Predict and prevent– that’s what back-office operations managers at buy and sell-side firms preparing for Europe’s Central Securities Depositories Regulation (CSDR) settlement discipline regime are starting to think about so they won’t have to pay hefty financial penalties or endure buy-in requirements if they fail to settle their European trades on time.

Massive change produced by the #COVID19 recession will drive renewed double-digit growth for certain firms and send others to irrelevance says Malcolm Frank via Business Today.

One of the biggest expectations we have of digital transformation is the hope that it will bring fresh impetus, particularly for the industrial sectors. Internet of Things (IoT) or Industrial internet of things (IIoT) is the pillar on which these hopes are built.

Think about this: for decades now, some of the most innovative and game-changing organizations on the planet have operated completely remotely and virtually from day one, releasing product after product, without even paying their participants.

With Industry 4.0 embraced at scale over the past few years, COVID-19 has only accelerated its influence in the manufacturing space.

In addition to responding to changing customer expectations, higher operating costs, new technology, and an evolving regulatory landscape, financial services organizations now also face the uniquely challenging business environment created by COVID-19.

While most of us are content to guess, there are other people who are actively figuring it out and their findings and educated assumptions could help us all prepare for the future. Among them is Ben Pring, IT futurist and cofounder of Cognizant’s Center for the Future of Work, which tracks trends across technology, business and society.

Industry experts discuss the evolution of automation in manufacturing and how it can help the industry navigate the challenges of COVID-19.

Manufacturing stands to make considerable progress through Big Data and AI, but the complex challenges of the industry have slowed uptake.

The anticipated changes to the world of HR will give rise to the emergence of many new roles, which are highlighted in a recent joint report from Cognizant’s Center for the Future of Work and Future Workplace: 21 HR jobs of the future.

“As HR leaders are often consumed with handling impending disruption to jobs due to automation, changing workforce demographics or multi-generational workforces, they have less time to address the key issue of how these massive transformations will impact the organisation – and fundamentally change the role of HR professionals,” said Robert Hoyle Brown, vice president of the Cognizant Centre for the Future of Work.

Cognizant formed its Embrace network to drive and support an inclusive working environment for LGBTQIA+ colleagues. The community has become more important than ever during the pandemic, when employees have not been able to be physically together.

The Boys & Girls Club of Paterson and Passaic says it has been providing local residents with more than 2,000 meals per week using a private donation that originally was supposed to for an after-school program.

Pari Sanghavi, senior director, life sciences supply chain and manufacturing at Cognizant and Jim Lehane, global leader business development at Zenith discuss how manufacturing must change following COVID-19.

Many leaders in large companies are out of sync and out of touch with their workforce, markets, and competitive landscapes. That is according to research, which found that only 12 per cent of global executives feel their business leaders have the right mindsets to lead them forward in a new world of work and credibly transform the business.

COVID-19 has taken a dramatic toll on many industries, most notably retail. Up until now, the retail industry flourished by ensuring higher footfall to boost sales. Today, however, retailers need to tackle the epic challenge of working — within curbs — to manage footfall, while meeting changing consumer demands. Will we ever again look at increasing footfall as a measure to boost sales?

Social distancing was a virtually unknown expression until recently. Today it is a critical prevention strategy for people around the globe. As it becomes a cultural norm – and as consumers seek ensured hygiene, health, security, and trust – how retailers and brands amend their customer experiences today will have implications on future loyalty-building and growth efforts.

Finding new ways to boost supply chain management efficiency is more critical than it's ever been. Robotic process automation -- or RPA -- is one technology that may help.

Jason Oxman is joined on the Download On Tech podcast by Cognizant’s Global SVP Head of Artificial Intelligence Bret Greenstein and Vice President of Government Affairs & Legal Tobi Young. Bret and Tobi cover how Cognizant is responding to the COVID-19 crisis for their employees and for their customers, as well as the ways that technology is being utilized to combat the effects of COVID-19 and ways that the use of technology by individuals, companies, and governments might be different moving forward.

One of the expectations we have of digital transformation is the hope that it will bring fresh impetus, particularly for the industrial sectors. Internet of Things (IoT) or Industrial internet of things (IIoT) is the pillar on which these hopes are built, says Andreas Golze, senior vice president at Cognizant.

Many Americans are working from home during the coronavirus pandemic, and it’s unclear when people will or should return to the workplace. The shift toward more remote work could have significant repercussions for employees, companies and the marketplace. Economics correspondent Paul Solman explores these transformations -- and their advantages and drawbacks -- in a two-part series.

From the CME surpassing 25 million contracts for 15 continuous trading days, to Euronext share trading transactions being up 92%, March was an unprecedented month for trade volumes.

"Cognizant has designed and developed an online test booking facility for a retail pharma chain, helping millions of patients across the United States save time by quickly locating test centres and scheduling tests," says Sairamkumar Jayaraman.

COVID-19 will change everything -- and the way we work and learn will be no exception. Will the traditional office structure be a thing of the past? Could our education system start to look more like a lifelong journey? Tech futurist Ben Pring and head of TED Chris Anderson tackle these questions and more in this thought-provoking interview.

Humphries and his team of 2.90 lakh employees — a majority of them in India — are gearing up to face the challenges post Covid. In this interaction with BusinessLine, Humphries discusses the impact of the pandemic and the road ahead.

Crisis plants the seeds of ingenuity, and as the world struggles out of the COVID-19 pandemic and into an unknown new normal, it’s clear that entire industries will be transformed by innovations that have emerged to combat the disease.

On this episode of IT Visionaries, Allen Shaheen talks about his evolving relationship with technology, how companies are adapting to and embracing technology more than ever, and why reinvesting in STEM programs is the only way to ensure a prosperous future.

