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Banking & Financial Services
Build systems that build relationships
 
Cognizant has rich experience in offering a variety of IT solutions as part of Investment Management and private banking services. Cognizant has worked with several buy side firms covering the spectrum of Investment Management lines of business, such as:
 
  • Private Wealth Management
  • Mutual Funds
  • Institutional Asset Management
  • Hedge Funds
  • Separately Managed Accounts
  • Investment Advisors
  • Trusts
  • Third-party Service Providers
 
Cognizant has expertise in developing, implementing, and maintaining applications that cover a wide range of business processes and functions in the Investment Management area:
 
  • Sales, Marketing, and Client Prospecting
  • Financial Planning
  • Investment Advisory and Research
  • Portfolio Analytics
  • Portfolio Management
  • Order Management and Trade Communications
  • Transfer Agency
  • Investment Accounting
  • Performance Measurement and Attribution
  • Risk Management
  • Compliance
  • Corporate Actions and Reconciliation
  • Special Investment Products
  • Relationship Management, Client Servicing, and Delivery
  • New Account Opening and Account Aggregation
  • Client Reporting
  • Client Billing
  • Data and Interface Management
 
Cognizant also has significant maintenance and development expertise in third-party products, tools, and solution sets, some of which include ERI Bancaire Olympic, Finantix OneWealth, SunGard Invest One, SunGard OmniPay, SunGard Xamin, CharlesRiver ComplianceMaster, Wystar, CheckFree TradeFlow, Eagle PACE, and DataDynamics ActiveReports.
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.