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Capgemini purchases Quorsus to reinforce its capital markets service choices
Paris, October 10, 2022 – Capgemini introduced at present the acquisition of Quorsus, a UK–primarily based agency specializing in consultancy companies to monetary establishments in post-trade applied sciences, operations, regulatory options, and market infrastructure. Its particular trade focus and experience will permit Capgemini to additional assist its capital markets shoppers in handleing not solely rising regulatory necessities, however the necessity for strategic but environment friendly operations throughout the buying and selling lifecycle.
Headquartered in London, the workforce at Quorsus works throughout the monetary ecosystem, making use of their in depth post-trade capital markets data and supply capabilities to assist shoppers in regulatory reporting, monetary market infrastructure and securities processing. Since its inception in 2019, demand for its companies has seen Quorsus obtain speedy development throughout a broad portfolio of shoppers that features a number of the largest, and most distinguished, world market individuals, market infrastructure suppliers and trade associations inside capital markets.
“While the landscape for financial institutions is re-shaping rapidly due to consolidations, new technologies, and changing operating models, compliance continues to be key. The acquisition of Quorsus brings to our team a set of in-demand specialist expertise to reinforce our capital markets services for financial institutions,” mentioned Anirban Bose, CEO of Capgemini’s Financial Services Strategic Business Unit and Group Executive Board Member. “With Quorsus we are strengthening further our ability to deliver end-to-end business transformation to clients in financial services.”
Comments Ryan Baccus, CEO of Quorsus, “We are very much looking forward to being part of the Capgemini Group. Our current clients will benefit from the Group’s global scale and breadth of services, which we believe will be critical to ensure our clients can meet both their strategic transformation and regulatory driven change requirements. Our team members will also benefit from the career opportunities that come with joining a global leader.”
Capgemini is a worldwide chief in partnering with corporations to remodel and handle their business by harnessing the facility of expertise. The Group is guided on a regular basis by its goal of unleashing human vitality via expertise for an inclusive and sustainable future. It is a accountable and various group of over 350,000 workforce members in additional than 50 international locations. With its sturdy 55-year heritage and deep trade experience, Capgemini is trusted by its shoppers to handle the complete breadth of their business wants, from technique and design to operations, fueled by the quick evolving and modern world of cloud, information, AI, connectivity, software program, digital engineering and platforms. The Group reported in 2021 world revenues of €18 billion.
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