Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix for Open Finance IT Services. According to the report, TCS’ Business 4.0 strategy focusing on the rise of digital technologies across industries drives its Open Finance initiative. It goes on to talk about the open banking influencer program established within…
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TCS Named a Leader and Star Performer in Guidewire Services by Everest Group
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•Tata Consultancy Services (TCS) has been positioned as a Leader and a Star Performer in Everest Group’s PEAK Matrix for Guidewire Services. Cited as key strengths were TCS’ extensive offshore presence with scaled agile delivery process, vast experience in managing large-scale IT transformation for insurers, and well-diversified client portfolio for Guidewire services. According to the report,…
TCS named a leader in Financial Crime and Compliance Operations by Everest Group
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•Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix for Financial Crime and Compliance (FCC) Operations. According to the report, TCS has built capabilities across the FCC operations value chain, which is reflected in its revenue growth. It goes on to say that initiatives such as the establishment of…
TCS among top 3 insurance service providers
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•Tata Consultancy Services (TCS) has been positioned among top three providers in the HFS Top 10 for Insurance Services. In an assessment of 18 insurance service providers, TCS ranked #1 for overall execution, breadth and depth of insurance capabilities, and scale of business, a statement said. “In an era of uncertainties, new risks and growing…
TCS Named a Leader in Life & Annuities Insurance Application and Digital Services
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•Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix for Life & Annuities (L&A) Insurance Application and Digital Services. In an assessment of 21 global service providers offering application and digital services to L&A insurers, TCS was placed…
TCS recognised as a Leader in Mortgage Operations by Everest Group
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•Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Mortgage Operations. In an assessment of 19 mortgage operations service providers, TCS was placed highest for its vision and capability as well as market impact. The report says that TCS…
TCS acquires Pramerica Services unit from insurance major Prudential Financial
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•Tata Consultancy Services, a global IT services, consulting and business solutions organisation, and Prudential Financial, Inc. (PFI), a financial wellness leader and premier active global investment manager, announced that they are entering into an agreement that will see TCS acquire the staff and select assets of Pramerica Systems Ireland Ltd. (Pramerica), PFI’s subsidiary based in…
TCS recognised as a leader in Life, Annuities & Pensions BPS
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•Tata Consultancy Services, a global IT services, consulting and business solutions organisation, announced that it has been recognized as a Leader in the NelsonHall NEAT for Life, Annuities (L&A) and Pensions BPS. In an assessment of 12 global insurance service providers, TCS was placed highly for its ability to deliver immediate benefits and to meet…
TCS recognised as a Leader and Star Performer in Open Banking IT Services by Everest Group
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•Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has been recognized as a Leader and Star Performer in the Everest Group PEAK Matrix for Open Banking IT Services. In an assessment of 24 leading open banking IT service providers, TCS has been placed highest for its market impact.…
TCS’ cloud solution to help US Banks in loan forgiveness
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•Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has announced the development of a cloud-based, end-to-end solution to help banks accept and process forgiveness requests as part of the Small Business Administration (SBA) Paycheck Protection Program (PPP) under the Coronavirus Aid Relief and Economic Security (CARES) Act passed by the…
TCS recognised as a Leader and Star Performer in Life & Annuities insurance application and digital services
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•Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been recognized as a Leader and Star Performer in the Everest Group PEAK Matrix@ for Life & Annuities (L&A) Insurance Application and Digital Services. In an assessment of 20 global service providers offering L&A insurance application and digital services, TCS was…
TCS recognised as a leader in Capital Markets Operations by Everest Group
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•Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix for Capital Markets Operations. In an assessment of 24 global service providers offering capital markets operations services, TCS was placed highest for Vision and Capability, as well as Market impact.…
Everest Group positions TCS as leader in Financial Crime and Compliance Operations Services
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•Tata Consultancy Services has been named a leader in the Everest Group PEAK Matrix for Financial Crime and Compliance (FCC) Operations Services. TCS received this recognition for the second year in a row. According to the report, TCS is among the top three FCC operations service providers by revenue and dominates areas such as Know…