BCC Iccrea Group, the largest cooperative banking company in Italy, has formalized a strategic partnership with Accenture to advance its IT transformation, which is aligned with a comprehensive IT reinvention strategy established by BCC Sistemi Informatici.
Under this partnership, Accenture will not only provide consultancy and technical expertise but will also acquire an equity stake in BCC Sistemi Informatici.
The collaboration will emphasize the advancement of digital platforms and core systems, and it will also include customer data management, current account operations, and transaction settlements, alongside the optimization of BCC’s data architecture.
This initiative has an investment exceeding €300 million over the next three years, targeted to accelerate the digital transformation efforts initiated upon the Group’s formation. The primary objective of this step is to elevate service delivery standards for the 114 BCC member banks and subsidiaries within the Group, enabled them to offer increasingly secure, efficient, and innovative services to their members and customers.
The new Group IT plan mainly covers improving and modernizing key core banking applications, expanding products and services available through digital channels, and accelerating its AI strategy program.
Also Read: F&G Collaborates with Accenture to enhance its technology platform capabilitiesMauro Pastore, general manager of the BCC Iccrea Group, commented: “We are pleased with the partnership signed with Accenture, as it enables us to further strengthen technological innovation within our Group. This collaboration will allow us to offer our customers increasingly efficient, secure, and personalized services while simultaneously reinforcing our market positioning. The integration of advanced IT solutions is essential to addressing future challenges in the banking sector and to ensuring the sustainable growth of our banks, as outlined in our 2024–2026 business plan.”
Accenture also contributes to strengthening the Group’s infrastructure and crafting a new service model aimed at bolstering security and resilience in the face of evolving cyber threats.
Massimiliano Colangelo, head of Financial Services at Accenture Italy, said: “This alliance with the BCC Iccrea Group reinforces our position as a preferred partner for innovation in the banking sector. This project highlights our long-term commitment to the Italian market, a journey that began over 60 years ago and continues to focus on innovation and sustainable growth.“
