How can professional services take advantage of the digital revolution to…


Bring down the walls that slow innovation?

By creating the standards that will open our industry to new ideas and innovation.

Take on the changing needs of society today?

By addressing the full scope, depth and frequency of the work that’s needed to build real assurance.

Be more agile and responsive?

By applying technology to respond to and serve our clients needs in the ways they demand. 

The catalyst we need:

An industry definition for data:
The Common Data Model

An industry-standard platform that can interrogate client systems:
The Common Data Layer

A single place for businesses to access the services they need:
The Common Marketplace

How do we do that?

See how professional services can be transformed.

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How will it work?

Taking on a challenge like this requires our industry, partners and regulators to come together with the innovators and startups that will drive change.

Only together can we create the standards, the platforms and the marketplaces that will shape our future.

It’s a change that will take root in the accounting sector first, but should quickly grow to enhance all forms of professional services.

How Engine B will enable the transformation of the industry.

We’ll help drive greater automation of the tasks and functions delivered by the professional services industry today. But it won’t stop there. These new standards and the sharing of systems will open up the market to new innovators and service providers.

How we’re going to build it

We’ll need to work across the industry and beyond, combining the tools and technologies that exist today with new innovations such as Artificial Intelligence. By combining the best minds in our industry with the best from the technology sector we can create a single industry-wide platform that will allows us all to reach further.

How would it work in practice?

Let’s look at a use-case scenario, first showing the theory of what would be possible and how it would benefit all parties, and then taking this example further with a visualisation of an application that could be built on a Common Data Model.

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