Cognizant's Stock Climbs to 413th in Daily Trading Volume Amid Cloud Banking Partnership with Temenos

On August 20, 2025, Cognizant (CTSH) traded with a volume of $0.25 billion, ranking 413th in market activity. The stock closed down 0.52%, reflecting mixed investor sentiment amid strategic developments.

Cognizant announced a five-year partnership with Temenos to co-develop the Temenos Country Model Bank in Australia, a cloud-native banking solution tailored for regional financial institutions. The initiative aims to address regulatory complexities and legacy system inefficiencies by providing pre-configured frameworks that reduce modernization costs and operational friction. Cognizant will serve as the preferred upgrade partner, enhancing the platform’s regionalization to meet Australian banking standards.

Archana Ramanakumar, Global Head of Industry Solutions at Cognizant, highlighted the collaboration’s potential to accelerate digital transformation, leveraging over 15 years of partnership with Temenos. The alliance integrates cloud migration strategies, end-to-end software delivery, and market-ready core banking solutions, emphasizing scalability and compliance for Australian banks. Rob Marchiori, Australia Country Manager at Cognizant, noted the initiative aligns with the company’s focus on expanding banking solutions in the region.

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