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The collaboration will co-innovate to deliver AI-powered solutions, combining Microsoft's trusted cloud with Cognizant's industry platforms to help organizations redefine work and scale innovation.
TEANECK, N.J., Dec. 18, 2025 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced a multi-year strategic partnership with Microsoft to help global enterprises become AI-powered frontier firms: organizations that redefine work, unlock new value, and scale innovation responsibly.
Under this agreement, Cognizant and Microsoft will co-build industry-grade AI solutions, jointly co-sell globally and collaborate on large-scale deals across key sectors including Financial Services, Healthcare and Life Sciences, Retail, and Manufacturing.
The partnership will embed agentic AI and Copilot powered by Work IQ, Foundry IQ and Fabric IQ capabilities into mission-critical workflows, accelerating productivity, customer experience and operational resilience. This partnership also expands on the Cognizant Neuro® AI Suite of offerings Cognizant is bringing to the market which leverage Microsoft cloud and AI services.
"Today, AI underpins and shapes every transformation program we drive," said Ravi Kumar S, CEO, Cognizant. "We will co-build scalable solutions, co-sell globally and partner on large deals that deliver measurable outcomes for our clients by aligning this partnership to our three-vector AI builder strategy.
Kumar continued, "By combining Microsoft's trusted cloud and AI with Cognizant's industry platforms, we are strongly positioned to help clients solve the last-mile challenge of scaling AI across the enterprise."
Cognizant will scale Microsoft 365 Copilot and GitHub Copilot adoption across delivery and consulting teams, while upskilling associates on Microsoft Azure, Azure AI Foundry, and related technologies, creating an agile, AI-fluent workforce. The collaboration will also harness Cognizant's proprietary platforms, including TriZetto, Skygrade, and FlowSource™, to deliver sector-specific advancements and modernize software engineering at scale.
"Cognizant's ability to marry deep industry expertise with bold innovation makes them an outstanding partner as we co-innovate to help enterprises become AI-powered Frontier Firms," said Judson Althoff, Chief Executive Officer of Microsoft's commercial business. "By combining Microsoft's trusted cloud and agentic AI capabilities with Cognizant's platforms and delivery scale, we will accelerate the creation of industry-specific solutions that are embedded in the flow of work and unlock transformative value for our joint customers around the world."
For more information about Cognizant's partnership with Microsoft, visit this page.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
For more information, contact:
The collaboration will co-innovate to deliver AI-powered solutions, combining Microsoft's trusted cloud with Cognizant's industry platforms to help organizations redefine work and scale innovation.
TEANECK, N.J., Dec. 18, 2025 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced a multi-year strategic partnership with Microsoft to help global enterprises become AI-powered frontier firms: organizations that redefine work, unlock new value, and scale innovation responsibly.
Under this agreement, Cognizant and Microsoft will co-build industry-grade AI solutions, jointly co-sell globally and collaborate on large-scale deals across key sectors including Financial Services, Healthcare and Life Sciences, Retail, and Manufacturing.
The partnership will embed agentic AI and Copilot powered by Work IQ, Foundry IQ and Fabric IQ capabilities into mission-critical workflows, accelerating productivity, customer experience and operational resilience. This partnership also expands on the Cognizant Neuro® AI Suite of offerings Cognizant is bringing to the market which leverage Microsoft cloud and AI services.
"Today, AI underpins and shapes every transformation program we drive," said Ravi Kumar S, CEO, Cognizant. "We will co-build scalable solutions, co-sell globally and partner on large deals that deliver measurable outcomes for our clients by aligning this partnership to our three-vector AI builder strategy.
Kumar continued, "By combining Microsoft's trusted cloud and AI with Cognizant's industry platforms, we are strongly positioned to help clients solve the last-mile challenge of scaling AI across the enterprise."
