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Banking & Financial Services
Build systems that build relationships
 
Cognizant has implemented several solutions for leading Retail Banking institutions. Over the years, we have developed deep Retail Banking expertise. We offer solutions in the following areas:
 
  • Branch Banking – Account opening and maintenance, retail investment services, and branch network strategy
  • Deposit Products – Cash and deposit processing and volume allocation
  • Teller Services – Maintaining teller banking information, ATM fraud detection, and processing of overdrafts
  • Online Banking – Account management, EBPP, and investments
  • Customer Care – Datamarts (Customer value management and retail profitability)
 
From TouchPoint to Base24, Cognizant has developed expertise in products spanning multiple functional areas within the Retail Banking.
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.