Cognizant key supplier to UK Financial Services Authority

CHENNAI: Nasdaq-listed IT firm Cognizant, which recently overtook Wipro as the country's third-ranked exporter, has been chosen by the UK financial services regulator Financial Services Authority to be one of its key suppliers.

So far, Tata Consultancy Services ( TCS) has been the most active Indian software vendor in UK government contracts. "As Cognizant, this is our first government sector engagement in the UK. However, PIPC, a London-based global Program Management Consulting firm that Cognizant acquired in 2010, has had a strong public sector presence. We have built upon that and won more clients," Sanjiv Gossain, senior vice-president and head of the UK and Ireland operations of Cognizant, told ET.