With unprecedented change in financial markets, global firms face huge challenges in making sense of consolidation and back-office operational issues. Cognizant can help. Our securities services provide clients with a full range of technical and business support, from alternative investments servicing to investment accounting and reporting.
In addition, we offer service maintenance and development expertise in third-party tools and IT solution sets.
The T2S platform creates a “pan-European domestic” market for securities settlement, with the objective of aligning costs of cross-border settlement with domestic settlement costs.
Creating a repository of rich, harmonized securities information is the best way to reduce costs, increase efficiency, reduce operating errors and ensure regulatory compliance.
The time is ripe to rewire and industrialize the basic reconciliation function, by using a viable service utility model.