Deloitte announced the launch of InvestAcceleration, a new suite of solutions designed for the investment management industry. It is an industry-specific approach to implementing Workday Financial Management.
InvestAcceleration helps investment management firms address risks and challenges like agility, complex workflows, and disparate data models. And with InvestAcceleration, companies can implement Workday Financial Management faster, obtain real-time data for greater business insight, and gain augmented industry-specific capabilities like digitally enabled processes for fund reimbursables and accounts payables and receivables. By utilizing the industry-specific solution use cases, digital transformation practices, and cloud-migration tools delivered by Deloitte and Workday, joint customers can speed their time to value.
InvestAcceleration joins InsureAcceleration as the latest in Deloitte’s collection of Industry Accelerators from Workday, which was specifically built for the financial services industry. These accelerators are created to help companies to standardize their data models, laying the foundation for delivering greater business insight, enhancing cost transparency, and advancing artificial intelligence and Generative AI solutions.
As a globally recognized leader in consulting and Workday services, Deloitte helps businesses impact the value of Workday’s platform to drive business impact. And it also offers application management services (AMS) and business process services (BPS) capabilities that help investment management, insurance and other types of financial services companies to optimize their platforms beyond the initial implementation.
KEY QUOTES:
“Our industry accelerator from Workday, InvestAcceleration, helps set our joint clients up for future success by enabling them to invest in growing and expanding the business and the level of services they provide to their customers. It also provides clients with a platform for modernizing operations and creating built-in financial discipline so they can leverage transformative solutions for managing their finances and workforce.”
- Julia Cloud, partner, Deloitte Tax LLP and Global Investment Management leader
“Workday Industry Accelerators help solve the most critical challenges for finance professionals, at speed. InvestAcceleration with Deloitte is the latest example of combining the power of the Workday platform and the experience of our alliance ecosystem to help customers evolve their businesses to keep pace in a changing world.”
- Sophie Sharp, senior vice president, Global Industries and Value Management, Workday
“We chose Workday because of the scalability and agility of its platform that allowed us to integrate all of our entities, including recent acquisitions, onto a single finance platform. Deloitte’s understanding of the unique characteristics of the investment management industry coupled with their knowledge of the Workday platform and ecosystem, and business transformation capability helped us complete the implementation on time with confidence.”
- Robert deLeon, VP and head of Finance Effectiveness at Franklin Templeton
