MoneyWorks4Me

TCS deploys TCS BaNCS for market infrastructure product for Strate

13 Dec 2019 Evaluate

Tata Consultancy Services (TCS) has successfully deployed the TCS BaNCS for Market Infrastructure product for Strate, the Central Securities Depository (CSD) for the electronic settlement of financial instruments in South Africa, across five exchanges. The implementation covers all markets and asset classes and marks a significant transformation in the South African securities market.

A key objective for Strate was to modernize its technology stack to support its growth and transformation objectives to serve the South African financial markets.

Tata Consultancy Services 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 2449.45
Infosys 1151.00
HCL Technologies 1370.00
Wipro 183.90
Tech Mahindra 1775.00
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