TCS expands $1.2 bn M&G Prudential contract, continues mega deal win streak

The 10-year partnership, first announced in Jan, aimed at digitally transforming M&G's business and delivering enhanced service for its UK savings and retirement customers

Continuing with its large deal winning streak, Tata Consultancy Services (TCS), India’s largest IT services company on Tuesday said that its contract with M&G Prudential, the UK and European savings and investments business of Prudential plc, has been expanded to make it a $1.2 billion deal.

The 10-year partnership, which was first announced in January this year, aimed at digitally transforming M&G Prudential’s business and delivering an enhanced service for its UK savings and retirement customers. The contract size at that time as pegged at $690 million. The agreement has now been expanded to cover an additional 1.8 million customer