Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
Tata Consultancy Services Received the Position Across GRC Analytics, GRC Conduct and Controls, and GRC Model Risk Management
NEW YORK | MUMBAI, August 24, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Category Leader in the Chartis RiskTech Quadrant® for Governance, Risk Management, and Compliance (GRC) Analytics, GRC Conduct and Controls, and GRC Model Risk Management (MRM).
In the RiskTech Quadrant for GRC analytics, TCS was positioned in the Leaders quadrant and judged best-in-class based on its breadth and depth of coverage, performance, data management, analytics, reporting and visualization. TCS was named a Leader in the RiskTech Quadrant for MRM solutions for its automation in model validations, model coverage, data management and model inventory management. Additionally, TCS was recognized as a Leader in the RiskTech Quadrant for Conduct and Control Solutions for its quality, flexibility, application and sophistication in performance management. The report considered ease of integration as a key aspect of the solution functionality and TCS’ capabilities were adjudged as best-in-class.
“In the era of emerging business models, changing client profiles, complex ecosystems, and analytics-driven decision-making, Chief Risk Officers require a digitally-enabled, insight-driven and integrated GRC framework that aligns with the emerging business and operating environments to effectively manage risks, drive competitive advantage and realize their growth aspirations,” said K Krithivasan, Business Group Head, Banking, Financial Services, and Insurance, TCS. “This recognition from an independent third-party research firm is a reflection of our capabilities in leading the shift towards an analytics and insights driven GRC function.”
TCS partners with global financial institutions leveraging its rich domain expertise, Machine First™ approach, end-to-end solutions and services to drive superior business outcomes, competitive advantage, and growth. TCS’ comprehensive portfolio of financial risk offerings includes risk advisory, risk decision systems and challenger champion frameworks, and help customers in their credit, market, and liquidity risk capability transformations.
TCS’ GRC Analytics-in-a-Box offering helps customers manage operational risk, cyber risk, compliance risk and emerging risks such as conduct, AI risks and controls frameworks.
TCS’ Compliance RegTech framework and a suite of RegTech solutions drive human-guided automations in the core compliance value chain and are transforming the compliance function.
Regulatory remediation offerings, enabled by advisory and remediation toolkits, support regulatory remediations and accelerate compliance.
“TCS combines leading-edge technology with pragmatic applications of AI, ML and NLP to deliver effective GRC products, solutions and analytics,” said Sid Dash, Research Director, Chartis. “This approach reflects the wider evolution of GRC into a more analytics-, quantitative- and control-oriented discipline, with multiple points of interaction with operations, IT and analytics.”
“TCS has been a pioneer in developing innovative RiskTech and RegTech solutions for customers. Leveraging these cutting-edge solutions, and our contextual and domain knowledge in the financial services industry, we help customers quickly adapt and thrive in a dynamic business and regulatory environment,” added K Krithivasan.
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 over 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 606,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, 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 MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com
corporate.communications@tcs.com
saxena.kritika@tcs.com
+91 22 6778 9999
kimberly.solomon@tcs.com
+91 22 67789098
y.tham@tcs.com
+65 9720 9005
tiffany.fisher@tcs.com
+1 416 456 7650
alma.leal@tcs.com
+521 55 2095 6098
kelly.ryan@tcs.com
+61 422 989 682
joost.galema@tcs.com
+31 615 903387
douglas.foote@tcs.com
+81 80 2115 0989
pragya.priyadarshini@tcs.com
+971 528656700
t.doherty@tcs.com
+44(0)7759396160
james.sciales@tcs.com
+1 917 981 7651
TCS Partners with Salesforce to Unlock the Power of AI for Manufacturers, Semiconductor Suppliers
TCS Ranked Europe’s #1 IT Services Provider for Customer Satisfaction
TCS Collaborates with MassRobotics in North America to Accelerate Innovation in the Robotics Sector
TCS Named Global Top Employer for 2025, Achieves New Milestone with Enterprise-Wide Top Employer Certification