CONNECT WITH US
Fintech

Fintech

Cognizant and EBRD Partner to Accelerate Digital Transformation Through AI-Led, Outcome-Driven Services

Global Fintech Series logo

Published on

Add as a preferred source on Google
Cognizant and EBRD Partner to Accelerate Digital Transformation Through AI-Led, Outcome-Driven Services

Cognizant announced it has been selected by the European Bank for Reconstruction and Development (EBRD) as a strategic partner to support its Tech Blueprint, the Bank’s technology transformation programme, which focuses on driving efficiency, effectiveness and innovation through digitally enabled processes powered by AI, data, and intelligent automation.

Under the five-year framework, Cognizant aims to deliver critical technology services across two complementary service models: outcome-led managed services and fixed-capacity services, spanning digital and workplace management, cloud infrastructure, data and security, software engineering, automation and AI. The framework also involves a programme of continuous improvement and innovation, designed to enhance services, strengthen resilience and deliver measurable value over time.

As part of the collaboration, Cognizant plans to bring a range of proprietary AI solutions to support service management, software engineering and workplace solutions at the EBRD: Neuro® IT Operations to improve visibility across the EBRD’s technology estate, anticipate and resolve issues faster, and strengthen service resilience; Flowsource™ to deliver high-quality software faster and enable self-healing and left-shift capabilities by applying generative and agentic AI across the software development lifecycle; and WorkNEXT™ to provide more intuitive, personalized workplace management through AI-powered voice and translation services and agent-enabled support orchestration.

These efforts are expected to strengthen service reliability, expand access to specialist skills, improve operational efficiency and support the continued evolution of the Bank’s technology capabilities.

Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena

“At the EBRD, the Tech Blueprint is our strategic roadmap for enhancing the technology and capabilities that support the Bank’s mission and transformation,” said Subhash Chandra Jose , Managing Director for Information Technology and Chief Information Officer at the EBRD.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.