Accenture plc (NYSE:ACN) on Monday disclosed that it has invested in GoUpscale through its investment arm, Accenture Ventures.
GoUpscale is a content engagement technology firm focused on enhancing digital communication and client engagement for wealth management companies across Asia.
The technology leverages AI-driven technology to revolutionize the creation and delivery of traditional content, such as brochures, fact sheets, and market insights.
This move aims to support firms in transforming their client interaction strategies and strengthening their digital presence.
Notably, as per Accenture's recent research, wealth management firms in Asia are targeting a significant expansion, aiming to nearly double their assets under management (AUM) to around $260 trillion by 2026.
Also, about 95% of this projected growth is expected to be driven by relationship management professionals. Together, the companies aim to empower wealth management firms to deliver more relevant, personalized communications and create meaningful, client-centric experiences.
Accenture's research further indicates that such targeted and accessible content could drive a 6%–8% annual revenue increase for wealth management firms—potentially translating into tens of millions of dollars in additional income.
David Wilson, who leads Accenture's wealth management practice in Asia, said, "Engagement through virtual touchpoints is key for an increasingly connected, digitally native client base. With relationship managers remaining one of the most important channels for clients, firms need to scale human touch without scaling cost."
Last week, the company teamed up with Italian shipbuilding company Fincantieri SpA to create a tech-driven joint venture designed to advance digital transformation within the shipbuilding and port logistics sectors.
Last month, Accenture posted second-quarter 2025 earnings of $2.82 per share, slightly above the consensus of $2.81. The company reported sales of $16.66 billion, almost in line with the consensus of $16.62 billion and management guidance of $16.2 billion–$16.8 billion.
Investors can gain exposure to the stock via Trust for Professional Managers Jensen Quality Growth ETF (JGRW) and SPDR Series Trust SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSE:SPDG).
Price Action: ACN shares are up 0.60% at $286.04 premarket at the last check Monday.
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