LONDON – (BUSINESS WIRE) – January 11, 2022 –
Today, Acuity Knowledge Partners (Acuity), a leading provider of research, analytics and technology solutions dedicated to the financial services sector, reveals the company’s rapid growth in 2021, across its global businesses. Acuity now supports more than 400 banks, asset management, commercial banks and consulting firms. In 2021, the company saw a significant increase in new sales and more than 100 new establishments were added to its client list. In addition, Acuity now employs more than 4,200 employees globally, including in the United States, United Kingdom, India, Sri Lanka, China and Costa Rica.
“We had high hopes for what Acuity could achieve in 2021 and are pleased to say we outperformed our initial targets for 2021 and set ourselves up for even greater success this year,” said Robert King, CEO of Acuity Knowledge Partners. “We see a fundamental reshaping and acceleration of changing business practices and recruitment solutions in the global financial services industry. This comes in part from an industry that has demonstrated its ability to operate in a hybrid business environment. Despite many challenges, we have remained focused on how to best serve our global client base, Including through the evolution of our technology capabilities, as well as the growth of our analyst population. We start 2022 with the strongest we have ever seen.”
Acuity’s technology platform BEAT – tools for business excellence and automation – has been a major focus area for Acuity in 2021. Service solutions that power BEAT use a combination of automation technologies and skilled analysts to improve delivery times without compromising quality and accuracy. Launched in 2017, the BEAT initiative reached a milestone last year with more than 100 Acuity customers using customized digital apps and tools. In addition, BEATFlow, a proprietary workflow management tool, now has more than 8,000 users across 43 clients, and BEAT Edge, a consulting database (CDB) solution for more than 40 clients, is deployed.
The past year has seen Acuity honor some of its outstanding customer work and the company culture it has built. In February 2021, the BEAT Edge solution was awarded Best New Product in the Back/Middle Office category at the Box Intelligence Operations & Services Awards. Subsequently, in July 2021, Acuity was named Best Outsourcing Service Provider by WatersTechnology in its annual Waters ranking, which reflects fintech professionals’ view of vendors, consulting, and service providers. At the end of 2021, Acuity is also accredited in India by the global body for workplace culture, Great Place to Work. Craftsmanship focuses on employee health and well-being, and as the pandemic continues to evolve, it remains committed to making the right decisions for both employees and customers.
The human and commercial impact of the pandemic has been felt by everyone. In this environment, the financial services industry’s demand for outsourcing agile and high-value knowledge processes has increased exponentially. “We are seeing the highest customer retention numbers in our history, as we focus on investing in technology, people and operations. In 2022, we will continue to offer new services and capabilities, as we did in retail lending last year, and plan to expand our geographical presence further with new offices.”
About Knowledge Partners Ada
Equity Knowledge Partners is a leading research, analytics and business advisory firm for the financial services industry. The company’s network of analysts and industry experts, combined with advanced data and technology, supports more than 400 financial institutions and consulting firms worldwide to operate more efficiently and unleash their human capital, increase revenue and transform operations. It specializes in investment banking, investment research, private equity, advisory and commercial lending. Acuity is headquartered in London and operates from nine locations around the world. In 2019, the company was formed as a separate business from Moody’s Corporation through its acquisition from Equistone Partners.
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Contact: Gyanendra in Patti
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KEYWORD: UK Europe
Industry keyword: professional services data management technology finance banking consulting
Source: Acumen Knowledge Partners
Copyright Business Wire 2022.
Published: 01/11/2022 03:01 AM / Disc: 01/11/2022 03:02 AM
Copyright Business Wire 2022.