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Cognizant Technology Solutions has acquired the Equinox Consulting, a financial services consulting firm based in France. The terms of the transaction were not disclosed.
Equinox provides business consulting services across investment banking, asset management, retail banking, insurance, and specialized financial services. Founded in 2004, it is known for its deep regulatory consulting expertise, including Basel III and Solvency. In addition, it focuses on strategy consulting, organisation and operations management, change management, and HR consulting.
About 160 consulting professionals will join Cognizant, according to a press release issued by Cognizant.
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