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© 2018 Cognizant March 7 th , 2018 R3 CordaCon Tokyo Cognizant Corda DLT Case Study Laneesh Vazhyayil / ラニーシュ

March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

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Page 1: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 2018 Cognizant

© 2018 Cognizant

March 7th, 2018

R3 CordaCon TokyoCognizant Corda DLT Case StudyLaneesh Vazhyayil / ラニーシュ

Page 2: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 2018 Cognizant

Ø Company Overview

Ø Corda DLT Demo

Collaborative Information Exchange

Platform

Page 3: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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)

Page 4: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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

4

Page 5: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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

Page 6: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 2018 Cognizant

Ø コグニザント会社紹介

Ø Corda DLT Demo

Collaborative Information Exchange Platform

Page 7: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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.

0 0 1 2 3 6

13 14 17 19 18

14 13 15 15 18.31

10 11

14

17

21

28

37 34

39

45 48

38 39 39.3

39.6

46.61

0

10

20

30

40

50

60

70

FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17

GrowthinlifeInsurancePremium(US$billion)

Private Public

Page 8: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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

Page 9: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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

Page 10: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 2018 Cognizant10

Video Demo

Page 11: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 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

11

CommercialRealEstateServicesCompany

Page 12: March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study · © 2018 Cognizant © 2018 Cognizant March7th,2018 R3 CordaConTokyo CognizantCordaDLT Case Study Laneesh Vazhyayil

© 2018 Cognizant

Thank youAccount Manager: Vazhyayil, [email protected]

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