Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a significant expansion of its partnership with Aviva, the UK’s foremost Insurance, Wealth, and Retirement provider. This 15-year extension aims to transform Aviva’s UK Life business, focusing on enhancing customer experience through the TCS BaNCS based platform. The cornerstone […]
Tata Consultancy Services (TCS), an industry leader in IT services, consulting, and business solutions, has announced a strategic partnership with Standard Life International DAC (SLIDAC), a wholly owned subsidiary of Phoenix Group. This collaboration seeks to revolutionize Standard Life International DAC’s operating model and significantly enhance customer experience using TCS Digital Platform for Life and […]
Tata Consultancy Services (TCS) has been engaged by Phoenix Group under a contract worth over £600 million for the digital transformation of the British long-term savings and retirements provider’s ReAssure business using the TCS BaNCS based platform. In 2020, Phoenix Group acquired ReAssure, which is a life insurance provider based in 2020. The former expects […]
Tata Consultancy Services (TCS) said that its TCS BaNCS Cloud product suite designed for banking, capital markets, and insurance segments is now available on Google Cloud. According to the Indian IT services provider, TCS BaNCS, which is powered by Google Cloud’s technology, will help financial services providers with cloud-native capabilities to expedite digitization and propel […]
Tata Consultancy Services (TCS) said that the Singapore Exchange (SGX) has selected its TCS BaNCS solution to power the NSE IFSC-SGX Connect (Gift Connect), the latter’s program to connect to NSE IFSC, a wholly-owned subsidiary of the National Stock Exchange of India (NSE), for trade execution and clearing of Nifty products on behalf of its […]
Tata Consultancy Services (TCS) has launched TCS BaNCS Marketplace to enable financial services companies in expediting innovation with their partner ecosystem. According to the Indian IT services provider, TCS BaNCS Marketplace is an innovation hub that allows customers to join forces and implement cutting-edge solutions from partners that are compatible with the TCS BaNCS suite, […]
Tata Consultancy Services (TCS) has been chosen by The Multi Commodity Exchange India (MCX), an Indian commodity exchange, as its technology solution provider for helping in its growth and transformation journey. Under Project Udaan, Tata Consultancy Services will help Multi Commodity Exchange India develop a new technology core, transforming its trading and also its post-trade functions, for underpinning its future growth and further consolidate its position […]
Tata Consultancy Services (TCS) said that Standard Bank has selected TCS BaNCS Cloud for Insurance solution for Standard Insurance Limited, its short-term insurance business in South Africa, in order to power its digital claims transformation. To be delivered on a SaaS model on Amazon Web Services (AWS) Cloud, TCS BaNCS Cloud for Insurance will help […]
Tata Consultancy Services (TCS) said that its blockchain-based solution Quartz has integrated its ledger management solutions with Thales Group to provide customers with security for custody, trading and settlement transactions across a variety of crypto and digital assets. According to TCS, while crypto and digital assets are powering the creation of a tokenized economy, secure […]
Tata Consultancy Services (TCS) has launched a new blockchain-based solution called Quartz for Markets to enable exchanges, financial institutions, and other market infrastructure institutions (MIIs) to innovate with tokenized assets. Quartz for Markets will help the MIIs in tapping blockchain technology for providing end-to-end next generation services around tokenized securities and drive their growth for […]