BCC Iccrea Group, Italy's largest cooperative banking group, and Accenture have signed a partnership agreement to support the Group's IT transformation within the framework of the broader IT reinvention plan devised by BCC Sistemi Informatici.
This plan, which includes an investment program of over €300 million over the next three years, aims to accelerate the transformation initiated with the establishment of the Group. The objective is to provide improved levels of service for the 114 BCC member banks and other subsidiaries, thereby offering members and customers services that are increasingly secure, efficient, innovative and user-friendly.
Specifically, the new Group IT plan covers improvement and modernization of key core banking applications, the further expansion of products and services available through digital channels, and the acceleration of its AI strategy program.
In this context, the partnership agreement with Accenture, which also involves Accenture acquiring an equity stake in BCC Sistemi Informatici, focuses on digital platforms, core systems (including customer records, current accounts and settlements), and BCC’s data platform. Additionally, Accenture will contribute to improving BCC’s infrastructure and developing a new service model designed to enhance its security and resilience levels.
Mauro 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."
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. By implementing cutting-edge technologies such as cloud computing, artificial intelligence and advanced data analytics, and by leveraging human expertise, we are enabling a profound transformation of the Group's core systems. This will enhance operational efficiency and accelerate process automation. 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."
