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TCS signs a 5-year IT transformation deal with German bank NORD/LB

TCS will work to simplify and transform bank's application estate across businesses-financial markets, wholesale and retail banking

Tata consultancy services, TCS
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TCS will work with the bank to simplify and transform its application estate across businesses–financial markets, wholesale and retail banking, through application consolidation and automation.

BS Reporter Mumbai
IT services major Tata Consultancy Services (TCS) has been selected by NORD/LB, a leading German commercial bank, as its strategic partner for its IT transformation. The financial details of the deal were not disclosed.

NORD/LB has embarked on a transformation journey that targets a new business model by 2024, and a leaner, more agile operating model. It has partnered with TCS in this journey.

As part of the five-year partnership, TCS will work with the bank to simplify and transform its application estate across businesses–financial markets, wholesale and retail banking, through application consolidation and automation.

“NORD/LB is transforming its business

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First Published: Sep 28 2021 | 2:13 PM IST

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