Axis Bank and Cognizant Go Live With AMS 2.0 Application Management Program

M&A · PartnershipProduct / Tech
โดย PR Newswire·IN·Read original
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Cognizant and Axis Bank announced the successful implementation and go-live of Cognizant's Application Management Services under Axis Bank's AMS 2.0 initiative. AMS 2.0 is a structured, jointly driven program designed to strengthen delivery governance, improve operational consistency and accelerate the adoption of automation across application support services, with an emphasis on governance, compliance and operational discipline. The initiative, spearheaded by Axis Bank, forms a key pillar of the Bank's broader technology transformation journey toward a scalable, resilient and future-ready IT operating model. 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, and Data Platforms and Integration. Avinash Raghavendra, Group Head of Information Technology and Retail Operations at Axis Bank, said the implementation is part of the Bank's efforts to build a more resilient, scalable and automation-enabled operations model, while Ganesh Ayyar, President for Asia Pacific and Japan at Cognizant, said the teams are focused on disciplined service delivery, governance-led operations and the responsible use of automation to improve run stability and efficiency.

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Axis BankPrivate▲ Positive
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Axis Bank went live with AMS 2.0, a key pillar of its technology transformation toward a scalable, automation-enabled IT operating model.

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