New Delhi: Tata Consultancy Services (TCS) has been selected by Deutsche Bank as a strategic partner for their Production Management Transformation Initiative, within their Capital Markets Business Unit.
According to the latest press release by TCS, the home-grown IT services, consulting and business solutions firm will deliver a global application service desk, service operations and all other IT infrastructure library (ITIL) services to the bank at locations across seven countries.
According to the latest press release by TCS, the home-grown IT services, consulting and business solutions firm will deliver a global application service desk, service operations and all other IT infrastructure library (ITIL) services to the bank at locations across seven countries.
These countries include USA, UK, Germany, Hungary, Philippines, Singapore and India.
“TCS will partner with Deutsche Bank to transform to an ITIL-aligned model, aimed at significantly improving service delivery through this framework of best practices,” said the release.
It added the team will leverage the concept of LEAN to eliminate non-value-added activities and provide cost efficiencies to the bank.
"Our extensive experience in IT transformation initiatives, industry-leading domain capabilities in financial services and long-term partnership approach allows us to offer superior value to Deutsche Bank as they look to leverage their strong market position,” said Ramanamurthy Magapu, banking industry solutions unit head at Tata Consultancy Services.
“We are committed to the success of this transformation initiative and will bring our very best capabilities to the engagement," he added.
