Accenture was awarded the Banking Advisory Firm of the Year at the 7th Regulation Asia Awards for Excellence 2024.

Presented within the Banking Risk, Resilience, and Integrity category, the Banking Advisory Firm of the Year award celebrates firms that support banks in navigating complex regulatory demands, enhancing risk resilience, and reinforcing operational integrity. This recognition is awarded to organisations with deep sector expertise, a commitment to innovation, and a proven track record of delivering measurable improvements in banking compliance and resilience.

Accenture was recognised for its innovative approach and regulatory and technology expertise, including its collaboration with the Monetary Authority of Singapore (MAS) to establish AI governance frameworks for the financial industry. The firm has leveraged technology and innovation to help some of the world’s largest banks transform their risk, regulatory and financial crime practices. Through a partnership with Quantexa, Accenture implemented a network analytics platform that strengthens financial crime detection and dynamic risk management for banks, among several other initiatives which underscore the key role it plays in advancing industry standards and empowering banks to address regulatory challenges.

“Accenture’s forward-thinking approach has set a new benchmark for banking advisory services,” said a judge on Regulation Asia Awards panel. “The firm’s expertise in regulatory compliance and innovative use of technology including AI in risk management demonstrate its commitment to advancing industry practices, improving efficiency, and delivering meaningful, measurable results for clients.”

“This award reaffirms Accenture’s position as a leader in banking advisory, highlighting its pivotal role in shaping the future of financial services across Asia,” said Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee. “Accenture’s commitment to innovation and regulatory excellence continues to drive meaningful impact throughout the region.”

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.