Tata Consultancy Services Takes On T+2

TCS IN THE NEWS

 

Tata Consultancy Services Takes On T+2

October 21, 2014
Financial Technologies Forum, www.ftfnews.com

TCS’ Vivekanand Ramgopal shares his views about how the move to a shorter settlement cycle results in higher liquidity, lower risks and other benefits 

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Vivek says, “There will be benefits from liquidity. The amount of money that gets locked up for a less amount of time, which means the risk management procedures has to be sharper. It means that what you get done in 3 days now gets done in 2 days. Your money is locked for 24 hours less which internally leads to greater liquidity.”

Watch the complete interview here.