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This partnership will enable the Dubai Gold & Commodities Exchange (DGCX) to build a scalable foundation to accelerate growth, drive product innovation, and expand into newer asset classes
DUBAI | MUMBAI, September 15, 2026: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has partnered with the Dubai Gold & Commodities Exchange (DGCX) to modernise and future-proof DGCX’s market infrastructure through the implementation of a next-generation integrated trading, clearing, and surveillance solution.
The transformation programme will provide DGCX with a more flexible technology foundation to support future growth, improve operational efficiency and accelerate the development of new products. It will also strengthen DGCX’s ability to respond to the evolving needs of regional and international market participants across established and emerging asset classes.
As part of this agreement, TCS will deliver a world-class trading, clearing and surveillance platform by integrating:
These solutions are a part of BFSI Products and Platforms, a strategic business group within TCS that empowers financial services and insurance organisations to achieve superior customer experience and operational transformation. BFSI Products and Platforms supports some of the world's leading financial markets with intelligent, resilient, and interoperable ecosystems, providing end-to-end service and solutions.
Ahmed Bin Sulayem, Chairman and Chief Executive Officer, DGCX, said, "Building on DGCX's recent momentum, including strong trading volumes in 2025 and the launch of innovative products such as our Gold Spot T+0 Contract, we are advancing our infrastructure to ensure our members benefit from the risk management tools they need to trade with confidence. Our partnership with Tata Consultancy Services will build the technology foundation for the next stage of our growth, strengthening our offering across energy, currencies, equities, and precious metals, while giving us greater capacity to develop and bring new products to market. Dubai is already one of the world's major centres for commodities and capital flows, and we will continue to build and enhance our market infrastructure to match that position, while also connecting more regional and international participants with the products, technology, and connectivity needed to access global opportunities."
R. Vivekanand, President, BFSI Products and Platforms, TCS, said, “Financial market infrastructures are at a pivotal moment as they balance rapid innovation with the need for resilience, security, and operational robustness. Through the combined power of TCS BaNCS, Quartz, and partner solutions, we are helping DGCX build a modern, scalable platform to accelerate growth, enable product innovation, and expand into next-generation asset classes. Our expertise in delivering mission-critical solutions across global markets, including the Middle East, uniquely positions us to support DGCX on this transformation journey.”
The solutions provided by TCS will support DGCX’s range of derivatives products across energy commodities, currencies, equities, bullion and precious metals, while providing the infrastructure for continued product development and expansion into emerging asset classes such as crypto and tokenised assets. This builds on recent product innovation at the exchange, including the launch in June 2026 of the Gold Spot T+0 Contract – the GCC’s first same-day physically settled spot gold product offered on a regulated exchange.
Designed for scale and flexibility, the platform will support DGCX in bringing new products to market more efficiently while strengthening the infrastructure supporting its existing markets.
Tata Consultancy Services (BSE: 532540, NSE: TCS) is the technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence, and customer service.
It has set an aspiration to become the world's largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence.
Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 56 countries and 194 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long-term partnerships with its clients. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today.
TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon, Tata Mumbai Marathon, and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.
TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. For more information, visit www.tcs.com
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