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Investing.com -- Accenture plc (NYSE:ACN) has announced an investment via Accenture Ventures in Lyzr, an AI company that has developed an enterprise agent infrastructure platform.
Lyzr is partnering with Accenture to bring agentic AI solutions to banking, insurance and financial services. Lyzr’s Agent Studio platform enables both professional developers and non-technical business users to build AI agents that can automate tasks and integrate into existing workflows.
According to Accenture, the platform could help insurance companies automate customer support and claims processing, while banks could use AI agents to approve loans and streamline customer onboarding.
"Agentic AI represents the next frontier in financial services firms’ efforts to adopt and scale AI," said Kenneth Saldanha, global lead for Accenture’s Insurance industry practice. "Lyzr’s platform lets companies create secure, explainable and compliant AI agents that can automate decisions across workflows, helping to modernize slow manual processes and enhance operational efficiency."
Lyzr will join Accenture Ventures’ Project Spotlight, a vertical accelerator program that provides AI companies with access to Accenture’s domain expertise and enterprise clients. The company is also a graduate of the FinTech Innovation Lab New York, a program co-founded by Accenture.
The financial terms of the investment were not disclosed.
ACN stock was down 2% Wednesday.
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