Cognizant will scale Microsoft 365 Copilot and GitHub Copilot adoption across delivery and consulting teams, while upskilling associates on Microsoft Azure, Azure AI Foundry, and related technologies, creating an agile, AI-fluent workforce. The collaboration will also harness Cognizant's proprietary platforms, including TriZetto, Skygrade, and FlowSource™, to deliver sector-specific advancements and modernize software engineering at scale.
"Cognizant's ability to marry deep industry expertise with bold innovation makes them an outstanding partner as we co-innovate to help enterprises become AI-powered Frontier Firms," said Judson Althoff, Chief Executive Officer of Microsoft's commercial business. "By combining Microsoft's trusted cloud and agentic AI capabilities with Cognizant's platforms and delivery scale, we will accelerate the creation of industry-specific solutions that are embedded in the flow of work and unlock transformative value for our joint customers around the world."
For more information about Cognizant's partnership with Microsoft, visit this page.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
For more information, contact:
U.S.
Name Ben Gorelick
Email benjamin.gorelick@cognizant.com
Europe / APAC
Name Sarah Douglas
Email sarah.douglas@cognizant.com
India
Name Vipin Nair
Email Vipin.nair@cognizant.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Cognizant and Microsoft Expand Partnership to Advance AI Transformation and Frontier Firm Experiences
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APIA, Samoa, April 2, 2026 /PRNewswire/ -- Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.
According to the April 2026 Proof of Reserves, Phemex maintains overcollateralized reserves across key cryptocurrencies, including BTC at 133.11%, ETH at 141.61%, USDT at 103.61%, and SOL at 155.62%. All reported assets exceed a 100% reserve ratio, indicating that user liabilities are fully covered and assets remain accessible at all times.
Phemex's Proof of Reserves uses a Merkle tree-based verification model, enabling users to independently confirm that their balances are included in the platform's total liabilities while preserving data integrity and privacy. This cryptographic approach allows for transparent verification without exposing individual account data.
Federico Variola, CEO of Phemex, commented: "Being user-first, in practice, means giving users clear visibility into how their assets are held and managed. Publishing Proof of Reserves on a consistent basis is part of that approach, ensuring transparency is built into the system rather than treated as a one-time check. It's about creating a platform where users can operate with confidence, knowing the fundamentals are in place."
By releasing Proof of Reserves on a recurring monthly basis, Phemex provides a verifiable view into platform solvency and reserve backing. The April 2026 update continues this practice, supporting greater accountability and measurable transparency in the digital asset ecosystem. Ongoing investments in infrastructure, system stability, and user experience aim to ensure that traders can manage assets, execute trades, and access funds without friction.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For more information, please visit: https://phemex.com/
APIA, Samoa, April 2, 2026 /PRNewswire/ -- Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.
According to the April 2026 Proof of Reserves, Phemex maintains overcollateralized reserves across key cryptocurrencies, including BTC at 133.11%, ETH at 141.61%, USDT at 103.61%, and SOL at 155.62%. All reported assets exceed a 100% reserve ratio, indicating that user liabilities are fully covered and assets remain accessible at all times.
Phemex's Proof of Reserves uses a Merkle tree-based verification model, enabling users to independently confirm that their balances are included in the platform's total liabilities while preserving data integrity and privacy. This cryptographic approach allows for transparent verification without exposing individual account data.
Federico Variola, CEO of Phemex, commented: "Being user-first, in practice, means giving users clear visibility into how their assets are held and managed. Publishing Proof of Reserves on a consistent basis is part of that approach, ensuring transparency is built into the system rather than treated as a one-time check. It's about creating a platform where users can operate with confidence, knowing the fundamentals are in place."
By releasing Proof of Reserves on a recurring monthly basis, Phemex provides a verifiable view into platform solvency and reserve backing. The April 2026 update continues this practice, supporting greater accountability and measurable transparency in the digital asset ecosystem. Ongoing investments in infrastructure, system stability, and user experience aim to ensure that traders can manage assets, execute trades, and access funds without friction.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For more information, please visit: https://phemex.com/
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Phemex Publishes April 2026 Proof of Reserves, Reporting 131% Total Reserve Ratio
