Accenture Credit Agreement

Mortgage Cadence, headquartered in Denver, Colorado, is a privately held company that provides software solutions to lend to large and medium-scale mortgage lenders in the United States. The software portfolio supports granting, processing, underwriting, closing, and post-closing with cloud-based, software-as-a-service (SaaS), and cloud-based solutions. Mortgage Cadence also offers electronic mortgage document management systems and imaging solutions. The company`s approximately 190 employees in the U.S. will join Accenture Software as part of the agreement. HOUSTON – July 17, 2020 – Halliburton (NYSE: HAL), Microsoft Corp. (Nasdaq: MSFT) and Accenture (NYSE: ACN) today announced that they have entered into a five-year strategic agreement to develop Halliburton`s digital capabilities in Microsoft Azure. Accenture and Sopra Steria have entered into a four-year joint agreement to support French claims and accident insurer Covéa in its financial transformation program. NOTE: During this pre-closing phase, Accenture and Zenta will continue to act independently of each other. As of that date, the parties have signed only one agreement and the conclusion is subject to a number of closing conditions that may or may not be met. Zenta employees will continue to be Zenta employees and will not be Accenture employees until graduation. As part of the agreement, Halliburton will complete its move to cloud-based digital platforms and strengthen its client offering with: Elena Mazzotti Lead, Accenture Credit Services in Europe, Africa and Latin America Elena leads Accenture credit services in Europe, Africa and Latin America, where it offers institutions in the residential mortgage areas, business credit, consumer finance and leasing of tailor-made consulting and systems integration solutions.

Elena is also head of Italian banking practices at Accenture, which handles major banking groups in Italy and emerging markets such as Turkey, Poland and the Czech Republic. She has over 14 years of experience advising global banks and credit institutions on market trends, business transformation and solutions for redesigning service models along the credit value chain. Accenture is a global services leader that offers a wide range of services in the areas of strategy and consulting, interactive, technology and operations with digital capabilities for all of these services. We combine unparalleled experience and specialized skills in more than 40 industries, powered by the world`s largest network of advanced operations centers and intelligent operations. With 513,000 employees working with clients in more than 120 countries, Accenture delivers continuous innovation to help clients improve performance and create lasting value in their businesses. Visit us in www.accenture.com. The agreement also enables the migration of all Halliburton physical data centers to Azure, which offers enterprise-class cloud services globally and offers sustainability benefits. Accenture will work closely with Microsoft, in conjunction with its joint venture Avanade, to transform Halliburton`s digital skills and critical applications to Azure. Accenture will use its global cloud migration framework, which brings together industrialized functions with proprietary tools, methods, and automations to accelerate the migration of Halliburton`s data center and provide additional transformation opportunities.

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