Envestnet taps TCS to scale Bangalore-based data and analytics business
Envestnet, a US-based provider of intelligent systems for wealth management and financial wellness, has entered into a partnership with Tata Consultancy Services (TCS) to increase the operational scale and business agility of its data and analytics business in India.
Under the agreement, Tata Consultancy Services will help in globally scaling Envestnet’s Data and Analytics business located in Bangalore with technologies that anticipate client requirements.
Farouk Ferchichi — Envestnet Data and Analytics Group President said: “We are pleased to partner with TCS to accelerate our response to the growth opportunities in the marketplace, allowing us to gain additional scale and be more dynamic in meeting clients’ expectations.
“TCS will provide our employees with opportunities to grow and expand their careers within an environment that will continue to recognize and value their contributions. As we benefit from the increased scale and agility, we look forward to accelerating our go to market strategy and deepening our customer relationships.”