Accenture to buy majority stake in Brazilian mortgage processing firm

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Accenture (ACN) inked a deal to buy a majority stake in Vivere Brasil Servios e Solues S.A. (Vivere Brasil), a mortgage processing tech firm partly owned by BTG Pactual.

Global consulting and outsourcing firm Accenture PLC picked up a majority stake in Vivere Brasil Servicos e Solucoes SA, a Brazilian mortgage processor part-owned by BTG Pactual that provides a.

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SAO PAULO; Sep. 16, 2013 – Accenture (NYSE: ACN) has agreed to acquire a majority stake in Vivere Brasil Servios e Solues S.A. (Vivere Brasil), a leading mortgage-processing technology company, partly owned by BTG Pactual. The acquisition is designed to expand Accenture’s mortgage-processing technology and services capabilities to help Brazilian banks increase their efficiencies and capacity for processing loans in the country’s rapidly expanding mortgage market.

Accenture Plc (NYSE:ACN): Current price $77.01 Accenture will purchase a majority interest in the mortgage-processing tech firm Vivere. about $300 million and a 29 percent equity stake in the.

Mortgage Cadence provides documentation as well as loan origination. The backdrop to today’s news is that in August 2011, Accenture bought Dallas mortgage processing company Zenta and began offering business process outsourcing to banks that no longer wanted to handle all the grunt work behind mortgages.

Yet despite these serious risks, companies continue to flock to Brazil. Larry Harding, president of High Street Partners, an international business-services firm that advises companies on overseas.

Accenture Interactive has expanded its on the ground presence in Tokyo by taking a majority stake in IMJ Corporation. The organisations will leverage each other’s strengths to provide an end-to-end digital services solution for the regional market. IMJ Corporation (IMJ) was established in 1996 and.

General Electric Co said it would sell its $5.9 billion portfolio of UK home loans to an investment consortium led by Blackstone Group LP, as it exits its UK mortgage business. ** Private equity firm.

Accenture to buy majority stake in Brazilian mortgage processing firm Accenture has the knowledge, experience and capabilities to help mortgage originators satisfy the demands of more stringent regulations. Accenture Credit Services provides a full suite of market-leading processing, management consulting and technology integration capabilities.