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TCS's Flagship Product To Support Custody Operations Of BNP Paribas In US

Tata Consultancy Services (NYSE:TCS) said its flagship product, TCS BaNCS, will support custody operations of BNP Paribas in United States.

"The flagship product TCS BaNCS has gone live in the United States at BNP Paribas for its custody operations," said the company in a filing to Bombay Stock Exchange.

Meanwhile, the platform is used for post trade services for local custody of all major asset classes in the US market and connects directly to the Depository Trust and Clearing Corporation (OTC:DTCC).

Source - TCS