Cognizant signs five-year technology transformation deal with EBRD

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Cognizant will deliver technology services spanning digital and workplace management, cloud infrastructure, data and security, software engineering, automation and AI

By BL Chennai Bureau

Updated - October 27, 2026 at 12:57 PM.

Cognizant’s proprietary AI solutions, including Neuro IT Operations, Flowsource and WorkNEXT™ will be deployed as part of the deal | Photo Credit: Rajmohan S _12122

Cognizant has bagged a five-year deal from the European Bank for Reconstruction and Development (EBRD) to support the bank’s technology transformation programme powered by AI, data, and intelligent automation. 

Cognizant will deliver critical technology services across both outcome-led managed services and fixed-capacity services, spanning digital and workplace management, cloud infrastructure, data and security, software engineering, automation and AI.

The deal will see the deployment of a range of Cognizant’s proprietary AI solutions, including Neuro IT Operations, Flowsource and WorkNEXT™. 

“Our partnership with Cognizant will help us to optimise technology, further strengthen our resilience and create capacity to innovate at scale, enabling us to increase the impact for people in our countries of operation,” said Subhash Chandra Jose, Managing Director for Information Technology and Chief Information Officer at EBRD.

“As an AI Builder, Cognizant’s role is to help clients turn their technology investments into dependable operations and measurable outcomes, and that only happens when services are made to work across the complexity of a real enterprise estate,” said Rohit Gupta, UK&I Managing Director at Cognizant

Published on October 27, 2026

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