For market infrastructure
Tata Consultancy Services announced that its client -Euroclear Finland -the central securities depositories (CDS) for the Finnish capital markets, has launched a new transaction processing platform know as 'Infinity'. Infinity is a multi-year program powered by TCS BaNCS for market infrastructure and is a key component of Euroclear Finland's outsourcing its securities settlement processing to TARGET2Securities (T2S) as part of the European Central Bank's fourth migration wave in February 2017. Through Infinity, TCS BaNCS has provided Euroclear with a single, consolidated platform for depository, registry and corporate action functions, thereby enabling simplified business operations.Powered by Capital Market - Live News
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