Mumbai, June 3 -- Tata Consultancy Services (TCS) officially announced here on Wednesday its long-standing partnership with Euroclear Group has been expanded, in order to drive the modernisation of Sweden's Central Securities Depository (CSD).
As part of this initiative, Euroclear Sweden will deploy TCS BaNCSTM for Market Infrastructure and QuartzTM, which is TCS' advanced digital solutions, to build a resilient, future-ready, and scalable CSD platform aligned to evolving European market standards, according to the TCS statement.
Euroclear is a financial market infrastructure group which acts as a central securities depository (CSD), much like the Central Depository Services Limited (CDSL), which is India's largest central securities depo...