2 days ago
Cognizant Launches Axis Bank’s Five-Year AMS 2.0 Partnership
Axis Bank has hired Cognizant to help manage its computer applications.
The work is part of a programme called AMS 2.0.
The programme is designed to make technology operations more consistent and reliable.
It also aims to use more automation, which means letting technology handle some tasks automatically.
The agreement will last for five years.
Cognizant will support systems used by areas such as branches, cards, payments, banking and finance.
Axis Bank said the partnership should help it handle its technology needs as the bank develops.
Cognizant said it will work to improve the stability and efficiency of the bank’s applications.
Cognizant has implemented and launched Application Management Services under Axis Bank’s AMS 2.0 initiative.
The programme aims to strengthen delivery governance, improve operational consistency and expand automation.
The five-year agreement covers systems across seven major banking and technology business verticals.
Axis Bank said the initiative is intended to create a more resilient, scalable and automation-enabled operations model.
Cognizant said it will focus on disciplined service delivery, governance-led operations, stability and efficiency.
- Who
- Cognizant and Axis Bank.
- What
- Cognizant has implemented and launched Application Management Services under Axis Bank’s AMS 2.0 initiative.
- Where
- The services cover Axis Bank’s application environment and its listed business verticals; no specific location was stated.
- When
- The announcement was published on September 17, 2026.
- Why
- The initiative is intended to strengthen governance, improve operational consistency, increase automation and support the bank’s evolving technology needs.
Key facts
- Agreement duration
- Five years
- Programme
- Axis Bank’s Application Management Services 2.0 initiative
- Service provider
- Cognizant
- Covered areas
- Branch and Operations; Cards; Corporate Banking and Treasury; Core Platforms and Payments; Finance and Accounting; Retail and Wholesale Banking; Data Platforms and Integration
- Key objectives
- Stronger delivery governance, improved operational consistency and accelerated automation
- Announcement date
- September 17, 2026
Quotes
Avinash Raghavendra
Group Head – Information Technology & Retail Operations at Axis Bank
“The implementation of AMS 2.0 is part of Axis Bank’s efforts to build a more resilient, scalable, and automation-enabled operations model. Cognizant has worked closely with the Bank during this transition to support a complex application environment. We look forward to collaborating with Cognizant for Application Management Services (AMS) to enhance operational effectiveness and support the Bank’s evolving business and technology needs”
thehindubusinessline.com
“We are pleased to collaborate with Axis Bank as part of its AMS 2.0 initiative. Our teams are focused on supporting the bank’s application management requirements through disciplined service delivery, governance-led operations and the responsible use of automation to improve run stability and efficiency”
thehindubusinessline.com
Sources
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