{"product_id":"cognizant-transforming-mortgage-loan-services","title":"Cognizant - Transforming Mortgage \u0026 Loan Services","description":"\u003cp\u003eCognizant - Transforming Mortgage \u0026amp; Loan Services\u003c\/p\u003e\n\n\u003cp\u003eWho Is This Vendor Assessment For?\u003c\/p\u003e\n\n\u003cp\u003eNelsonHall’s ‘Transforming Mortgage \u0026amp; Loan Services’ Vendor Assessment for Cognizant is a comprehensive assessment of Cognizant’s lending industry digital services offerings and capabilities designed for:\u003cbr\u003e\nSourcing managers monitoring the capabilities of existing suppliers of M\u0026amp;L processes and identifying vendor suitability for M\u0026amp;L services RFPs\u003cbr\u003e\nVendor marketing, sales, and business managers looking to benchmark themselves against their peers\u003cbr\u003e\nFinancial analysts and investors specializing in the support services sector.\u003c\/p\u003e\n\n\u003cp\u003eKey Findings \u0026amp; Highlights\u003c\/p\u003e\n\n\u003cp\u003eCognizant entered the M\u0026amp;L BPO line of business in 2004 as part of its Horizon 2 initiative focusing on industry-specific processes. It did not want to offer what it viewed as commoditized services, so it decided to focus on industry-specific services, especially loan origination. Cognizant’s first move into M\u0026amp;L was in bank lending processes, and its first win was processing student loans for a bank. From student loan processing, Cognizant expanded into mortgage loan processing. Initially, it provided single processes for mortgage lenders; over time, this has expanded into multiple processes for both lenders and master servicers.\u003c\/p\u003e\n\n\u003cp\u003eCognizant is focusing on delivering digital services to clients, including lenders, to enhance business value. In 2021, Cognizant acquired seven digital, cloud, and DevOps services companies to enhance its digital capabilities, including Servian, Linium, Magenic Technologies, ESG Mobility, TQS Integration Ltd., Hunter Technical Resources, and DevBridge. In 2021 it also sold Oy Samlink, a Finnish IT services vendor for the banking industry in Finland, to Kyndryl to focus its offerings on larger market opportunities.\u003c\/p\u003e\n\n\u003cp\u003eScope of the Report\u003c\/p\u003e\n\n\u003cp\u003eThe report provides a comprehensive and objective analysis of M\u0026amp;L services offerings, capabilities, and market and financial strength, including:\u003cbr\u003e\nIdentification of the company’s strategy, emphases and new developments\u003cbr\u003e\nAnalysis of the company’s strengths, weaknesses and outlook\u003cbr\u003e\nRevenue estimates\u003cbr\u003e\nAnalysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts\u003cbr\u003e\nAnalysis of the company’s offerings and key service components\u003cbr\u003e\nAnalysis of the company’s delivery organization including the location of delivery locations.\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"May, 2022 \/ 10 Pages \/ MCW16285838","offer_id":47714981085490,"sku":null,"price":2160.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/cognizant-transforming-mortgage-loan-services","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}