Cognizant biggest gainer in banking and finance deals

Cognizant has increased its strength in the banking, financial services, and insurance (BFSI) with the highest incremental revenues in the verticle

The firm overtook TCS in this metric. Cognizant added $537 million to its BFSI revenues in 2014, compared to the year before. TCS added $523 million.

BFSI is one of the biggest spenders on IT. Cognizant reportedly earn 42% of its revenues from the segment, TCS 41%, Infosys 33%, Wipro 27% and Accenture 22%.

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