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Accelirate - Digital Banking Services

Vendor Analysis

by Andy Efstathiou

published on Nov 08, 2021

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Report Overview:

This NelsonHall vendor assessment analyzes Accelirate's offerings and capabilities in Digital Banking Services.

Who is this Report for:

NelsonHall’s ‘Digital Banking Services: Transforming the Financial Services Industry’ Vendor Assessment for Accelirate is a comprehensive assessment of Accelirate’s banking industry digital services offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of digital processes and identifying vendor suitability for digital services RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of digital services offerings, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphases and new developments
  • Analysis of the company’s strengths, weaknesses and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

Accelirate was founded to provide enterprises with robotic process automation services. The founders had been consultants to the financial services industry. The firm began operations in 2017 and delivers service to clients based in North America. The first engagements came from clients in the asset management industry who needed to automate their loan processing operations. Succeeding engagements included the automation of processes for retirement accounts and customer support services.

Over time Accelirate has added services for consumer banking and commercial banking processes. In February 2020, Accelirate launched an enterprise managed services offering for commercial RPA environments. The service provides monitoring, support, and management of the Bot infrastructure through their Robotic Operations Center (ROC).  

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