Accenture has collaborated with British benchmarking provider Investit to develop a new business analytics service that will enable asset managers to benchmark and analyse their business performance.

The new service will offer industry research on a range of business issues such as client and product management, intelligent automation, cloud, big data, cyber security and analytics for portfolio management, as well as distribution and operations.

Investit team has joined Accenture’s asset management practice to develop the new proposition, which will be headed by Investit CEO Catherine Doherty.

Accenture senior managing director and head of global capital markets practice Owen Jelf said: “Under heavy regulatory and market pressures, the health and performance of business processes and technology will be a growing factor in the competitive landscape.

“By bringing leading benchmarking experts and capabilities to Accenture’s capital markets practice, we can help our clients compete in a fast evolving sector.”