Tata Consultancy Services (TCS) has helped Legal & General (L&G), one of the UK’s leading financial services companies and a major global investor, successfully complete the transfer of its insurance-based savings, pensions, life and with-profits policies to ReAssure (now part of the Phoenix Group).
TCS built and implemented a solution to securely extract, transfer and subsequently delete large volumes of in-scope data from a complex and integrated IT estate without impacting the existing business. Additional solutions were designed to allow inflight business transactions to seamlessly transfer from L&G to ReAssure in case of a successful transfer or remain operational within L&G in case of a failed transfer event, with minimal manual intervention. The company has been part of this strategic journey since 2017 and worked closely with the L&G team to take timely actions to ensure regulatory compliance, optimise outcomes whilst ensuring no material detriment to the business and customers.
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.
Company Name | CMP |
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TCS | 3825.00 |
Infosys | 1430.15 |
HCL Tech. | 1476.80 |
Wipro | 464.65 |
Tech Mahindra | 1277.45 |
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