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    TCS is here to make a difference through technology.

    Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

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      We deliver excellence and create value for customers and communities.

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      02 May 2025 IBM, Tata Consultancy Services and Government of Andhra Pradesh to Deploy India’s Largest Quantum Computer in the Country’s First Quantum Valley Tech Park
      30 Apr 2025 TCS Collaborates with SAP to Enable Enterprise-wide GenAI and Cloud Adoption For its Customer
      24 Apr 2025 TCS Sponsored Marathons Generate $2.25 Billion for Local Economies and Spark $279 Million in Donations to Charity; Boosts the TCS Brand Globally
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      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
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    What we do
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      TCS is here to make a difference through technology.

      Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

      Discover all solutions
    • Industries
      • Banking
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      • Consumer Packaged Goods and Distribution
      • Communications, Media, and Information Services
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      • TCS ERP on Cloud
      • ignio™
      • TCS iON™
      • TCS HOBS™
      • TCS Intelligent Urban Exchange™
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      • Quartz™ – The Smart Ledgers™
      • TCS TwinX™
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      • Jile™
      • TCS DigiBOLT™
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  • Who we are
    • Overview Press tab for submenu items

      We deliver excellence and create value for customers and communities.

      Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.

      Discover the difference
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      Extraordinary expertise leads to remarkable results.

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      Want to be a global change-maker? Join our team.

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      Find the latest news about TCS in our Newsroom

      Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.

      Discover more
    • Press releases

      Recent Press releases

      02 May 2025 IBM, Tata Consultancy Services and Government of Andhra Pradesh to Deploy India’s Largest Quantum Computer in the Country’s First Quantum Valley Tech Park
      30 Apr 2025 TCS Collaborates with SAP to Enable Enterprise-wide GenAI and Cloud Adoption For its Customer
      24 Apr 2025 TCS Sponsored Marathons Generate $2.25 Billion for Local Economies and Spark $279 Million in Donations to Charity; Boosts the TCS Brand Globally
      View all
    • News alerts

      Recent News

      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
      View all
    • Analyst recognition

      Recent recognitions

      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      19 May 2025 TCS at Sapphire 2025
      View all
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      TCS works hand in hand with world-leading investors.

      Tata Consultancy Services Limited
      NSE:TCS
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      Discover more FY24-25 debrief
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    • Press Release

    TCS Recognized as a Leader in Risk and Compliance in BFS by Everest Group

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    Tata Consultancy Services’ Leadership in ESG Services, End-To-End Risk and Compliance IT Services, and Investments in In-House IP, Cited as Key Strengths
     

    PRESS RELEASE

    NEW YORK | MUMBAI, February 14, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix® for Risk and Compliance in BFS IT Services[1]

    Of the 26 leading IT service providers assessed in the report, TCS was placed highest for its vision, capability, and market impact. The report calls TCS a leader among  peers in ESG with a dedicated COE, forward-looking vision, thought leadership and GTM strategy, and 14 sustainability services with proven client success. Cited as key strengths are TCS’ end-to-end risk and compliance IT services across domains such as financial risk management, financial crime compliance, non-financial risk management and emerging risk themes. It further mentions that TCS has made holistic investments with the right mix of in-house intellectual property/ frameworks/ tools and alliances with RegTechs, fintechs and data platforms.

    The report states that TCS has created a differentiation in the market with innovative engagement models such as partnering and co-innovating with clients, flexible delivery, and commercial models. It highlights that TCS has demonstrated success in delivering large complex solutions for BFS clients across ESG, sustainability, financial crimes management, governance, and regulatory compliance. 

    “Technology enables banking, financial services, and insurance firms to look at risk and compliance with a new lens. It provides insights into interconnected threats and helps set up robust defense against them. TCS, with its extensive experience in risk and compliance management, has built innovative digital and data powered solutions that help enterprises advance their business strategy securely and stay one step ahead in the game,” said K Krithivasan, President, Banking, Financial Services, and Insurance, TCS. “This recognition as a Leader is a testament to our comprehensive set of risk and compliance services and solutions and unmatched advisory capabilities that help clients tackle challenges, while proactively managing compliance requirements.”

    To cope with the new changing geopolitical scenarios, soaring commodity prices, energy crisis, high inflation, potential resurgence of the pandemic in certain parts of the world, and rising interest rates, financial institutions need to build enhanced resiliency and upgrade their risk management infrastructure.

