TCS Financial Solutions is a strategic business unit of Tata Consultancy Services (TCS) dedicated to providing business application solutions to the banking, insurance and capital market players.
The ISE, in the process of reviving its operations, has selected the TCS' BaNCS market infrastructure suite, which will be implemented to revive ISE operations for the equity cash segment in the first phase, with the possibility of supporting the derivatives segment later.
"Our selection of the TCS BaNCS market infrastructure solution is an end-to-end solution for us, encompassing trading, clearing and settlement, surveillance and real-time risk management," ISE managing director PJ Mathew said here.
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