Philadelphia Stock Exchange contracts with Cognizant

Philadelphia Stock Exchange is to use Cognizant's software architecture to create a straight-through processing environment for real-time data flow between front and back office systems.

  0 Be the first to comment

Philadelphia Stock Exchange contracts with Cognizant

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The new technology will also support internal and external interfaces for back office processing.

Cognizant has worked on a number of projects with Philadelphia Stock Exchange since 1999, including application maintenance and reengineering.

Tom Wittman, senior vice president of development at the Exchange, says: "Cognizant has gained a deep understanding of our systems and has been able to add a lot value through their new Enterprise Consulting Practice in designing the new T+1 and STP architectures."

Sponsored [Webinar] Why Verticalisation Matters: Unlocking Success Through Tailored SMB Propositions

Comments: (0)

Business@EBAday 2025 - Event SupplementFinextra PromotedBusiness@EBAday 2025 - Event Supplement