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Banking & Financial Services
Build systems that build relationships
 

Cognizant's Investment Banking and Brokerage practice focuses on Investment Banking and sell side operations and offers a range of solutions across various functional areas from the Front Office to Prime Brokerage services.

 
  • Front Office
    Order management, trade execution and capture, loan syndication, deal structuring, and private placements
 
  • Middle Office
    Position consolidation, P&L reporting and control, trade matching and confirmations, and market and credit risk management
 
  • Back Office
    Clearing and settlement, collateral management, loan servicing, and cash management
 
  • Sales and Brokerage
    Commission management, billing, and sales reporting
 
  • Research
    Equity Research Portal
 
  • Exchange Operations
    Options exchange operation, market data feeds, and exchange gateways
 
  • Prime Brokerage
    Give-up trade processing and ECN connectivity
 

Cognizant's expertise spans the entire range of products and instruments including Equities, Fixed Income Products, Forex, Structured Products, Derivatives, Loans, and Treasury.

Cognizant also has an in-house developed trading platform NexSeries, targeted at broker-dealers and proprietary traders. NexSeries comprises NexSuite (Trading Applications), NexConnect (Connectivity Solutions), NexManagement (Order Management System), and NexServer (Trading Platform and Gateway Servers).

Cognizant has significant maintenance and development expertise in third-party products, tools, and solution sets, some of which include EUCLID, Mercury Equities Order Management System, Murex MX2000, SWIFTNet Fin, and Vantra (ADP).

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.