Recognos Inc.

Recognos, Inc. is a diverse software and applications development firm established in August 1999, in Silicon Valley, California. Recognos is an ISO 9001:2000 certified company for the implemented Quality Management System. Recognos is not a traditional outsourcing firm; rather it predominately develops systems by leading end-to-end processes, from requirements gathering to final implementation. With a development facility based in Eastern Europe, Recognos has developed for various firms within the financial services industry:

Complex systems for Investments:

  • Portfolio Engineering Tool
  • Trade Order Management System
  • Commission Reconciliation Processor
  • Employee Trade Compliance
  • CRM extensions

Banking Systems:

  • Risk management applications (scoring, credit/debit cards management system, POS management system, credit management system,
  • CRM system (Customer Relationship Management System)
  • Complex informational infrastructure (messaging system, integration with the Intranet)

In June 2007 Recognos expanded its already considerable bandwidth through the creation of a strategic development partnership with the iQuest Group. in order to provide world class technology solutions for the Banking and Investment Industries in Europe and the United States. The two companies together offer a shared talent pool of over 270 developers, business analysts, test engineers, and consultants with deep business knowledge and experience in the development of complex solutions including: corporate actions, mortgage brokerage, risk management, trading, order management, incentives management, and various other subjects related to the financial services industry.

The joint development teams, situated in Romania, will provide a very experienced pool of talent to customers of both companies. In the long run the partnership also envisions integrating the products developed by both companies in order to provide comprehensive solutions for mid and large sized companies located on both sides of the Atlantic.