Coforge collaborates with Denodo to offer data modernization for BFSI

Mumbai: Coforge Limited has announced its partnership with Denodo, a leading data integration, management and delivery platform, to enable banks and other financial organizations to engage in agile modernization projects without affecting daily operations. Under the partnership, Denodo will bring its logical data integration and data management approach, powered by data virtualization, while, Coforge will bring its design and implementation expertise at BFSI clients, enabling companies to overcome challenges like security, compliance, systemic risks, downtime, and data migration quality, so they can gain the necessary agility to engage in migration or modernization projects in response to diverse business needs.

Commenting on the partnership, Suresh Chandrasekaran, Executive Vice President at Denodo, said, “We are excited to embark on this strategic collaboration with Coforge to help accelerate business transformation at banks and financial services organizations through agile self-service data delivery and data modernization, while also addressing key challenges such as security, governance, and migration risk. Denodo’s best in class data integration and management offering combined with Coforge’s 40-year long expertise in design thinking and implementation will stimulate data and analytics innovations among our mutual BFSI clients.”

Deepak Khetpal, Executive Vice President and Global Head of Data and Analytics, Coforge, said, “We are delighted to establish this relationship with Denodo, a leading platform in data virtualization and logical data management, in light of the growing relevance of data analytics, particularly in our fastest growing banking and financial services business.” He further commented, “This forward-thinking alliance will enable us to better address the needs of our clients, providing them with easier access to vital data sources and greater flexibility in data virtualization efforts. We believe the partnership will bring together Denodo’s fine technical expertise and Coforge’s deep domain driven design thinking and implementation prowess.”