NTT DATA to acquire CG to strengthen financial services biz

NTT DATA is set to acquire Carlisle & Gallagher Consulting Group (CG) that offers business and technology consulting services to the financial services industry.

With the acquisition, NTT DATA aims to strengthen its ability to provide full set of lifecycle consulting and IT services to financial institutions in North America and around the world.

“Today’s financial services companies are looking to grow revenue in a market with increasing regulatory demands and technology savvy customers. They need a partner that not only understands their industry and but can also deliver technology-enabled business outcomes,” said Bob Gallagher, president and CEO of CG.


NTT DATA has more than $4 billion in financial services industry revenue from clients around the world and it’s the largest segment of its global business.

John McCain, CEO of NTT DATA, said: “CG supplements our portfolio with financial services industry expertise and consulting services and adds blue-chip clients that include 7 of the 10 largest banks in North America.”

NTT DATA has 76,000 professionals based in over 40 countries.

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