Axis Bank and Cognizant work together to strengthen application management through AMS 2.0, with Cognizant going live on the bank’s application management services. The arrangement is designed to improve delivery governance and operational consistency for the bank’s critical IT systems.
According to reports, the deal runs for five years and covers core banking as well as other important platforms. Business Line - Home says the services support applications across banking, payments, treasury, finance, and data platforms, while Times of India highlights coverage of core banking and other critical systems. Both outlets link AMS 2.0 to goals of improving reliability and supporting IT scalability.
Across the accounts, the emphasis differs slightly: Times of India focuses more on the partnership’s role in delivery governance and scalability as part of a broader technology transformation, while Business Line - Home emphasizes the “going live” rollout and the breadth of business verticals supported.
