Tata Consultancy Services Ltd.

Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organisation, has launched its new Java based Exchange Trading and Surveillance solutions, which is integrated with its market leading Clearing, Depository and Settlement solutions. This integrated solution which has components for Trading, real-time Risk Management, Clearing and Surveillance is a significant enhancement to the capabilities of TCS BaNCS Market Infrastructure and has already been validated in a real-time customer environment. The solution is expected to go live for 2 customers in the next few months.

TCS BaNCS Market Infrastructure is designed and architected to make use of standard (non-proprietary) hardware and system software, without compromising on the requirements of high availability and performance. The solution prevails over current inefficiencies due to disparate systems and usage of expensive infrastructure, thereby ensuring a low TCO and short time-to-market. TCS is the largest comprehensive independent solution provider in the Market Infrastructure space.