TCS Recognized as a Leader in capital Markets Application Services by Everest Group

Deepthi | Myequity news | Date : 09-01-2019 12:50:00 IST

Tata Consultancy Services (TCS) has been recognized as a Leader in the Everest Group PEAK Matrix for Application services in capital Markets.

In an assessment of 27 global service providers offering capital markets application services, TCS was positioned highest for market impact and vision and capability. The report cites TCS' engagements in Agile/DevOps implementation and cloud services as best-in-class examples. According to the report, customers appreciate TCS 'delivery focus in driving advanced agile adoption and see TCS' ability to deliver consistently at a large scale, and its strong technical and domain capabilities as key differentiators.

"Capital markets firms are investing in platforms, cloud computing, and robotic automation to reinvent business models as part of their Business 4.0rM transformation journey," said K Krithivasan, president, Banking, Financial Services, and Insurance group, TCS. "Our positioning as a Leader in this independent, third-party assessment is o testament to our investments in IP, capabilities, and market success in the capital markets space."

"The capital markets industry is leveraging a platform-based economy to gain efficiency, collaborate with the ecosystem, and create superior experience. Capital market firms ore prioritizing costs optimization in their run the business initiatives and channel these savings to their change program," said Ronak Doshi,

"With sustained focus on customer centricity, contextual knowledge, and industry-aligned solutions implemented using Agile methodologies, we are helping capital markets firms increase market share and going competitive edge," added Krithivasan.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organisation that has been partnering with many of the world's largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering.

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