    TCS’ risk and compliance experts create assets and accelerators keeping latest industry trends and customer needs in mind. The company’s offerings span:

    • Regulatory and market reform: FRTB, Basel IV, financial crimes (KYC, AML, Fraud), financial risk assessment, and risk and finance alignment.
    • Climate change management: ESG and climate risk, net zero transition planning, regulatory mandates on stress testing and scenario analysis.
    • Digital and RegTech: Enterprise risk data management, risk and finance integration, controls optimization and efficacy improvement, automated regulatory compliance analysis, real-time early warning signal, intelligent cloud burst for risk calculations, reduction of false positives in financial crime detection, communication surveillance, cognitive data assurance, cyber threat and identity access management intelligence, and cross border transfer of personal data.
    • Third Party Risk: Increased scrutiny on the resilience of third-part relationships especially where firms rely heavily for outsourcing for their business model.

    “The banking and financial services (BFS) enterprises are looking to transform their IT and technology systems in response to emerging risks and increasing regulatory pressures. This is due to increased cyber-attacks, supply-chain disruptions, macro-economic changes, and new customer engagement models. The BFS risk and compliance IT services market is poised to remain strong as firms try to gain tighter and securer control of their data estate, build agile risk assessment models, and comply with ESG mandates,” according to Kriti Gupta, Practice Director, Everest Group. “TCS provides a vast portfolio of risk & compliance solutions/IP for the BFS industry and has developed a robust partnership ecosystem with RiskTechs and RegTechs. They have made technology investments, build thought leadership assets, developed a strong offerings portfolio, and dedicated GTM for emerging areas such as ESG, metaverse, and cybersecurity. They offer differentiation through innovative engagement models such as co-innovation with clients, flexible delivery, and commercial models. This has helped them consolidate their position as a Leader on Everest Group’s Risk & Compliance in BFS IT Services PEAK Matrix® Assessment 2022.”

    “With our investment in innovation, deep domain knowledge and wide portfolio catering to the entire risk and compliance value chain, TCS is helping clients transform their risk practice and seamlessly navigate complex business environments towards growth and better performance,” added K Krithivasan

    [1] Risk and Compliance in BFS IT Services PEAK Matrix® Assessment 2023, Ronak Doshi, Everest Group, December 8, 2022

    About NTNU

    The Norwegian University of Science and Technology (NTNU) is a university with an international focus, with headquarters in Trondheim and campuses in Ålesund and Gjøvik. NTNU has a main profile in science and technology, a variety of programmes of professional study, and great academic breadth that also includes the humanities, social sciences, economics, medicine, health sciences, educational science, architecture, entrepreneurship, art disciplines and artistic activities.

    About Tata Consultancy Services (TCS)

    Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

    A part of the Tata group, India's largest multinational business group, TCS has over 613,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com  

    TCS media contacts

    Corporate Communications & India

    corporate.communications@tcs.com

    saxena.kritika@tcs.com

    +91 22 6778 9999

    kimberly.solomon@tcs.com

    +91 22 67789098

    Asia Pacific

    y.tham@tcs.com

    +65 9720 9005

    Canada

    tiffany.fisher@tcs.com

    +1 416 456 7650

    Latin America

    alma.leal@tcs.com

    +521 55 2095 6098

    Australia and New Zealand

    kelly.ryan@tcs.com

    +61 422 989 682

    Europe

    roland.bagen@tcs.com

    +46 70 3178024

    Japan

    douglas.foote@tcs.com

    +81 80 2115 0989

    Middle East & Africa

    pragya.priyadarshini@tcs.com

    +971 528656700

    UK

    priyanka.mehta@tcs.com

    +44 7921493382

    USA

    james.sciales@tcs.com

    +1 917 981 7651

    In the News

    1/4
    Press Releases

    IBM, Tata Consultancy Services and Government of Andhra Pradesh to Deploy India’s Largest Quantum Computer in the Country’s First Quantum Valley Tech Park

    Press Releases | 02 May 2025   Opens in new tab
    2/4
    Press Releases

    TCS Collaborates with SAP to Enable Enterprise-wide GenAI and Cloud Adoption For its Customer

    Press Releases | 30 Apr 2025   Opens in new tab
    3/4
    Press Releases

    TCS Sponsored Marathons Generate $2.25 Billion for Local Economies and Spark $279 Million in Donations to Charity; Boosts the TCS Brand Globally

    Press Releases | 24 Apr 2025   Opens in new tab
    4/4
    Press Releases

    Accelerating India: TCS Launches Next-Gen Capabilities to Power the Country’s Ambitions toward Leadership in Deep-Tech

    Press Releases | 24 Apr 2025   Opens in new tab

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