Tata Consultancy Services has been choosed by Deutsche Bank as a necessary partner for their production management changeover action,within their capital markets business unit,So To achieve this Change over,TCS will transfer a global service desk, service operations and all other services to the bank at locations across seven countries - USA, UK, Germany, Hungary, Philippines, Singapore and India," the company said in statement.
As The firm said it is a five-year, multimillion dollar contract,And TCS will partner with Deutsche Bank to convert to an ITIL aligned model, aimed at extrmely improving service delivery through this foundation of best practices.
Ramanamurthy Magapu TCS banking industry solutions unit head Said that"Our thorough experience in IT changeover actions and long-term partnership access allow us to offer batter value to Deutsche Bank as they look to influence their strong market position.At the Bombay Stock Exchange the shares of the company were 1.02 per cent lower to trade at Rs 1,018.70.