to accelerate innovative solutions in private markets and wealth management tech.
- Stock performance: ACN stock has gained 12% in the past year, while BK stock has gained over 20%. Investors can access these stocks through various ETFs.
- Client experience enhancement: The collaboration aims to create exceptional client experiences by utilizing their capabilities and platforms effectively.
Analyst Views on KBWB
Wall Street analysts forecast KBWB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KBWB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 86.230
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Current: 86.230
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
