Cognizant has won a five-year tech contract from Victory Capital Holdings, a global asset management firm.
Victory Capital is a diversified global asset management firm with $173.8 billion in total client assets as of June 30, 2024.
US-based Cognizant, as part of the technology contract, will be providing technology infrastructure, security, and data and analytics capabilities, which will include infrastructure management, security engineering, a 24/7 security operations center, and a service desk, which will provide infrastructure and application monitoring and end-user support.
Victory Capital will gain from new service management capabilities, improved service productivity, cost savings, and the ability to cost-effectively scale in support of business growth, Nageswar Cherukupalli, Senior Vice President & Business Unit Head of Banking & Capital Markets and Strategic Initiatives of Cognizant, said.
“Cognizant has been a trusted partner for Victory Capital for more than a decade, providing us with reliable, scalable, and secure technology solutions that have supported our growth in a dynamic market environment,” said Ian Sale, Chief Operating and Technology Officer of Victory Capital.
