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BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing
verax.ca

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Stage

Acquired | Acquired

About VERAX Solutions

VERAX Solutions delivers IT consulting initiatives across the full range of financial-services lines of business, including wealth management, brokerage and mutual funds, mobile and online banking, retail and commercial banking, and insurance and capital markets. The company's key service areas include IT strategy, enterprise architecture consulting, project and program management, financial risk and compliance solutions, as well as business intelligence and data warehousing.

VERAX Solutions Headquarter Location

120 Adelaide St W

Toronto, Ontario, M5H 1T1,

Canada

416-363-3030

Latest VERAX Solutions News

Accenture acquires fintech consulting firm Verax

Aug 25, 2017

Home  »  Region  »  North America  »  Canada  » Accenture acquires fintech consulting firm Verax Accenture acquires fintech consulting firm Verax 25 August, 2017 Written by Antony Peyton Email Accenture has acquired Verax Solutions, a Toronto-based technology and systems-integration consulting firm. Financial terms were not disclosed. Verax is a privately-owned company founded in 2003 that employs around 180 people at offices in Toronto and Halifax. Its service areas include IT strategy, enterprise architecture consulting, project and programme management, financial risk and compliance solutions, as well as business intelligence and data warehousing. It works with banking, insurance and capital markets institutions, and provides IT consulting across financial-services lines of business, including wealth management, brokerage and mutual funds, mobile and online banking, retail and commercial banking, and insurance and capital markets. “Verax consultants are known for their deep technical expertise, collaborative culture and strong reputation for delivery, which we believe will greatly complement and enhance the breadth and depth of our financial services capabilities in Canada,” says Robert Vokes, managing director of Accenture’s Financial Services practice in Canada. I’ll take it There have been other recent acquisitions for Accenture. Accenture Security completed its acquisition of Arismore , a privately held company in France that specialises in security services including identity and access management. While back in March , Accenture said it will acquire First Annapolis, a privately held payments consulting and advisory firm.Alan McIntyre, senior managing director, and head of Accenture’s Banking practice, says the acquisition “will enhance our capabilities in the payments sector”. Banking Technology Awards 2017 are now open for entry! Know any innovative products, inspirational projects, skilled teams or visionary leaders that deserve a special recognition this year? Nominate them for a Banking Technology Award! Deadline for submitting the nominations is 8 September 2017. Antony PeytonFollow Antony Peyton at @TonyBankingTech

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Expert Collections containing VERAX Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

VERAX Solutions is included in 3 Expert Collections, including Wealth Tech.

W

Wealth Tech

1,150 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

C

Capital Markets Tech

802 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

F

Fintech

3,251 items

Excludes US-based companies

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