March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant...
Transcript of March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant...
© 2018 Cognizant
© 2018 Cognizant
March 7th, 2018
R3 CordaCon TokyoCognizant Corda DLT Case StudyLaneesh Vazhyayil / ラニーシュ
© 2018 Cognizant
Ø Company Overview
Ø Corda DLT Demo
Collaborative Information Exchange
Platform
© 2018 Cognizant3
Cognizant Overview
Founded in 1994 (NASDAQ: CTSH)
~260,000 employees*
35+ Regional sales & Client relationship offices
357 Strategic Clients
Market Cap $41.88 Bn*
FY 2017 Revenue: $14.81 Bn (9.8% YOY)
Revenue (Q4 2017): $3.83 Bn (10.6% YOY)
Guidance: $16 - $16.30 Bn for FY 2018; $3.88 - $3.92 Bn for Q1 2018
100+ Global Delivery Centers
Headquarters: Teaneck, NJ
IDC FinTech Rankings Top 100, 2017
Most valuable IT Services brands of 2017, Brand Finance
Fortune’s World’s Most Admired Companies,
Years in a row
Fortune 500
Forbes Global 2000
Everest Group’s PEAK Matrix Service Provider of the YearTM for
IT services, 2017
Fortune Future 50 U.S. Companies Best Positioned
for Breakout Growth
Top 100 Global Tech Leader 2018, Thompson Reuters
Revenue Mix: (FY 2017)
NA: 77.3%, Europe: 16.2%, RoW: 6.5%
BFSI: 38.1%, Healthcare: 28.8%, Products & Resources: 20.5%, Communications, Media & Technology: 12.6%
Digital Revenue: 27%
*(as of Dec. 29, 2017)
© 2018 Cognizant
Banking and Financial Services (BFS) Practice Overview
BUILDING CAPABILITIES
7 Focus Areas across Banking & Capital Markets
55,300 + employees world-wide 20+ Digital Solutions
BROADENING MARKETS
16 out of top 20North American
Financial Institutions
9 out of top 10European Banks
25 CountriesIncluding Delivery
Centers
25+ Alliances and Partners 10+ FinTech Partnerships
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© 2018 Cognizant5
Blockchain Capabilities – In Brief
BlockchainFrameworkExpertise
OfficialPartnerships
400+BlockchainSMEsAcross
Verticals
19+BlockchainClients
28+Delivered Blockchain
Solutions – 1 Production Implementation18+
BlockchainSolutionAccelerators
LearnIndustry-leadingexecutiveworkshopstounderstand
blockchain,evaluatedifferentusescases&understandmarketdynamics
PlanStrategy&advisoryservicestoassessorganizational
readiness,forecastbusinessimpact&buildbusinesscaseorgo-to-marketplan
BuildDesign,prototype&developMVPswithCognizant’sworld-
classblockchaintechnologists&domainexperts
Grow:Enterprise-gradeblockchainsolutiondevelopment&scaling
servicesforinternal,external&consortiumprojects
BlockchainServices
Abilitytointegrationblockchainintoenterprise
architecture
Pre-builtsolutionacceleratorstoexpedite
timetomarket
Partnershipdrivenapproachtocapturemarket
innovation
Industryleadinginnovationlabtodevelopdisruptive
applications
IndustryCollaborations
ExecutiveMember
BlockchainWorkingGroup
© 2018 Cognizant
Ø コグニザント会社紹介
Ø Corda DLT Demo
Collaborative Information Exchange Platform
© 2018 Cognizant7
Corda DLT Demo - Collaborative Data Exchange Platform
Future Issues Expected in Coming Years
Insurance Consortium Initiative
• Rapid increase in number of insurance applicants would require simpler assessment process and faster turnaround time
• Number of Claims is also expected to rise, so any reference of claims information of other companies will help in faster processing
• Insurances companies have come together to create a consortium and have started discussing about the need of data sharing
• Develop prototype of data sharing platform, Regulatory is also involved to explore the possibility of easier regulations.
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GrowthinlifeInsurancePremium(US$billion)
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© 2018 Cognizant
Data Sharing Between the Companies in Priority Network• Priority Network Companies
will have the full real time view of the Data shared by the other network participants
Demo Scenario
Data Sharing With Regulatory• Regulatory will have the
Detailed view of all the Data Shared by all the Network Participants
Data Sharing Between the Companies outside Priority Network• The companies outside Priority
Network will have the list view only but for detailed information they need approval form the data owner
© 2018 Cognizant9
Highlights of the proof of concept
10 weeksProject Timeline
3 DeliverablesDocuments and Solution
P2P Network Model
8 MemberTeam Composition
6 Participants
A Consortium within a Consortium and a
Priority Network
Provision for smart contract led approvals
Real time notifications
Metering Module through smart
contracts
Hybrid data storage on the
network
View for the Regulator
Infrastructure on Microsoft Azure
Blockchain/DLT Framework of R3 Corda
© 2018 Cognizant10
Video Demo
© 2018 Cognizant
With Global, Cross-industry, and Hands-on Experience
GlobalFinancialServicesCompany
USBasedPaymentNetworks LargeEnergyUtility
Company
LargeInsuranceProvider
LargeJapaneseBank
LargeInsuranceProvider
LargeGlobalRetailer
LargeJapaneseNBFC
FranceBasedLargeGlobalBanks
LargeInsuranceProvider
InsuranceForumLedPlatform
LargeUSBasedBank
ALargeUSBasedFinancialServices
Company
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CommercialRealEstateServicesCompany