US-based Cognizant has signed a multi-year agreement with Savings Banks Group, Oma Savings Bank Plc and POP Bank Group to construct a cloud-based shared ledger based on Temenos T24 and Savings Hub products.
As part of the agreement, Cognizant will acquire Oy Samlink Ab, the current technology services provider owned by Savings Banks Group (42%), Aktia Bank (22.56%), Oma Savings Bank (15.45%), Handelsbanken (7.53%), Posti Group (5.88%), POP Bank Group (5.24%) and several other minority shareholders.
Read More … Source Finextra