Bengaluru , June 8 : Global analytics software leader FICO announced that Cognizant has been named one of the winners of its second annual Global System Integrator Partner Hackathon. Held at FICO’s Bengaluru campus, the event invited leading GSI partners to compete in building real-world solutions to complex financial challenges using FICO Platform, with one winning team selected from each participating partner
The winning Cognizant team developed Wealth360 Decision Hub, a governed, end-to-end digital wealth management platform built on FICO Platform that automates customer onboarding and portfolio management through goal-based, explainable decisioning.
“Wealth management has long struggled with slow, fragmented onboarding processes, inconsistent compliance checks, and investment recommendations that are difficult to explain to regulators and customers alike,” said Premalatha Rajasekaran, team leader for Hackathon, Cognizant. “Wealth360 Decision Hub looks to tackle these challenges by bringing together automated onboarding, goal-based investment recommendations, and transparent decisioning that can be easily understood by both customers and regulators.”
The solution combines behavioural and life-stage insights with business rules, scorecards, and suitability logic to deliver personalized investment recommendations while supporting regulatory compliance and auditability. Every decision is transparent, regulator-ready, and can be easily explained and replayed. Key benefits include significant reduction in onboarding turnaround time, improved compliance accuracy, scalable personalization across customer segments, and enhanced customer trust through explainable outcomes.
“Effective wealth management demands thousands of consistent, compliant, and personalised decisions made at speed and at scale,” said Nageswar Cherukupalli, Senior Vice President and Banking, Capital Markets, Insurance and Strategic Initiatives Business Unit Leader, Cognizant. “With FICO Platform, our team developed a solution that rises to that challenge, streamlining complexity through explainable, automated decisioning so that wealth managers can focus on delivering exceptional client outcomes.”
The Cognizant solution was evaluated by a panel of five FICO judges based on alignment with the challenge, business impact, innovation, customer appeal, teamwork, and quality of presentation.
Recognition at FICO® World 2026
The winning Cognizant team presented their solution at FICO World 2026, which took place May 19 to 22, 2026, at the Signia by Hilton, in Orlando, Florida. The team presented in the Demo Theatre in a session titled Digital Wealth Management, giving attendees an in-depth look at how goal-based, explainable decisioning can transform the way wealth managers serve and onboard customers at scale.
To mark the achievement, they were also honored on the main stage as part of the event’s celebration of partner-led innovation.
Last year, Cognizant won for an AI-powered financial marketing solution. This year they went further, with a more complex challenge and a clear step up in their depth and confidence with FICO Platform.
“The wealth management industry is at an inflection point,” said Jason Andrew, Chief Revenue Officer at FICO. “Customers expect the kind of personalised, instant experience they get from every other digital service in their lives, and regulation is only getting more demanding. Cognizant showed exactly how FICO Platform can help the industry meet both of those challenges head-on, and that is why they won.”