TCS to Help Financial Services Firms Accelerate their Growth and Transformation with Microsoft Cloud for Financial Services Solutions.
TCS will combine its deep industry knowledge and experience as a leading transformation partner for BFSI clients, with its Microsoft Cloud for Financial Services solutions, and its large talent pool of Microsoft-certified consultants to enable clients to innovate, and reimagine their businesses to meet evolving market, customer and regulatory needs.
TCS' multi-horizon cloud transformation roadmap first entails helping clients build a new future-ready cloud-based digital core that enhances agility and resilience. Subsequently, the company helps them harness cloud-native capabilities around AI, IoT and other technologies to launch new and innovative products and services, create new revenue streams, embrace new business models, create differentiated customer experiences, and drive growth.
Clients can significantly scale up and speed up their innovation initiatives by partnering with TCS and leveraging its co-innovation ecosystem of start-ups and academia. To facilitate ideation, rapid prototyping, and agile development of innovative ideas, TCS has invested in a network of co-innovation hubs called TCS
In addition, TCS will make its vast portfolio of cloud-based solutions and accelerators available on Microsoft Azure to help customers gain faster time-to-market and drive superior business outcomes. These include TCS BaNCS cloud (SaaS) business solutions for financial services, which are listed on the
The Microsoft Cloud for Financial Services integrates Microsoft Azure with Microsoft 365,
'Today, an increasing number of BFSI firms are harnessing the power of cloud to future-proof their businesses, achieve operational excellence and agility to create unmatched experiences,' said K Krithivasan, Business Group Head, Banking, Financial Services, and Insurance, TCS. 'We believe this expanded partnership will help our BFSI clients accelerate their transformation agenda with Microsoft Cloud for Financial Services and allow them to achieve greater resilience, adaptability and purpose-led growth.'
'Strategic partners like TCS are instrumental to the scalability of Microsoft Cloud for Financial Services, delivering solutions that help customers realize business transformation,' said
This news comes on the heels of TCS' recent announcement that it is a Microsoft Cloud for Retail partner, delivering intelligent retail solutions to its customers.
TCS' Microsoft Business Unit works with customers worldwide to accelerate their multi-horizon cloud transformation journeys. The company's large and growing pool of functional and technical consultants have led some of the biggest IT transformation programs and pioneered technology initiatives for over 100 clients in the financial services industry. TCS is a Microsoft Gold Partner and recently won the 2021 Microsoft Partner of the Year Awards for Azure Intelligent Cloud in
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