MoneyWorks4Me

TCS inks pact with Israel's Finance Ministry: Report

16 Apr 2019 Evaluate

Tata Consultancy Services (TCS) has reportedly entered into partnership with Israel's Finance Ministry to make technology affordable for small banks in the country. With the Indian IT industry undergoing a transformation, TCS has invested in developing platforms in the banking, insurance, capital markets and retail segments.

In India, TCS created a core banking platform and has taken it to other markets. Having developed the first one, the Ministry of Finance wanted TCS to set-up a complete banking service bureau in Israel.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Peers
Company Name CMP
TCS 2106.00
Infosys 1029.80
HCL Technologies 1270.00
Wipro 165.50
Tech Mahindra 1550.10
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