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Accenture Invests in Lyzr to Bring Agentic AI to Banking and Insurance Companies

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Accenture Invests in Lyzr to Bring Agentic AI to Banking and Insurance Companies
News

News

Accenture Invests in Lyzr to Bring Agentic AI to Banking and Insurance Companies

2025-10-29 21:14 Last Updated At:21:20

NEW YORK--(BUSINESS WIRE)--Oct 29, 2025--

Accenture (NYSE: ACN) is investing in Lyzr, an AI company that has developed a full-stack enterprise agent infrastructure platform. As part of this investment, made through Accenture Ventures, Lyzr will collaborate with Accenture to bring agentic AI to banking, insurance and financial services companies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251029065979/en/

Lyzr’s Agent Studio platform is built for both professional developers and no-code business users, enabling them to build secure, reliable AI agents that seamlessly integrate into workflows. The agents can automate tasks, share analysis and insights and improve productivity through streamlined operations. With guardrails built in, companies can easily ensure that AI agents meet compliance and regulatory requirements.

For example, insurance companies can build an agentic AI system that will automate customer support, claims processing, policy renewals, endorsements, and mid-term policy changes for customers. Banks can build AI agents that auto approve loans, fast-track customer onboarding, automate GRC audits, helping banks operate faster and more efficiently.

“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. Its responsible AI features enable agents to drive value while effectively navigating the complexities of heavily regulated industries."

With the integration of Lyzr’s AI-driven tools, Accenture can offer clients innovative solutions that help uncover and support new ways of working, setting a path for companies to reimagine how they serve their customers.

“Our goal is to help our clients overcome one of the biggest challenges in agentic AI: moving from experimentation to production and scaling,” said Siva Surendira, CEO, Lyzr. “This investment from Accenture Ventures will help us expand our resources and reach so that enterprise clients can build and add AI agents to their workforce reliably.”

Lyzr will also join Accenture Ventures’ Project Spotlight, a vertical accelerator for data and AI companies. Project Spotlight offers extensive access to Accenture’s domain expertise and its enterprise clients, helping startups harness creativity and deliver on the promise of their technology. The company is also a graduate of the FinTech Innovation Lab New York, a 12-week program co-founded and co-run by Accenture and the Partnership Fund for New York City.

Terms of the investment were not disclosed.

About Accenture
Accenture is a leading solutions and global professional services company that helps the world’s leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together the talent of our approximately 779,000 people, our proprietary assets and platforms, and deep ecosystem relationships. Our strategy is to be the reinvention partner of choice for our clients and to be the most AI-enabled, client-focused, great place to work in the world. Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients. Our purpose is to deliver on the promise of technology and human ingenuity, and we measure our success by the 360° value we create for all our stakeholders. Visit us at accenture.com.

About Lyzr
Lyzr is the full-stack agent infrastructure platform that enables enterprises to build, govern, and deploy a secure, autonomous AI workforce. Lyzr provides the "Third Way" for enterprise AI, combining the flexibility of open-source with the security of a managed platform, all within the customer's own environment to ensure 100% data privacy and IP ownership.

Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

Accenture is investing in Lyzr, an AI company that has developed a full-stack enterprise agent infrastructure platform.

Accenture is investing in Lyzr, an AI company that has developed a full-stack enterprise agent infrastructure platform.

U.S. President Donald Trump said the military could end its Iran offensive in two to three weeks and will shift responsibility for the Strait of Hormuz to countries that rely on it for oil and shipping as the White House announced a prime-time presidential address Wednesday evening on the war.

Trump expressed frustration Tuesday with allies who have been unwilling to do more to support the U.S. war effort, telling them to “go get your own oil.” Trump recently has vacillated between insisting there is progress in diplomatic talks with Iran and threatening to widen the war.

He said the U.S. “will not have anything to do with” what happens next in the vital waterway that has been closed by the Islamic Republic. Instead, he told reporters, the responsibility for keeping the strait open will rest with countries that rely on it. Gulf states rely on the waterway for both exports and imports, including food, and 20 percent of the world's oil supply flows through it.

U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war continues to push fuel prices higher worldwide. Analysts say those high fuel costs will trickle into groceries as businesses’ transportation and packaging costs pile up.

Here is the latest:

Iran’s foreign minister has acknowledged receiving direct messages from U.S. Mideast envoy Steve Witkoff.

The comments by Abbas Araghchi came in an interview with pan-Arab broadcaster Al Jazeera aired late Tuesday. He insisted that the messages didn’t constitute negotiations.

U.S. President Donald Trump has repeatedly described Iran and America has having talks over the war, while Pakistan has been a key intermediary along with Egypt and Turkey during the conflict.

