09:31 AM EDT, 04/12/2024 (MT Newswires) -- BNY Mellon (BK) and Accenture ( ACN ) said Friday they will collaborate to modernize financial services offerings, with an initial focus on data management and analytics.

The companies are expecting to combine Accenture's ( ACN ) expertise with data, artificial intelligence and platform engineering with financial data and analytics supplied by BNY Mellon to introduce new technology services for use in private markets and wealth management, they said.

Financial terms were not disclosed.

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