Founded in 2005 and headquartered in Barcelona, Axis Corporate provides a wide range of advisory services, including operations strategy and supply chain consulting, business intelligence, cost transformation, talent and culture, finance, and sustainability. It also has strong risk management capabilities, with a special focus on helping banks better manage and recover non-performing assets and loans. Axis Corporate has long-standing relationships with the largest financial services and banking institutions in Spain, with expertise across retail and commercial banking, consumer finance and payments.
Axis Corporate enhances Accenture’s strategy and technology offerings that enable companies to reinvent their business models, effectively manage costs and develop new products faster. Axis Corporate’s 110 specialized professionals across offices in Barcelona, Madrid and Boston will join Accenture’s Strategy & Consulting practice.
David Cordero, who leads Accenture’s Banking industry group in Europe said: “As banks and other providers navigate a continually changing and highly competitive landscape, the need to transform their businesses to offer hyper-personalized and impactful digital customer experiences has never been greater,”
Mercedes Oblanca, market unit lead for Accenture in Spain and Portugal, said: “With this acquisition, we will be in an even stronger position to help our financial services clients in Spain manage risk, adapt to change and deliver new services. We are delighted to welcome Axis Corporate’s talented team, with its strong track record of enabling companies to accelerate their digital strategies to maximize competitiveness.”
Casimiro Gracia, Executive Chairman at Axis Corporate, said: “We have been a trusted partner to major financial services firms and other industries in Spain for almost 20 years, helping them to accelerate growth and operate more efficiently locally and globally. By joining Accenture, our people can expand their skillsets and participate in new large-scale transformation programs, including around core banking and risk, with clients across the world.”
Pablo Jorge, Associate Director, Southern Europe at TH Global Capital said, “We are thrilled with the successful outcome achieved for Axis Corporate and Accenture and extend our best wishes to the entire Axis Corporate team as they embark on the next phase of their journey with Accenture. This marks our 8th transaction in Southern Europe. The partnership between Axis Corporate and Accenture demonstrates the robust market outlook for management and technology consulting companies within the banking, financial services & insurance sectors.”
Vivek Subramanyam, Founder and CEO of TH Global Capital added, “We are delighted to have closed this key deal with Accenture – our 24th Consulting deal and 31st BFSI deal. This deal exemplifies TH Global Capital’ extensive expertise in Management Consulting, Business Consulting & Technology Consulting with our capabilities spanning across every facet of this domain. We wish Axis Corporate every success in this strategic partnership with Accenture.”