7 days ago
Accenture Acquires Malaysian Firm Offering Financial Services, Aristal
Accenture announced that it has acquired Aristal, a Malaysia-based consulting and digital transformation firm with deep expertise in financial services. This is the consultancy firm's first banking-focused acquisition in the country.
The acquisition will see Accenture upgrading its core systems, improving operations, and managing large-scale changes like mergers and system transitions. Founded in 2006, Aristal offers advisory services and deep expertise in core banking transformation. The firm has built a strong track record of successfully delivering large-scale IT and business transformation programs for leading financial institutions across Malaysia, Indonesia, Singapore, and Thailand.
'With deep expertise in core banking systems, Aristal has helped banks upgrade outdated platforms, improve operations, and deliver better customer experiences—capabilities that will strengthen Accenture's financial services offerings,' said Paul Ng, Financial Services Lead, Southeast Asia at Accenture. 'Joining Accenture opens up tremendous opportunities for our team here in Malaysia to grow and contribute on a larger stage,' said Lin Kok Liong, Managing Director at Aristal. 'By integrating into Accenture's global network of innovation and talent, we're not only expanding our own capabilities, but also enhancing the value we can deliver to clients locally.' Related
