Nationwide Building Society Renews Strategic Partnership with TCS to Strengthen Agility and Operational Resilience

Tata Consultancy Services and Nationwide are Celebrating 10 Years of their Relationship
TCS will Help the Building Society Transform its Operational Core and Build a Future-proof, Resilient Foundation

LONDON | MUMBAI, March 30, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that it has renewed its strategic partnership and services footprint with Nationwide Building Society, the world’s largest building society and one of the largest savings and mortgage providers in the UK, to help strengthen the latter’s enterprise agility and operational resilience.

Over the past 10 years, TCS has been collaborating with Nationwide in the transformation of its core technology stack to help drive faster innovation, newer services, and superior experiences for its members. Through the continued partnership, Nationwide will be able to more fully leverage TCS’ complete range of services to transform its strategic applications and IT infrastructure. Additionally, TCS will support the Building Society’s move to new Agile ways of working, with DevSecOps at its heart, as it embraces newer technologies.

During the decade-long relationship with Nationwide, TCS has executed many successful programs including strategic initiatives such as regional brand integration, consolidation and simplification of its data centre operations and more lately has supported its resiliency agenda. Nationwide was also one of the early adopters of TCS’ award-winning product ignio™ AIOps.

“The new agreement reaffirms our confidence in the decade long partnership with TCS and we look forward to continuing to work together to deliver Nationwide’s IT strategy,” said Gary Delooze, Chief Information Officer, Nationwide Building Society. “Our continued technology investments will simplify our IT estate and create the platforms and services necessary to meet the future needs of our members. The partnership with TCS will help us meet these challenges while prioritising the security and resilience our members expect every day.”

“We look forward to strengthening our long-standing strategic partnership with Nationwide and supporting their push towards being a purpose-driven, resilient and adaptable organization. Our deep contextual knowledge, digital expertise, agile practices, and new ways of working will meet Nationwide’s growing business needs and ensure future resiliency,” said Satya Mishra, Business Unit Head, BFSI UK and Ireland, TCS.

About Nationwide

Nationwide is the world's largest Building Society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.

Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with Administration Centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of Call Centres across the UK.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 469,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.