Business Services Industry

INDIA: PHILADELPHIA STOCK EXCHANGE EXPANDS RELATIONSHIP WITH INDIA'S COGNIZANT.(Brief Article)

IPR Strategic Business Information Database, February, 2002

Nasdaq-listed provider of custom software development, Cognizant Technology Solutions, announced that the Philadelphia Stock Exchange expanded the relationship with Cognizant. Cognizant designed an architecture to address emerging financial services industry needs for T 1 and STP and related requirements.

This architecture will help the Philadelphia Stock Exchange move from batch to real time data flow between front office and back office systems, as well as support internal and external interfaces for back office processing. "Cognizant continues to combine our unique onsite/offshore model with high value offerings to provide extraordinary solutions," said Kumar Mahadeva, Chairman and CEO of Cognizant Technology Solutions. "Cognizant's investments in our...

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