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COGNIZANT HELPS STANDARD LIFE IMPLEMENT CLOUD-BASED NEXT-GENERATION IT INFRASTRUCTURE, DELIVERING COST EFFICIENCIES AND IMPROVING SPEED-TO-MARKET 

Cognizant (NASDAQ: CTSH) today announced that it has helped Standard Life, with its 4.5 million customers, implement next-generation IT infrastructure to support business expansion in its Investments and Pensions, and Savings businesses.

Managing multiple third-party suppliers across communications, network and data centres, Cognizant supported Standard Life in deploying a private cloud infrastructure, across two data centres, and migrating all business services to the new infrastructure. The migration involved mainframe transaction platforms, online trading systems, telephony platforms, contact centres, and third-party investment links. The new private cloud solution has enabled Standard Life to reduce time-to-market and capital investment, deploy a pay-per-use pricing model, and improve operational resilience to provide consistent availability of business applications.

“The successful implementation of our Information Systems transformation programme has given us a single approach to provisioning and managing our strategic IT infrastructure, as well as enhanced visibility into utilisation levels and operating costs.” said Stuart Robertson, Head of IS Transformation at Standard Life. “We chose Cognizant for their proven end-to-end capabilities in implementing a modern, agile IT infrastructure that enables us to more rapidly respond to new and changing business requirements.”

“We are pleased to have implemented a cloud-based infrastructure that allows Standard Life to compete in an increasingly digitised industry,” said VenuLambu, Senior Vice President and Global Head of Markets for Infrastructure Services at Cognizant. “The level of collaboration amongst all the service providers was remarkable, delivering a single point of accountability and transparency throughout this transformational programme. Standard Life now has a next-generation IT infrastructure that can enable the continued evolution of the company with a cost structure that is aligned with demand and usage.”