Tech Mahindra Ltd.

Tech Mahindra has launched Managed Data Service (MDS), a fully managed end-to-end reference data management Business Process as a Service (BpaaS) solution for the financial services industry in North America. This solution has already witnessed a significant traction in European markets.

The MDS solution is designed around a utility model and comprises three integrated components - technology infrastructure, operational outsourcing and specialized software IP. The key benefits include assured data quality, operating cost reduction, capex to Opex transformation and improved operational efficiency.

In Europe, the MDS platform is the first of its kind to be live at a major Tier 1 bank and offers a true utility-based solution for instrument reference, pricing, corporate actions and tax data. Tech Mahindra MDS offers a proven offshore facility with established connections to all the major data vendors.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.