TCS recognized as a leader for Wealth Management Operations Services

By Everest Group

Tata Consultancy Services has been named a Leader in the Everest Group PEAK Matrix for Wealth Management Operations Services. According to the report, TCS is one of the top three providers in terms of number of customers globally and in terms of revenue in UK, North America and Asia Pacific. It highlights that TCS has developed a holistic set of offerings in wealth management covering front-, mid- and back-office operations. The company's significant investment in the TCS BaNCS platform for wealth management-specific functionalities like robo-advisory and instant messaging for end users, was highlighted as a key strength. The report further says that TCS has worked on solutions for advisors to help them make investment decisions based on key deterministic, stochastic and judgmental factors.

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