LONDON and MUMBAI, India, Nov. 6 /PRNewswire-FirstCall/ -- TCS Financial
Solutions, a strategic business unit of Tata Consultancy Services (TCS),
(BSE: TCS.BO, NSE: TCS.NS), focused on providing business application
solutions to the banking, insurance and capital markets industries, today
announced that it is has been selected to develop a series of modules to
enhance the global custody business of RBC Dexia Investor Services.
RBC Dexia is one of the world's leading providers of institutional
investor services, with more than USD 2.6 trillion in client assets under
administration and offices in 15 countries. RBC Dexia has chosen the proven
TCS BaNCS platform, because of its flexibility, scalability and its capacity
to handle anticipated growth in business volumes.
Rob Wright, Chief Operating Officer of RBC Dexia commented, "This
initiative reinforces our ongoing commitment to provide our clients around the
world with best-in-class, integrated solutions to meet their business needs.
We are very pleased to be working with TCS Financial Solutions, a business
unit well-known for developing technology solutions for the global financial
Mr. N. Ganapathy Subramaniam, President of TCS Financial Solutions said:
"We are pleased to be working with RBC Dexia on the implementation of TCS
BaNCS. This is a truly global initiative that will deliver extraordinary
client experience through Straight-Through-Processing, customized reporting,
interactive technologies and much more. TCS Financial Solutions will provide
the same deployment certainty through its proven Global Network Delivery
Model(TM) that our other clients are experiencing across the globe."
About TCS Financial Solutions
TCS Financial Solutions is a strategic business unit of Tata Consultancy
Services. Dedicated to providing business application solutions to financial
institutions globally, TCS Financial Solutions has compiled a comprehensive
product portfolio under the brand name TCS BaNCS. Our mission is to provide
best-of-breed solutions that will drive growth, reduce costs, mitigate risk
and offer a faster speed to market for our clients. With a global customer
base in excess of 200 institutions operating in over 80 countries, TCS
Financial Solutions delivers state-of-the-art software solutions for the
banking, insurance and capital markets industries worldwide.
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, business solutions and
outsourcing organization that delivers real results to global businesses,
ensuring a level of certainty no other firm can match. TCS offers a
consulting-led, integrated portfolio of IT and IT-enabled services delivered
through its unique Global Network Delivery Model(TM), and recognized as a
benchmark of excellence in software development.
A part of the Tata Group, India's largest industrial conglomerate, TCS has
over 100,000 of the world's best trained IT consultants in 47 countries. The
company generated consolidated revenues of US $4.3 billion for fiscal year
ended 31 March 2007 and is listed on the National Stock Exchange and Bombay
Stock Exchange in India. For more information, visit us at http://www.tcs.com.
SOURCE TCS Financial Solutions
TCS Media, Global-India, +91 22 6750 9999, firstname.lastname@example.org; or USA-Canada, +1-646-313-4594, email@example.com, or APAC, +65 6372 4931,
firstname.lastname@example.org, or UK, +44 (0) 207 235 4613, Keith.Sharp@tcs.com, or
Europe, +44 (0)207 245 1388, Ross.Roy@tcs.com, or Latin America, +56 (2)
2511604, email@example.com, or TCS Financial Solutions Media, APAC, +61
(2) 9318 1088, firstname.lastname@example.org, or Europe-UK, +41 44 832 10 04,
email@example.com, all of TCS
-0- Nov/06/2007 14:03 GMT
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