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TCS Recognized as a Leader in Open Banking IT Services by Everest Group

 

TCS has been recognized as a Leader in Everest Group’s report, “Everest Group Open Banking IT Services: Orchestrating Experiences in the Platform Economy - Services PEAK MatrixTM Assessment 2018”.

In its report, the Everest Group classified 19 service providers for their Open Banking IT services portfolio based on their vision and capability, and market impact generated.

TCS’ position as a leader is a result of helping clients in their digital transformation journeys by assisting them through the entire cycle from strategy to execution. This includes TCS' ability to provide end-to-end Open Banking solutions, large-scale delivery capability, innovative pricing constructs and customer engagement models.

The report highlights TCS' investments in a wide range of Open Banking solutions, global CoE, and delivery presence as major strengths and contributors to its wins in the market. The report also mentions that clients commend TCS’ competitive pricing and flexible engagement models as it helps maintain strong relationships with banking customers. Clients also appreciate TCS’s ability to manage attrition and deliver resources in niche areas at scale and across geographies. The report also highlights TCS' engagements as Best in Class examples across various categories such as Open Banking strategy and roadmap, Open Banking application development and maintenance, and Open Banking enablement.