“I receive messages from Witkoff directly, as before, and this does not mean that we are in negotiations,” he said.

He added: “We do not have any faith that negotiations with the U.S. will yield any results. The trust level is at zero.”

Asked about a possible ground offensive by the U.S., Araghchi said “we are waiting for them.”

“We know very well how to defend ourselves,” Araghchi reportedly told the Qatar-based broadcaster. “In a ground war, we can do it even better. We are completely ready to confront any sort of ground attack. We hope they do not make such a mistake.”

Lebanon’s Health Ministry said in a preliminary count early Wednesday 21 people were also wounded in the strike in Jnah.

The strike came without warning, and Israel did not declare the target. When it does, it often says it is targeting operatives from the Hezbollah militant group.

Emergency workers rushed to the scene to search for victims.

Israel’s military warned the public Wednesday a missile was incoming from Yemen, yet another attack from the country’s Houthi rebels who have just entered the war on Iran’s side.

Air raid sirens went off in southern Israel, from Beersheba to the Mediterranean coast.

The warning, just around dawn, broke a long lull, more than 19 hours since the last time Israel’s military warned of an incoming missile launch from Iran, and more than six hours from the last alarms in the northern part of Israel, which in past days received near-constant fire from Hezbollah in Lebanon.

A drone attack by Iran and its allies hit a fuel tank at Kuwait International Airport, sparking a fire, authorities said.

The state-run KUNA news agency said the attack early Wednesday sparked a “large fire” at the airport.

It said there were no immediate injuries from the attack and firefighters were working to control the blaze.

Kuwait International Airport has been attacked before by Iran during the war. The KUNA report suggested the attack may have been launched by Iranian-supported militias in Iraq with Tehran’s support.

In another strike, Bahrain said early on Wednesday morning that it was working to extinguish a fire at a business facility that resulted from an Iranian attack.

Israel said early Wednesday it struck a plant supplying Iran’s theocracy with fentanyl, a powerful synthetic opioid, to allegedly use in a chemical weapons program. Iran acknowledged the strike on Tofigh Daru factory, but insisted it only supplied “hospital drugs” used in medical operations.

The strike happened Tuesday, both the Israelis and the Iranians said.

Iranian Foreign Minister Abbas Araghchi posted a picture of the factory in Tehran, writing on X: “The war criminals in Israel are now openly and unashamedly bombing pharmaceutical companies.”

Hospitals extensively use fentanyl to treat severe pain. But a small amount of the drug can be fatal.

Both Israel and the United States have warned in recent years Iran was experimenting with fentanyl in munitions. The U.S. previously pointed to Iranian academic research studying how Russia likely used a fentanyl derivative during the 2002 Moscow theater hostage seizure by Chechen militants.

Israel alleged Tofigh Daru supplied fentanyl to an advanced research institute in Tehran, known by its acronym SPND. The U.S alleges SPND has conducted research and testing that could be applicable to the development of nuclear explosive devices and other weapons.

The United Arab Emirates has barred Iranians from entering or transiting the country as the war rages, three major airlines said Wednesday.

Long-haul carriers Emirates and Etihad, as well as the lower-cost airline FlyDubai, made the announcements on their websites.

Entry rules can sometimes be opaque in the autocratic United Arab Emirates, a federation of seven sheikhdoms, the three airlines agreed on the order. It said holders of 10-year Golden Visa residency permits could still enter the country.

Authorities have offered no official comment. But Dubai has already shut down the city-state’s Iranian Hospital and Iranian Club, institutions that date back to the time of the shah.

Residents and Israeli security forces inspect a site struck by an Iranian missile in Petah Tikva, Israel, Tuesday, March 31, 2026. (AP Photo/Ohad Zwigenberg)

Residents and Israeli security forces inspect a site struck by an Iranian missile in Petah Tikva, Israel, Tuesday, March 31, 2026. (AP Photo/Ohad Zwigenberg)

A man inspect the wreckage of an Iranian missile that landed near the West Bank village of Marda, Tuesday, March 31, 2026. (AP Photo/Majdi Mohammed)

A man inspect the wreckage of an Iranian missile that landed near the West Bank village of Marda, Tuesday, March 31, 2026. (AP Photo/Majdi Mohammed)

Smoke rises after an Israeli airstrike hits a building near the airport road in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Hussein Malla)

Smoke rises after an Israeli airstrike hits a building near the airport road in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Hussein Malla)

A family who fled Israeli shelling in southern Lebanon warm themselves by a bonfire next to tents used as shelters in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Emilio Morenatti)

A family who fled Israeli shelling in southern Lebanon warm themselves by a bonfire next to tents used as shelters in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Emilio Morenatti)

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