{"id":871569,"date":"2025-08-06T10:30:45","date_gmt":"2025-08-06T14:30:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-snorkel-ai-to-help-financial-services-firms-transform-data-into-ai-solutions\/"},"modified":"2025-08-06T10:30:45","modified_gmt":"2025-08-06T14:30:45","slug":"accenture-invests-in-snorkel-ai-to-help-financial-services-firms-transform-data-into-ai-solutions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-snorkel-ai-to-help-financial-services-firms-transform-data-into-ai-solutions\/","title":{"rendered":"Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions"},"content":{"rendered":"

<\/p>\n

Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nAccenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures<\/a>, in Snorkel AI<\/a> to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250806378479\/en\/<\/a><\/p>\n

\"Accenture<\/p>\n

Accenture has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models.<\/p>\n<\/div>\n

\nDesigned for the era of agentic AI, Snorkel\u2019s flagship platform uses automation and repeatable workflows to transform disparate, siloed data and domain knowledge into high-quality data used for training and evaluating AI models. Its data-centric approach allows for faster, safer deployment of AI systems, especially in complex and regulated environments. Accenture and Snorkel AI will also collaborate to build tailored, industry-specific solutions that enable enterprises to use best-in-class training data to build AI solutions at scale, with an initial focus on the financial services industry.<\/p>\n

\n\u201cOur clients are looking to harness AI in ways that are fast, secure, and aligned to real business outcomes,\u201d said Tom Lounibos, global lead for Accenture Ventures. \u201cSnorkel\u2019s unique approach solves one of the most persistent pain points in AI development\u2014high-quality datasets for training and evaluation of AI models. This investment can help our clients move from experimentation to impact more quickly.\u201d<\/p>\n

\nJared Rorrer, Accenture\u2019s Americas Banking & Capital Markets industry lead, said: \u201cAs banks accelerate their adoption of AI, the ability to generate high-quality, accurate insights from disparate data sources has become a strategic imperative. Yet unlocking business value remains challenging, as financial institutions often struggle with correctly interpreting and labeling their data. Snorkel addresses this gap by enabling organizations to embed expert knowledge directly into the AI development process, with its advanced data preparation platform streamlining the curation and delivery of AI-ready data, allowing banks to build more accurate, scalable, and secure AI solutions.\u201d<\/p>\n

\n\u201cThis partnership marks a major milestone in our mission to make data-centric AI the foundation of enterprise innovation,\u201d said Alex Ratner, Co-founder and CEO of Snorkel AI. \u201cAs momentum builds around agentic AI, most enterprises still lack the domain-specific data and expertise needed to move from prototype to production. By combining Snorkel\u2019s unified AI data development stack with Accenture\u2019s enterprise reach and AI strategy, we\u2019re enabling organizations\u2014starting with financial services\u2014to build and deploy specialized AI systems with confidence and speed.\u201d<\/p>\n

\nSnorkel AI will also join Accenture Ventures\u2019 Project Spotlight<\/a>, a vertical accelerator for data and AI companies. Project Spotlight offers extensive access to Accenture\u2019s domain expertise and its enterprise clients, helping startups harness creativity and deliver on the promise of their technology.<\/p>\n

\nTerms of the investment were not disclosed.<\/p>\n

About Accenture
\n
<\/b>Accenture is a leading global professional services company that helps the world\u2019s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services\u2014creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world\u2019s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360\u00b0 value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360\u00b0 value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com<\/a>.<\/p>\n

About Snorkel
\n
<\/b>Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Expert Data-as-a-Service and Snorkel Enterprise AI, accelerate evaluation and tuning of specialized AI systems with expert data\u2014helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY and Experian, as well by the U.S. government. Learn more at snorkel.ai<\/a> and follow us on LinkedIn<\/a> and X<\/a>.<\/p>\n

\nCopyright \u00a9 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250806378479\/en\/<\/a><\/span><\/p>\n

\nKeerthi Goutham
\n
Accenture
\n
keerthi.goutham@accenture.com
\n<\/a><\/p>\n

Michael McGinn
\n
Accenture
\n
+1 312 693 5707
\n
m.mcginn@accenture.com
\n
<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Apps\/Applications Technology Finance Fintech Banking Professional Services Small Business Start-Up Data Management Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Accenture has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models.<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions NEW YORK–(BUSINESS WIRE)– Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250806378479\/en\/ Accenture has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. Designed for the era of agentic AI, Snorkel\u2019s flagship platform uses automation and repeatable workflows to transform disparate, siloed data and domain knowledge into high-quality … <\/p>\n

Continue reading “Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-871569","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAccenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-snorkel-ai-to-help-financial-services-firms-transform-data-into-ai-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Accenture Invests in Snorkel AI to Help Financial Services Firms Transform Data into AI Solutions NEW YORK–(BUSINESS WIRE)– Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250806378479\/en\/ Accenture has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. 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