Question

Which financial institution has partnered with Accenture to create a scalable and secure enterprise data lake platform, aiming to enhance its operational efficiency?

A Bank of Baroda Correct Answer Incorrect Answer
B Indian Overseas Bank Correct Answer Incorrect Answer
C Union Bank of India Correct Answer Incorrect Answer
D Karnataka Bank Correct Answer Incorrect Answer
E HDFC Bank Correct Answer Incorrect Answer

Solution

Union Bank of India has collaborated with Accenture to design and develop a scalable and secure enterprise data lake platform to boost its operational efficiency. This will also enhance its ability to offer customer-centric banking services and manage risk. Accenture will work with the Bank to build new Al and machine learning models that can help generate actionable insights for improved business forecasting, facilitate personalized offers for customers and enable intelligence for fraud detection, prevention, and mitigation.

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