Tata Consultancy Services Ltd.

Tata Consultancy Services’ TCS flagship product TCS BaNCS has been implemented by Euroclear Finland for all asset classes. This is the first transformation in Europe, where a Central Securities Depositories (CSD) replaced its core legacy system. In addition, Euroclear also made significant enhancements and upgrades to its issuance and post trade services. ‘Infinity’, powered by TCS BaNCS for Market Infrastructure, is a program that replaces legacy platforms with a single modern, standards-based settlement and safekeeping platform.

This new platform will enable flexibility and agility for issuance of book-entries, clearing and settlement of transactions with unique coexistence of ISO 15022 and 20022 standards, and state of the art corporate actions processing at a CSD. ‘Infinity’ is also connected to the TARGET2, Bank of Finland's system for cash settlement. The new platform replaces existing Euroclear systems, and covers all asset classes including fixed income, equities, warrants and mutual funds.

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.