-12.05 (-0.55%) Tata Consultancy Services’ (TCS) Quartz has been recognized as a leading software provider in the Celent Solutionscape on Crypto Players in Transaction Banking and Payments. The report describes how traditional banks, fintechs and big tech companies are vying to build better transaction banking/payment rails. In an examination of 11 firms driving the new rails in retail and wholesale payments, Quartz has been included as a leading provider of software used to build blockchain networks and issue smart contracts/digital assets. The report highlights the availability of targeted solutions from Quartz that are enabling the production roll out of blockchain ecosystems for areas including cross border remittances, inter-bank borrowings, cross border settlements and crypto services. Quartz redefines how organizations can collaborate in an increasingly connected world and leverage their collective strengths using blockchain technology.
TCS 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.