Beyond Bank Australia leverages Cognizant's expertise to modernize IT infrastructure and enhance operational resilience.
SYDNEY and TEANECK, N.J., Dec. 11, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has announced a collaboration with Beyond Bank Australia, one of Australia's largest customer-owned banks, to help revolutionize the digital banking experience. The collaboration aims to enhance operational resilience, streamline processes and improve customer experience through the implementation of innovative technology solutions.
Cognizant's engagement is expected to uplift Beyond Bank's End User Compute (EUC) teams, automate patching processes, enable self-service and extend the value of existing licenses. These initiatives aim to create an even more resilient and secure environment for Beyond Bank's operations. Additionally, this collaboration seeks to modernize the bank's IT infrastructure, establish a Security Operations Centre (SOC) and strengthen vendor assurance frameworks to help align with the Australian Prudential Regulation Authority (APRA) standards.
Beyond Bank's digital transformation focuses on several key workstreams, including cloud and API architecture modernization and an enterprise-wide Windows 11 migration. These integrations will be designed to be flexible, scalable and secure technology ecosystems that enable the introduction of new products with enhanced speed to market, further preparing Beyond Bank for future growth.
Cognizant will also help develop a comprehensive data and information management strategy for Beyond Bank. Leveraging AI, this strategy aims to optimize structured data from core banking systems and organize unstructured data from knowledge management sources for organization-wide insights, enabling more tailored services for its customers.
Leveraging Cognizant's deep banking expertise, Beyond Bank will introduce new products and services designed to better serve a younger demographic, while simultaneously enhancing the overall service experience for all customers.
"Our partnership with Cognizant is pivotal in advancing our digital transformation," said Stevie-Ann Dovico, Chief Information Officer, Beyond Bank Australia. "Their expertise allows us to modernize our IT infrastructure and enhance security, aligning with our values as a customer-owned bank. Cognizant's comprehensive approach makes them the ideal partner to help us better serve our customers."
"Beyond Bank is a lighthouse client for us in the customer-owned banking sector," said Rob Marchiori, Australia Country Manager at Cognizant. "By enhancing their digital capabilities, we will help them provide better services to their customers and support paving the way for a resilient banking model that addresses current and future market demands."
The customer-owned banking sector is navigating increased regulatory burdens, economic pressures, and the need for digital transformation. With increased cost-to-income ratios and net interest margins, banks need to modernize operations and enhance customer engagement through innovative technology. The collaboration between Beyond Bank and Cognizant highlights the importance of strategic partnerships in supporting innovation and maintaining service standards in the evolving financial sector.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
About Beyond Bank Australia
Beyond Bank is one of Australia's largest customer-owned banks with branches and offices in New South Wales, South Australia, Western Australia, ACT and Victoria. We partner with more than 6000 community organisations around the nation to create and return value for our customers and communities. Beyond Bank is a B Corp, a business that is certified as meeting high standards of social and environmental impact, ensuring their practices benefit people, communities and our planet. To learn more, visit beyondbank.com.au
For more information, contact:
globalcommunications@cognizant.com
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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Beyond Bank and Cognizant join forces to lead the future of customer-owned banking
RIYADH, Saudi Arabia, Dec. 12, 2024 /PRNewswire/ -- Following the official announcement of Saudi as the host country for the FIFA World Cupâ„¢ 2034 today, Saudi, Welcome to Arabia, the official destination brand of the Saudi Tourism Authority (STA), is thrilled to welcome football fans from around the globe to experience the warm hospitality and vibrant culture of the Heart of Arabia.
"We are incredibly excited to host the world's largest sporting event," says Saudi Tourism Authority CEO, Fahd Hamidaddin. "Saudi welcomed over 100 million visitors in 2023, and we are the fastest-growing tourism destination in the G20. As the Heart of Arabia, we are eager to welcome visitors to experience our beautiful country, and the breadth of its wonders – from the mountains of Aseer, to the shimmering waters of the Saudi Red Sea, the vast dunes, our human and natural heritage will dazzle and inspire. Our dynamic tourism sector ensures visitors have a seamless experience across all touchpoints, and we invite the world to experience the magic of Saudi now. Whether seeking adrenaline, culture or relaxation, a visit in advance of the World Cup will offer a taste of Saudi, and our famed hospitality, where, with hearts open, we invite everyone to experience the warmest of Saudi welcomes."
The FIFA World Cupâ„¢ 2034 will be the first time the 48-team tournament will be hosted by a single country. Saudi's host cities include Riyadh, blending modern entertainment with historic treasures at Diriyah; Jeddah, showcasing the glimmering Red Sea and Al Balad, Historic Jeddah's charm; Al Khobar, featuring serene beaches and cultural landmarks; Abha, with its lush landscapes and adventure activities; and NEOM, with its futuristic innovations. All of the host cities are set to captivate football fans with state-of-the-art stadiums, world-class amenities, vibrant fan festivals, and a diverse array of cultural experiences.
In celebration of Saudi's successful FIFA World Cupâ„¢ 2034 bid, STA organized vibrant on-ground activities in key international locations, such as London's Piccadilly Circus and Dubai Mall's iconic fountain, featuring Saudi flash mobs that showcased the country's rich culture and highlighted the destinations set to host matches. Domestically, celebrations took place in five iconic locations: Salwa Palace, Historic Jeddah, Hegra, Rijal Almaa, and Ithra, inviting the public to join in and commemorate this historic milestone. STA also launched a short film welcoming and inviting the world to experience Saudi's warmth and wonder, embodying the joy, pride, and excitement felt nationwide.
With a passionate football fan base and a growing cadre of world-class sporting events hosted in country, Saudi is sharing its storied heritage and vibrant culture with the world. From the stunning landscapes of the Saudi Red Sea – with its 1,800 km of pristine coastline, sweeping desert dunes, mountain canyons, to the historical wonders of AlUla, where heritage meets nature, the coastal cosmopolitan hub of Jeddah, where the modern and traditional blend beautifully, to the thrum and thrill of the capital of Riyadh, visitors can explore a land rich in culture, history, and breathtaking experiences in this year-round destination.
The STA is working closely with partners across the tourism ecosystem to ensure a seamless and enjoyable experience for all visitors. This includes enhanced flight connectivity, streamlined visa processes, and a wide range of accommodation options to suit different budgets and preferences. With a focus on sustainability and accessibility, Saudi is committed to delivering a tournament that celebrates the spirit of football and leaves a positive legacy for generations to come.
About Saudi, Welcome to Arabia
Saudi, Welcome to Arabia is a vibrant consumer brand dedicated to sharing Saudi Arabia with the world and welcoming travelers to explore all the country has to offer. The brand's role is to drive forward the country's tourism industry through awareness-raising campaigns and to provide a comprehensive array of information and resources for travelers to plan and enjoy unforgettable journeys. As the world's fastest-growing destination, Saudi, the heart of Arabia, is the most exciting new year-round destination.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
The Saudi Tourism Authority : 'Saudi, Welcome to Arabia' Gears Up to Welcome the World for FIFA World Cup™ 2034
