Cognizant goes live with Axis Bank’s AMS 2.0

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    "url": "https://www.thehindubusinessline.com/money-and-banking/cognizant-goes-live-with-axis-banks-ams-20-application-management-services/article71477172.ece",
    "title": "Cognizant goes live with Axis Bank’s AMS 2.0 - BusinessLine",
    "excerpt": "IT major Cognizant has announced the implementation and go-live of its Application Management Services (AMS) under Axis Bank’s AMS 2.0 initiative for the bank’s stakeholders. AMS 2.0 is a programme designed to strengthen delivery governance, improve operational consistency and accelerate the adoption of automation across application support services. Under a five-year agreement, Cognizant is working closely with Axis Bank to support systems across key business verticals, including Branch and Operations, Cards, Corporate Banking and Treasury, Core Platforms and Payments, Finance and Accounting, Retail and Wholesale Banking, Data Platforms and Integration. “The implementation of AMS 2.0 is part of Axis Bank’s efforts to build a more resilient, scalable, and automation-enabled operations model. Cognizant has worked closely with the Bank during this transition to support a complex application environment. We look forward to collaborating with Cognizant for Application Management Services (AMS) to enhance operational effectiveness and support the Bank’s evolving business and technology needs,“ Avinash Raghavendra, Group Head - Information Technology & Retail Operations, Axis Bank, said, “We are pleased to collaborate with Axis Bank as part of its AMS 2.0 initiative. Our teams are focused on supporting the bank’s application management requirements through disciplined service...",
    "product": "Application Management Services (AMS)",
    "summary": "Cognizant has implemented and gone live with its Application Management Services (AMS) for Axis Bank under a five-year agreement.",
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    "article_sentence": "IT major Cognizant has announced the implementation and go-live of its Application Management Services (AMS) under Axis Bank’s AMS 2.0 initiative for the bank’s stakeholders.",
    "related_company_name": "Axis Bank",
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