Thursday, May 14, 2009

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Cognizant strikes partnership with Temenos

NASDAQ listed IT services provider Cognizant has signed a global strategic partnership with Temenos, a Swiss banking software company, to enhance service and delivery capabilities for Temenos’ core banking product T24.

Typically, implementing a banking software solution involves an IT and business consultant who work with the client on system integration and management. Temenos, whose core competency lies in banking software development, will be able to offer implementation services to its global clients, who would otherwise employ an IT consultant for the purpose. Cognizant and Temenos will work together on projects, but the latter will maintain the content and IP.

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