Question

    TCS has partnered with which bank to centralize and standardize its custody and securities settlement operations in over 15 markets with the TCS BaNCS Global Securities Processing Platform?

    A Standard Bank Group Correct Answer Incorrect Answer
    B Standard Chartered Bank Correct Answer Incorrect Answer
    C DBS Bank India Correct Answer Incorrect Answer
    D Bank of America Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Tata Consultancy Services (TCS) has expanded its partnership with the Standard Bank Group (SBG), to centralize and standardize its custody and securities settlement operations in over 15 markets with the TCS BaNCS Global Securities Processing Platform. With the new integrated custody platform, SBG will be able to accelerate the pace of innovation and offer its customers consistent, reliable, efficient, and high-performance services.

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