Frequently Asked Questions
WHAT DOES COGNITT DO
With our professional presence in all major cities in India, we provide research, consulting, advisory and competence management services to financial institutions, businesses, households and firms all over India. We specialize in banking regulation and regulatory compliance. We also specialise in providing competence management services and handholding financial institutions in rolling out technology projects for product and process reengineering. Whether you’re a bank, IT professional, engineer, or a small business owner, we will not only faciltate what you do, but also help you stay ahead of your competitors. We bring extensive experience and professionalism to every assignment and customize our support to your individual needs and concerns.
WHAT IS OUR REASON FOR BEING
Augmenting efficiency, through improved decisions. Our mascot, the deer, symbolises human vulnerability, which drives our automatic thinking (System-1) even as our aspirations need us to strengthen our willpower by effortful thinking (System-2). The antlers of our mascot represent these two systems of thinking.
WHAT IS OUR MISSION
To provide research, consulting and advisory services that enable firms, households, organisations and governments to develop and deploy inclusive, fair and sustainable solutions for their toughest challenges.
HOW ARE WE STRUCTURED
As a legal entity we are structured as a limited liability partnership. Cognitt is a non-profit marketplace, which brings together experts from various fields to render research, analytics and consulting services to its clients.
Consulting experts render their professional services through the platform of Cognitt, which ensures that quality parametres are adequately met.
Although our consulting experts are not our employees, they are bound by the quality standards of Cognitt and its commitment to render high quality services at all times.
The professional fees paid by clients are shared between the experts and Cognitt such that operational costs of the platform are covered, leaving the rest for the experts for their services.
WHAT ARE OUR SOURCES OF REVENUE
Our only source of revenue is a share in the professional fees earned by our experts. Our experts pay us a small portion of their earnings as platform fees. Our expenses include costs for copy, filing, messengers, third-party research tools, logistics, consulting fees paid to third-party experts and housekeeping and establishment expenses. Surplus of income over expenditure is given up in charity, in keeping with our non-profit nature.
WHO ARE OUR EXPERTS
Our experts have been leading practitioners in their domains for decades. We understand the pulse of modern technology and behavioral research, and have monitored their evolution to inform our own strategic approaches — all to give our clients exceptional advice that will last for years to come. Our experts come from a variety of domains - from banking development to regulation, from institutional design to behavioral design and from the smallest banks to multinationl corporations.
WHAT ARE OUR AREAS OF WORK
REGULATORY SERVICES: Regulatory compliance services to entities regulated by central banks
REGULATORY ADVISORY: Advising foreign central banks on strategy and international alignment
MANAGEMENT CONSULTING: Consulting services for businesses and firms
BUSINESS RESEARCH: Quantifying human behaviour for business decisions
DATA ANALYTICS: Data analytics for business decisions
BEHAVIORAL METRICS: Psychometric tools for personality and behavioural profiles for personnel and customers
HUMAN CAPITAL MANAGEMENT: Competence mapping and human capital development
WHO ARE OUR CLIENTS
Our clients are banks, financial companies, central banks, firms, NGO's, business organisations, start-ups and so on.
The common thread running along all this disparate group of clients is that they all want to improve the quality of their decisions.