<p>Tata Consultancy Services (TCS) on Tuesday announced that it has been selected by DNB to drive the company’s strategic transformation by leveraging Information Technology (IT) in a six year multi-million euro deal.<br /><br /></p>.<p>The six-year managed services contract comprises delivery of application maintenance and development services across DNB’s IT portfolio, spanning channels, core-banking and master data areas.<br /><br />“Selecting TCS as our IT partner is an important and concrete step in DNB’s transformation process. It will lead to increased stability in IT operations, high degree of efficiency and easy access to competencies and skills across the entire IT area, which spans various technologies used in DNB’s business units,” DNB Head of IT & Operations Liv Fiksdahl said.<br />According to Head of TCS North Europe Amit Bajaj, the financial services sector is heavily impacted by the confluence of technology, evolution of regulatory requirements and change in customer behaviour.<br /><br />“Present in the Nordic region since 1991, TCS has continuously invested in the market locally to deliver consistent results to its customers. TCS’ Nordic operations comprise over 5500 professionals working across Sweden, Finland, Norway, Denmark and Iceland, servicing leading Nordic companies,” TCS said in a statement.</p>
<p>Tata Consultancy Services (TCS) on Tuesday announced that it has been selected by DNB to drive the company’s strategic transformation by leveraging Information Technology (IT) in a six year multi-million euro deal.<br /><br /></p>.<p>The six-year managed services contract comprises delivery of application maintenance and development services across DNB’s IT portfolio, spanning channels, core-banking and master data areas.<br /><br />“Selecting TCS as our IT partner is an important and concrete step in DNB’s transformation process. It will lead to increased stability in IT operations, high degree of efficiency and easy access to competencies and skills across the entire IT area, which spans various technologies used in DNB’s business units,” DNB Head of IT & Operations Liv Fiksdahl said.<br />According to Head of TCS North Europe Amit Bajaj, the financial services sector is heavily impacted by the confluence of technology, evolution of regulatory requirements and change in customer behaviour.<br /><br />“Present in the Nordic region since 1991, TCS has continuously invested in the market locally to deliver consistent results to its customers. TCS’ Nordic operations comprise over 5500 professionals working across Sweden, Finland, Norway, Denmark and Iceland, servicing leading Nordic companies,” TCS said in a statement.</p>