The world of work is changing faster than ever, and machine intelligence is at the centre of this change. Most recently, artificial intelligence (AI) has played a leading role in the fight against Covid-19. Scientists have used AI to help predict future outbreak zones, sift through research, and even run simulations on drugs to determine their efficacy.

It's safe to say most aspects of life will be quite different after the global coronavirus pandemic ends. A new report, "After the Virus" from digital firm Cognizant, looks at just how different things will be, from national politics to socioeconomics, work, business, and well, life in general.

Cognizant head of industries for Australia and New Zealand, Gaurav Sharma said Australians are already spending more time online than usual, and as Click Frenzy drives traffic to websites, retailers must facilitate smooth e-commerce experiences.

After the coronavirus pandemic, the world will be quite different. Whether the lockdowns last weeks or months, very little will remain unchanged. In a bid to contain the spread of Covid-19, governments around the world have instituted health monitoring policies, leveraging GPS and other data from a variety of personal devices.

Having visibility of your own skills, including level of expertise allows you to be aware of your evolution and measure your growth, your professional profile. You set your goals to develop autonomy, and measure… While making constant, incremental improvements.

Premankur Roy Paladhi shared these recommendations: “To cope with the coronavirus pandemic, consumer goods and retail organisations need a robust business continuity plan (BCP), one that is based on a holistic supply chain strategy and built on flexible and strong digital foundations. Any BCP should anticipate disruptions and provide proactive recommendations to keep pace with fluctuating demand and fulfilment cycles.

Countries around APAC are starting to phase slowly back into normalcy with additional safety measures like COVID-19 tracking apps for citizens. However traditional businesses have had to adapt to new realities of a post-virus world and the implications for CIOs will be profound. The days of the IT department being responsible for infrastructure and operations, with a relentless focus on cost reduction, are gone.

In a recent report forecasting life after the virus, Cognizant's Center for the Future of Work envisioned the creation of a massive Health Security Agency that would mandate automated illness scanning for any building, space or country.

“5G will help realise the benefits from the evolving IoT environment, including the development in endpoint devices such as environmental and situational sensors, vehicles, wearables, drones, robots, and virtual reality equipment,” says Rohit Gupta, vice president and head of manufacturing, logistics, energy and utilities, Europe at Cognizant.

“Inclusive leaders recognize the realities of what it means to work virtually and the need to be flexible," says Ben Pring, Director of Cognizant’s Center for the Future of Work.

Cognizant CEO Brian Humphries says the restructuring done last year has helped the company lay the path for M&As and a better standing in the cloud technology market, despite a difficult business climate this year due to Covid-19. Edited excerpts of an interview with ET.

In a Q&A, Brian Humphries says his firm has handled the ransomware attack well and doesn't see any impact on client engagement.

Cognizant Technology Solutions Corp on Friday posted revenues of $4.2 billion for the first quarter ended March, up 3.5% year-on-year in constant currency. In an interview, Brian Humphries, chief executive officer, spoke about growth drivers, demand environment and its strategy to sail through the covid-19 crisis.

When it comes to the 5G roll-out, AI will definitely be supercharged. Smart, AI-based devices that operate at the edge for buildings, cities, and vehicles, can make complex decisions in real-time based on the data they see.

With healthcare organizations focused on battling COVID-19, the recent federal healthcare regulation requiring data interoperability may have become an afterthought. However, compliance with this rule will create a powerful tool for fighting COVID-19 recurrences and future pandemics.

After the coronavirus global pandemic, the world will be quite different. Whether the current lockdown lasts weeks or months, very little will remain unchanged by COVID-19. A special report from Cognizant’s Center for the Future of Work, After the Virus: A Special Report Looking Back on the Next Five Years, explores the most probable shifts across healthcare, education, retail, travel, technology, and government as the world becomes more connected and virtual.

The show must go on: Even as COVID-19 inflicts a new, jolting reality on business operations worldwide, this has become the new charge for COOs and CIOs everywhere. In my conversations over the past few weeks with manufacturing clients, I have learned a lot about how businesses are coping with the sudden onset of change and how – as these new practices are followed, enhanced, and supported – they could end up accelerating enterprise modernisation in the long run.

Forward-looking businesses are offloading data centre maintenance and management to the cloud to keep things running during the covid-19 pandemic. Raja Renganathan, vice president at Cognizant and head of Cloud Services Business takes a closer look at what it takes to keep things ticking over during lockdown.

Just as Y2K served as an inflection point for the IT services industry, businesses are now going through another period of significant change and opportunity, says Cognizant’s Humphries, in an interview with Forbes India.

More than a dozen doctors employed with technology major Cognizant for its healthcare and life sciences practice in Mumbai have volunteered to be a part of a telephonic helpline for addressing questions on COVID-19.

This article was first published in the Spring 2020 issue of Best Execution. www.bestexecution.net.

For the financial organisations swimming through a sea of regulation, the news that the European authorities were delaying the impending stricter clearing and settlement regime was a huge relief.

AI driven solutions are becoming a competitive differentiator for banks and other financial services — delivering a hyper-personalised customer experience, improving decision-making and boosting operational efficiency. Yet, many financial services institutions (FIs) remain in an experimental phase and will need to accelerate actual AI deployment. Otherwise, they risk being left behind by digitally native players.

The ongoing technological revolution continues to change the world in unforeseeable ways, which can make difficult the accurate forecasting of jobs we cannot yet imagine. Nevertheless, to help organisations and individuals prepare for changes we are expecting to see in the coming years, we embarked on the enormous endeavour of applying our knowledge across several industries to predict the new jobs that are likely to emerge over the next decade.