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Accenture to Provide Application Outsourcing Services to ICAP.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- ICAP (1) (Internet Content Adaptation Protocol) A high-level protocol for requesting services from an Internet-based server. iCAP provides a common format for requesting services using standard HTTP messaging.  plc, the world's premier interdealer broker, has selected Accenture (NYSE NYSE

See: New York Stock Exchange
: ACN ACN Accenture (stock symbol)
ACN Accenture
ACN Australian Company Number
ACN Automatic Collision Notification (US DOT)
ACN Acetonitrile
ACN Anglican Communion Network
) to develop and maintain its European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
 credit-trading platform under a five-year application outsourcing agreement.

"This initiative is designed to increase the capabilities and cost-efficiencies of our credit-trading platform in order to continue to drive growth in an increasingly dynamic and evolving global marketplace," said James Dawson
For the former Ontario MPP see James Dawson (politician)


James Dawson (whose pseudonyms include Daltrey St. James, Angelina Troy and T.J. Madison) is a writer whose work has appeared in places ranging from The Los Angeles Times
, business manager, credit products at ICAP.

Accenture will provide technology development and outsourcing services to ICAP through its Global Delivery Network, which includes more than 50 delivery centers across five continents.

"The leading capital markets firms today are focused on achieving the right balance of cost-reduction, long-term operational excellence and opportunistic expansion," said Lloyd Altman, a senior executive in Accenture's Capital Markets practice. "This strategic outsourcing agreement reflects ICAP's sharp global vision for growth and deep commitment to service excellence and shareholder value."

About Accenture

Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With 178,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. 31, 2007. Its home page is www.accenture.com.

About ICAP

ICAP is the world's premier voice and electronic interdealer broker and the source of global market information and commentary for professionals in the international financial markets. The Group is active in the wholesale markets in interest rates, credit, commodities, foreign exchange and equity derivatives. ICAP has an average daily transaction volume in excess of $1.5 trillion, more than 60% of which is electronic. ICAP plc was added to the FTSE 100 Index FTSE 100 Index

A market-weighted index of the 100 leading companies traded in Great Britain on the London Stock Exchange. The Financial Times
 on 30 June 2006. For more information go to www.icap.com.
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Publication:Business Wire
Date:Jun 11, 2008
Words:308
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