TCS ranks #2 in Capital Markets Services software segment by HFS Research

Tata Consultancy Services (TCS) has been ranked quantity two within the HFS High 10 for Capital Markets Providers. In an evaluation of 11 capital markets providers suppliers, TCS was ranked quantity two for its technique and imaginative and prescient, and one workplace alignment, and quantity three for total innovation, execution, and voice of the client.

“Clever applied sciences like AI, ML, blockchain, and cloud are redefining the capital markets panorama, bringing in effectivity, service differentiation and improved buyer engagement,” mentioned Ok Krithivasan, President and Enterprise Group Head, Banking, Monetary Providers and Insurance coverage, TCS. “This recognition by an unbiased third-party analysis agency displays the immense worth we ship to our prospects, serving to them construct resilient and scalable companies.”

In response to Elena Christopher, Govt Analysis Chief – Monetary Providers, HFS, “Capital markets is a fragmented set of sub-markets throughout the sell-side, buy-side, and market infrastructure enablers. The sub-domains are largely united of their palpable must modernize their companies, optimize their processes, and drive some semblance of digital buyer expertise.

TCS was a pacesetter in our research, securing the #2 place total, enabled by its end-to-end capabilities throughout providers and capital markets sub-segments – supported by one of many largest international supply footprints. Its ongoing investments in its capital markets enterprise by way of native boots on the bottom, continued enlargement in supporting necessities throughout CIO and non-CIO shopping for facilities, and its robust innovation and R&D focus allow its function as a powerful progress companion for capital markets corporations.”

“With our wealthy expertise in capital market providers, regulatory data, investments in innovation and analysis and our advisory, expertise, and operations experience, we’re propelling capital market corporations in direction of a safe and boundaryless future,” added Ok Krithivasan.

At round 3:03 PM, Tata Consultancy Providers Ltd is at present buying and selling at Rs3,130 per share down by Rs2.85 or 0.09% from its earlier closing of Rs3,132.85 per share on the BSE.

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