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TCS has won the Financial Technologies Forum (FTF) Innovations Awards 2025 for the Best Fraud Prevention solution. The award underscores the effectiveness of the Quartz for Compliance solution in providing best-in-class AML (Anti-Money Laundering) and CFT (Countering the Financing of Terrorism) monitoring and transaction fraud detection capabilities to customers worldwide.
Quartz for Compliance is an AI/ML driven, next-generation compliance solution that enables organizations to anticipate, transform, and comply with the stringent requirements in financial crime compliance. The solution provides a comprehensive suite of capabilities including KYC, Sanctions Screening, AML, Transaction & Fraud Monitoring, Real-Time Payment Screening, and Regulatory Reporting.
Quartz provides foundational technology, tools and business components that harness the power of next-gen technologies including DLT, AI/ML (including GenAI) for organizations across varied industries, including Financial Services, Banking, Supply Chain, Energy & Utilities and eGovernance. Backed by awards from Juniper Research (Gold Winner for Digital Identity Innovation 2024), the Asian Banker (Best Fraud Prevention Technology Implementation 2023), Financial Technology Forum (Best New Post Trade Solution of the Year 2022), Asset Servicing Times (Outstanding Innovation Award 2022) and recognition from Analysts (ranked #1 Best Performing Fraud Management Solution by IBS Intelligence 2022) Quartz can help organizations operate at the forefront of technology innovation.
To know more about Quartz, please write to us at tcs.quartz@tcs.com, or visit our website https://www.tcs.com/what-we-do/products-platforms/quartz
