Cigniti, A Coforge Company, is recognized as a Leader in Digital Banking Services by Quadrant Knowledge Solutions
Dallas, Aug 1, 2024: Cigniti Technologies Limited, a Coforge company, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services provider, today announced that it has been positioned as a Leader in the Quadrant Knowledge Solutions Spark Matrix™: Digital Banking Services, Q3 2024. Last year, Cigniti was positioned as a Strong Contender in the same report.
Achieving the Leader position within a year is a testament to Cigniti’s substantial progress made through strategic enhancements and the collaborative efforts of the talented team. This recognition reinforces the company’s position as a front-runner in the digital banking landscape, committed to continuous improvement and excellence.
The report highlights Cigniti’s strengths in collaborating with partners for AI and ML-driven digital lending and risk management solutions that enhance loan origination, credit decision-making, and operational efficiency.
Cigniti’s BlueSwan™ platform component, Velocita, offers advanced testing and automation for BFSI applications with configurable RPA frameworks. Additionally, Cigniti’s ISO 20022 migration services enable faster digital payments integration, fraud prevention, and improved automation analytics.
“This milestone underscores our capabilities in the digital banking sector and our focus on leveraging cutting-edge technologies to drive value for our clients. Our journey from being a Strong Contender to a Leader in the Spark Matrix™ is a significant accomplishment that motivates us to continue innovating and enhancing our service offerings. Our team’s dedication to delivering excellence and our strategic partnerships have played a crucial role in this achievement. We will continue to push the boundaries to ensure that our clients receive the best possible solutions to meet their digital banking needs,” said Sairam Vedam, CMO, Cigniti Technologies.
For media inquiries, contact: mediarelations@cigniti.com
About Cigniti:
Cigniti Technologies Limited (NSE: CIGNITITEC; BSE: 534758), a Coforge company, is the world’s leading AI & IP-led Digital Assurance and Digital Engineering services provider. Headquartered in Hyderabad, India, Cigniti’s 4200+ employees help Fortune 500 & Global 2000 enterprises across 25 countries accelerate their digital transformation journey across various stages of digital adoption and help them achieve market leadership by providing transformation services leveraging IP & platform-led innovation with expertise across multiple verticals and domains.
Learn more about Cigniti at www.cigniti.com and about Coforge at www.coforge.com.