PwC US and Pneuron Form Joint Business Relationship, Big4.com Reports

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Big Data Integration Solutions for Financial Services Planned

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Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports PwC US has announced a new strategic business relationship with Pneuron Corporation (Pneuron) that will enable financial institutions to integrate and package multiple legacy data sources or applications in a more efficient and cost effective way than traditional or interim solutions provide.

Big4.com reports that PwC will work with Pneuron's new distributed technology platform, which will provide ground-breaking data solutions for financial services institutions.

Big4.com also notes that PwC and Pneuron’s first product in a planned portfolio of solutions will address data extraction, normalization and reporting – challenges that plague the financial services industry. Specifically, the product will help organizations meet a number of the requirements for the Foreign Account Tax Compliance Act (FATCA), such as pre-existing account due diligence.

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Kristy Short
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