Friday, October 3, 2025
spot_img

Cognizant collaborates with Amazon Web Services (AWS) and Unqork

spot_img
- Advertisement -

Cognizant collaborates with Amazon Web Services (AWS) and Unqork on Digital Retirement Services Solution

Cognizant announced its new collaboration with Amazon Web Services (AWS) and Unqork, a leading enterprise no-code application platform provider, on a new solution to help retirement service providers accelerate digital modernization efforts. This collaboration is expected to yield solutions that transform the customer experience, eliminate the manual work of managing structured and unstructured data, and process massive amounts of data that offer plan participants valuable insight to achieve improved financial outcomes. 

The collaboration brings together unique offerings from each company including:

  • Unqork: Unqork will contribute its enterprise “no-code” platform, designed to accelerate development of mission critical applications in highly regulated industries.
  • AWS: AWS will help optimize for data extraction, migration, and transformation through the use of its services like Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), Amazon Athena, AWS Glue, Amazon Redshift, Amazon Dynamo DB, and AWS Lambda.
  • Cognizant: Cognizant will leverage its extensive knowledge in retirement and asset management industries to build a cloud-based systems of engagement for sponsors, participants and retirement advisors , designed to improve client experience and drive revenue growth.

The solution offers a human-centric and digitally driven approach to retirement plan administration and improve the user experience for its sponsors and participants. The AI-enabled, modernized system will also provide greater insights and custom personalization features to help quickly deliver better outcomes and overall experiences for participants when choosing and accessing retirement service plan services.

This new alliance will enable retirement plan providers to quickly address immediate modernization needs by leveraging prebuilt accelerators and plug-play AI and machine-learning components to provide retirement services companies with an efficient, effective technology transformation solution that will reduce onboarding time by a third.

“Retirement providers are waking up to the new reality of human-centric offerings and looking at several avenues to consolidate, innovate, and grow,” said Meera Krishnamurthy, Global Head of Insurance at Cognizant. “This presents an opportunity to reimagine a new approach to how carriers can take advantage of cutting-edge technologies. Combining Cognizant’s CARO framework and business process knowledge with Unqork’s uncomplicated platform on AWS provides the speed, flexibility and confidence to help Retirement Service providers get into new market segments, strike new partnerships, enable next-generation capabilities for sponsor, participants and advisors and drive higher impact on their financial wellness initiatives.”

“This Retirement Transformation solution is the manifestation of a powerful ecosystem of best-in class technology providers and solutions integrators. We are leveraging established workflows and accelerators in Unqork and Unqork’s ability to integrate with AWS, as well as Cognizant’s deep understanding of the market to provide immense value for clients, said Christian Barerra, Vice President, Alliances and Ecosystem, Unqork. “Unqork has a proven track record providing solutions for the Retirement Services industry and this latest collaboration will greatly accelerate the digitization of the space.”

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Intel to create over 2,000 jobs and thousands of construction jobs

An American multinational corporation and technology company, Intel to create...

Capgemini Off Campus Drive, Apply Before Sept 22, 2024

Capgemini invites applications for its Off Campus Drive for...

The Future Workforce

The Future is closer than we think. Are we...

In Conversation with Abhijit Bhaduri on Performance Management

Abhijit Bhaduri is an Author, Columnist, Digital Transformation Coach and...

Snapchat plans to lay off its employees

The photo-sharing platform, Snapchat will lay off its employees and is...

IKEA is launching its first India Store at Hyderabad on July 19, 2018

Swedish furniture maker IKEA is launching its first store...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/