Tata Consultancy Services Ltd.

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TCS’ Quartz ranked as number one fraud management solution

Date: 27-07-2022

Tata Consultancy Services’ (TCS) Quartz has been named an Industry Special Leader and ranked as the number one Fraud Management solution in the IBS Intelligence Sales League Tables (SLT) for 2022. The IBS SLT is the result of an annual benchmarking exercise that ranks global banking technology suppliers across 22 system categories based on the number of new customer contracts signed in a given calendar year. It has been running for over 21 years and has become a barometer for financial technology supplier sales performance across the banking and financial services industry.

The Quartz solution has been designed on the principles of co-existence, interoperability, and integration, making it easy for both institutions and regulators to monitor and manage financial compliance using cutting-edge technology, such as robotic process automation, machine learning and advanced analytics. Sophisticated machine learning models enable behavioral analysis, network analytics, transaction fraud and anomaly detection to identify outliers and score risks. Quartz provides a holistic client risk profile to ensure a consistent experience for clients across channels and dynamic clustering to detect hidden customer segments.

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.