Cognizant - Passion for building stronger businesses   
 
Home About Us Solutions Insights News & Events   Careers Investors Contacts
  Business Application Services
  Industry Services
  Solution Frameworks
  Our Partners
  Client List
Banking & Financial Services
Build systems that build relationships
 
We have worked with some of the largest financial institutions in the Consumer Lending business and have successfully implemented several solutions in the predominant areas of this industry sector:
 
  • Mortgages
  • Auto Loans
  • Education Loans
 

Cognizant has provided solutions for Application Development, Product Implementation, Re-Engineering, and Application Maintenance. We also have experience in delivering value added services for the Development and Maintenance, as well as IT Enabled Services.

The Mortgages value chain involves Loan Production, Loan Servicing, and Secondary Marketing. Working with some of the top names in financial services, Cognizant has gained significant expertise in almost all the areas of the mortgage value chain, especially in Loan Production and Loan Servicing.

We've also worked with large auto finance companies and provided them with value-added services in different technological areas. As part of the solution offerings for Federal and private Student Loan services in the U.S., Cognizant has provided services that span all the business processes and functions included in the Student Loan value chain.

Tower Group® estimates Derivatives-related IT budgets at sell-side firms are growing at 12-15% annually, compared with 3-5% for Equities and Fixed Income.