Cognizant

42 results about this entity

Period: 21 Oct 2003 - 18 Apr 2024

Cognizant acquires CX agency Mirabeau

Cognizant (NASDAQ: CTSH) today announced that it has entered into a definitive agreement to acquire privately-held Mirabeau BV, a digital marketing and customer experience agency specializing in industries such as travel and hospitality, financial services, retail, and B2B sectors.

Standard Life migrates to the Cloud with Cognizant

Cognizant (NASDAQ: CTSH) today announced that it has helped Standard Life, with its 4.5 million customers, implement next-generation IT infrastructure to support business expansion in its Investments and Pensions, and Savings businesses.

FS retailers hail blockchain potential

Nearly two thirds (60 per cent) of global financial services retailers who have some understanding of blockchain* believe it will prove to be the most significant technological development since the internet, according to research undertaken by Marketforce.

Mizuho turns to blockchain for financial record keeping

Mizuho is to use distributed ledger technology from Cognizant to secure record-keeping of documents passed across the group globally.

Cognizant wins $330m ING US contract

ING US has inked a seven year, $330 million, insurance business process services contract with Cognizant that sees 1000 employees transfer to the vendor.

Finextra50 September 2009

The Finextra50 Technology Index has reached 88.90. The majority of the Finextra50 companies are posting an increase in stock price.

UBS agrees sale of Indian BPO unit to Cognizant

UBS has agreed to sell its Indian business processing outsourcing unit to Cognizant in a deal that also sees the Swiss bank and vendor sign a multi-year services contract. Financial terms were not disclosed.

Cognizant falls on ratings cut, while S1 and Polaris rise

The Finextra50 Financial Technology Index fell 1.5% last week to finish at 79.71, again a record low since the index was first benchmarked in May 2007.

Strong gains offset first week fall for Thomson Reuters

The Finextra50 Financial Technology Index rose last week despite the newly-merged Thomson Reuters - now the index's largest constituent - sliding in its first week of trading. Fiserv, Cognizant, Factset and Indian fintech stocks all performed well to help the index close Friday up 3.7% to 86.67.

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

Chordiant battered by gloomy outlook; S1 rallies on Q4 profit

Shares in Chordiant Software continued to fall last week on the back of an earlier outlook statement which warned of weakening demand for its technology from banks in North America. Meanwhile shares in S1 Corporation surged after the Atlanta-based vendor posted a fourth quarter profit, making it the top performer in the Finextra50 index.

Finextra50 up 4.25% led by ACI and Patsystems

The Finextra50 Financial Technology Index closed last week up at 87.64, as the fintech sector recovered slightly more than most global markets last week. Despite several falling stocks, such as Actuate which lost 31% of its value last week, the majority of companies saw decent rises, led by ACI Worldwide which benefited from the resolution of its most recent accounting troubles.

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.

Finextra50 rides rollercoaster week to new low

Despite the turbulent markets there were a few bright spots last week, such as S1, Computershare and Hypercom, which ended the week up. Some fintech stocks benefited from the market recovery on Friday to pare back their losses. But prevailing market conditions and profit warnings led to some significant drops for many constituents as of Friday, led by ACI Worldwide, Cognizant, Ingenico and Diebold. This caused the Finextra50 Financial Technology Index to fall 2.58% to 93.28.

Statpro leads the risers on the Finextra50; Orc is top faller

The Finextra50 index rose a steady 2.479% last week, driven by a strong performance by outsourcing firm Cognizant, although it was UK group Statpro that had posted the biggest share price rise by the end of Friday.

Finextra50 rises to 102.46

Despite the closure of the US markets for the Independence Day holiday, the Finextra50 Financial Technology Index rose a healthy 1.63% last week to close at 102.46.

Finextra50 rises to 101.67

Last week saw steady gains among the majority of Finextra50 stocks as the index rose 1.87% to 101.67. The recovery of European markets after the previous week's drop contributed to the rise. Simcorp, Temenos and Cognizant saw the biggest gains while shares in Microgen and Fidessa fell. Comparison of the Finextra50 index performance since the start of May against key global indices shows the financial technology sector outperforming the S&P1200 Global Financial Sector index and matching the FTSE 100 and FTSE Euro 100.

Finextra50 climbs 2.74% to 102.36

Strong performance in the US markets last week, which saw the Dow Jones Industrial Average and S&P 500 hit record highs driven by optimism about the state of the US economy, helped the Finextra50 to climb above 100 for the first time. Vasco Data Security, Fiserv and Fidelity NIS saw the biggest increases.

Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

Finextra50 ends first week slightly down

The Finextra50 Financial Technology Index closed down .84% at 99.17 on Friday, as fintech stocks in general dipped slightly following the previous week's exuberance.