BEC and Accenture enters partnership for managed services

BEC Financial Technologies and Accenture have signed a 10-year strategic partnership for managed IT services creating efficiencies and eliminating risks on legacy systems. The partnership will also focus on advanced technology platforms in the capital markets and regulatory reporting areas that will continue to be a central part of the BEC technology foundation.

“BEC is transforming into a leading fintech integrator for Danish banks. We are focusing BEC on integrating new technologies into our full-service banking platform, while partnering with Accenture to efficiently manage many existing services and future-proof important platforms,” says Jesper Nielsen, CEO of BEC Financial Technologies.

“In addition, establishing a strong partnership between Accenture and BEC brings a wealth of options to the table, potentially also in other parts of BEC’s transformation,” Jesper Nielsen says.

16% of the BEC system portfolio to be transferred

The new partnership has a baseline value of over 800 million DKK over 10 years for managing approximately 16% of the BEC banking platform. Together with the system portfolio, 80-100 specialists and leaders from BEC in Denmark and Poland will transfer to Accenture over the course of 2025.

“BEC Financial Technologies is a leading provider to the banking industry, and we look forward to contributing our technology and financial services expertise towards further advancing and enhancing the services BEC delivers to its customers. We also look forward to welcoming new colleagues from BEC to our international community of highly skilled IT specialists,” says Carsten Sachmann, managing director of Accenture in the Nordic region.

BEC and Accenture will ensure that transition for systems and employes is handled professionally and smooth with minimal impact on the customers of BEC.

The Accenture partnership is BEC’s largest agreement ever with a non-related company, only surpassed by BEC’s longstanding operations partnership with co-owned subsidiary JN Data.

BEC Financial Technologies is owned by 17 customer banks including Nykredit, Spar Nord, and Arbejdernes Landsbank, serving approximately 25% of the Danish bank market.