Data and AI for Financial Services

Banks and financial institutions are making strides with artificial intelligence -- but they've been slow to scale it. Here are four steps to realize AI's full potential throughout the enterprise.

Close the AI action gap in financial services

Financial institutions are making strides with artificial intelligence—but they’ve been slow to scale it. Here are four steps to realize AI’s full potential throughout the enterprise.

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<h3><span class="text-regular">Build a foundation for decision-making that is always looking ahead.</span></h3> <h5>Successful financial institutions are shifting from systems based on historical data to new digital models that use machine learning and AI to distill data from multiple sources. They can help companies more easily launch personalized offerings, drive customer acquisition and create superior experiences.</h5> <h5>At Cognizant, we leverage our skills with AI and machine learning so you can make better decisions using the data that really matters. Our Data and AI for Financial Services offering includes:</h5> <h5><ul> <li>A customized reference architecture<br> </li> <li>Accelerators to drive new business value using AI and machine learning</li> <li>An agile team accustomed to producing great outcomes, faster</li> </ul> </h5> <h5>Learn more about Cognizant’s <a href="/content/cognizant-dot-com/us/en/industries/banking-technology-solutions.html" target="_self" rel="noopener noreferrer">Banking</a> and <a href="/content/cognizant-dot-com/us/en/industries/capital-markets-technology-solutions.html" target="_self" rel="noopener noreferrer">Capital Markets</a> solutions for your business.</h5>

Solve data challenges

Develop an intelligent tagging strategy to provide context needed to organize your data. Reduce costs, mitigate risk and accelerate modernization.

Accelerate AI with purpose

Minimize risk with our rich arsenal of accelerators, tools and frameworks. Co-create with us to produce great outcomes, faster.

Transform data to action

Modernize your business quickly by making data easily accessible. Become more data-driven by leveraging AI to solve business problems.

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ADDITIONAL CAPABILITIES

<h3>Supporting service capabilities</h3>

Cognizant Data Strategy Roadmap and Rollout

Establish sustainable infrastructure

Asset managers have significant amounts of data. Pairing it with strong data management strategy and governance builds a foundation for the simplicity and personalization investors demand.

Partner with Cognizant to develop a data strategy for your organization that is cloud-based and enables data-driven decisions for investment processes and operational tracking.

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Cognizant Data Integrity and Control

Ensure quality, compliance and trust

To achieve true data integrity, financial institutions must empower the back office to take on the growing volume and complexity of trade and transactional data, as well as move beyond fragmented legacy systems and time-consuming manual reporting and reconciliation processes.

Leverage the expertise, services and partnerships of Cognizant Data Integrity and Control to reimagine post-trade through multiple engagement models, seamless data integration, data migration capabilities and more.

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Take the first step

Serving customers by looking forward as well as back is a big promise, but the power of today’s new digital capabilities is vast and growing.

Let’s talk about how digital can work for your business.

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