Cognizant, the Teaneck-based technology solutions company, announced Wednesday that it has entered into a five-year strategic collaboration with Victory Capital Holdings, a diversified global asset management firm.
As part of the agreement, Cognizant anticipates providing Victory Capital with technology infrastructure, security and data and analytics capabilities, which will include infrastructure management, security engineering, a 24/7 security operations center and a comprehensive service desk, which will provide infrastructure and application monitoring and end-user support.
This strategic relationship aims to deliver reliable, scalable and secure information technology solutions, Cognizant officials said.
Cognizant is committed to delivering several key capabilities for Victory Capital over the next five years. These include new service management capabilities, improved service productivity, cost savings and the ability for Victory Capital to cost-effectively scale in support of business growth.
“We are delighted to extend our relationship with Victory Capital, a valued client and a leader in the investment management industry,” Cognizant Senior Vice President Nageswar Cherukupalli said. “We look forward to continuing to leverage our deep domain expertise, digital capabilities and global delivery network to help Victory Capital serve its clients.”
Over the years, Cognizant has partnered with Victory Capital to help design and transform its IT landscape. Additionally, Cognizant assisted Victory Capital with the technology engineering and implementation for its new headquarters in San Antonio in 2019.
Ian Sale, Victory Capital’s chief operating and technology officer, applauded the announcement.
“Cognizant has been a trusted partner for Victory Capital for more than a decade, providing us with reliable, scalable and secure technology solutions that have supported our growth in a dynamic market environment,” he said. “We are confident that our strategic relationship with Cognizant will advance service delivery, flexibility and efficiency, enabling continued operational excellence and innovation.”