Accenture has signed five-year outsourcing agreements with both Banco Popolare Group and Alba Leasing under which Accenture will provide application management and infrastructure services to support the two companies’ leasing operations. Banco Popolare is Italy's fourth largest bank by assets and Alba Leasing is among the country's top 10 leasing companies by new contracts.

“Banco Popolare and Alba are valued clients of Accenture and we look forward to working even more closely with them”

.In addition, under a separate agreement, Accenture will acquire Itaca Service from Banco Popolare Group’s subsidiary, Banca Italease. Itaca Service provides IT services to the Group’s leasing companies and to Alba Leasing. Thirty-three employees are expected to transfer to Accenture and will continue to provide IT services to Banco Popolare’s leasing companies and to Alba. Financial details were not disclosed.

Accenture will develop, maintain and support Banco Popolare’s and Alba’s entire leasing applications portfolio, including leasing products management and regulatory reporting applications. Accenture will also manage the IT infrastructure for these companies’ leasing operations, including remote management and support, data center operations, network and deskside support services.