TCS expands partnership with Euroclear to modernize Sweden’s central securities depository
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, today announced the expansion of its long-standing partnership with Euroclear Group to drive the next phase of transformation for Sweden’s Central Securities Depository (CSD). As part of this initiative, Euroclear Sweden will deploy TCS BaNCS™ for Market Infrastructure and Quartz™, TCS’ advanced digital solutions, to build a resilient, future-ready, and scalable CSD platform aligned to evolving European market standards.
TCS BaNCS for Market Infrastructure will enable Euroclear to meet the evolving needs of financial market infrastructure institutions, supporting end-to-end operations across asset classes, including core registry, depository services, cross-border settlement, and asset servicing. Complementing this, TCS’ Quartz will leverage distributed ledger technology and AI to support tokenized assets, decentralized settlements, and real-time, actionable insights.
Together, these solutions will help Euroclear to implement its Nordic transformation strategy, aimed at driving standardization and growth through the deployment of...
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