20/09/2011
By Scott Thompson
Deutsche Bank has selected Tata Consultancy Services (TCS) as a strategic partner for its Production Management Transformation Initiative, within the Capital Markets Business Unit.
TCS will deliver a global application service desk, service operations and all other ITIL (IT Infrastructure Library) services to the bank at locations across seven countries - USA, UK, Germany, Hungary, Philippines, Singapore and India.
The company will leverage the concept of LEAN to eliminate non-value added activities and provide cost efficiencies to the bank. “Our extensive experience in IT transformation initiatives, industry leading domain capabilities in financial services and long term partnership approach allows us to offer superior value to Deutsche Bank as they look to leverage their strong market position. We are committed to the success of this transformation initiative and will bring our very best capabilities to the engagement.” says Ramanamurthy Magapu, banking industry solutions unit head at TCS.
