Teaneck-based Cognizant on Thursday said it inked a new, 10-year services agreement valued at approximately $1 billion with California-based CoreLogic, a leading global property information, analytics and data-enabled solutions provider.
The two companies have already worked together for more than a decade, delivering key end-to-end business process and analytics solutions across CoreLogic’s property information ecosystem.
“We are thrilled to grow our relationship with CoreLogic and bring our technology prowess to bear in improving their user experience, digital tools and processes utilized by professionals in their property information ecosystem,” Surya Gummadi, president of the Americas at Cognizant, said. “Real estate, mortgage lifecycle and insurance transactions depend on accurate, timely data and analytics. We are committed to helping CoreLogic provide this critical intelligence to clients while enhancing their user experience and further streamlining operating efficiency.”
“Cognizant has been an invaluable partner for many years in helping build our platforms — giving clients the data-driven technology solutions they need to navigate business processes,” Abe Kuruvilla, chief information officer at CoreLogic, said. “We are pleased to extend our relationship with Cognizant as we continue to leverage our many years of technology expertise and integrated digital solutions.”
Building on their highly successful, decadelong strategic relationship, CoreLogic and Cognizant have agreed to strengthen services, especially with:
- Expanding Cognizant’s services and anticipated value for CoreLogic, leveraging Cognizant’s digital transformation expertise particularly in cloud migration, automation and industry-specific platform innovations;
- A significant commitment to innovation and automation expected to benefit CoreLogic through lower technology and operations costs over the lifetime of the agreement; and,
- Offering a strong focus on driving customer experience improvement through operational excellence.