N Ganapathy Subramaniam, President, TCS Financial Solutions
We had the Agriculture Economy, the Industrial Economy and the Knowledge Economy, followed closely by the Internet Economy and now the Digital Consumer Economy. Each successive era has had a profound impact on people, organizations and countries.
Rabindra Mohapatra, Consultant, TCS Financial Solutions
Algorithmic Trading continues to trend upward, to the point that global traders now measure the maturity of a marketplace in terms of its ability to execute algorithmic trades. According to Celent estimates, algorithmic trading represents 70 percent of trading volume in developed markets and 25 to 30 percent in emerging markets worldwide. India, which only began to allow algorithmic trading in 2008, has quickly moved up the ranks with algorithmic trades at 30 percent of total trades on Bombay Stock Exchange (BSE) and 46 percent on National Stock Exchange (NSE).
Established in 28 locations worldwide with 4,000 employees, Societe Generale Securities Services (SGSS) is among the top ten global custodians and the 2nd largest in Europe with EUR 3,971 billion of assets under custody.
Thomas Fink, TCS Financial Solutions
In June 2011, PostFinance, one of Switzerland’s leading financial institutions, announced that it would modernize its operations with TCS BaNCS. At the time, the organization had been running on two separate legacy platforms: one solution for core banking, and the other for treasury operations, including foreign exchange, money market and medium-term bond transactions.
Nitin Sirohi, Principal Consultant, TCS Financial Solutions
Axis Bank is one of India’s first “new-generation” private- sector banks. Since then, Axis Bank has become a “next generation” bank and the third-largest private sector bank in India, offering the entire spectrum of financial services to corporates, SMEs, agricultural and retail customers.