Accenture Awarded Contract to Plan and Oversee Changes to Wing Lung Bank, Big4.com Reports on Details

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Big4

(PRWEB) June 19, 2012

Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC, reports that a new core banking system that will power Wing Lung Bank’s deposits, loans, payments and customer servicing, will be overseen by Accenture.

Big4.com notes that Accenture will provide management consulting services to support Wing Lung Bank's initiative, which is designed to enhance customer service and help drive future growth.

Roger Yu, a senior executive at Accenture explains the changes:

“In the highly competitive Greater China retail banking market, banks need fully modernized operations and technology,” he says. “Our expertise in Asia’s banking environment and our experience with core systems will help the bank realize its strategic opportunities. We look forward to working with Wing Lung Bank to help build a more efficient and personalized experience for its customers.”

Core banking systems are sophisticated technology applications that support banks’ primary services – from deposit gathering, lending and mortgages to checking, savings, ATM and credit card services, and online and mobile banking. Wing Lung Bank, founded in 1933, is among the oldest local Chinese banks in Hong Kong.

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