TCS recognized as leader in transaction processing

Tata Consultancy Services (TCS), India's largest IT services firm, has been recognized as a global leader in card management and transaction processing by a leading research company. TCS was recognized as a global leader by Celent, a research and consulting firm focused on the application of information technology in the global financial services industry.

Celent highlighted differences amongst the companies across multiple dimensions such as total revenue in dollars, importance of the financial services segment, cards-related employees, number of cards clients, particular geographic strength and services focus.

The vendors were divided into three categories based on their market presence. TCS was appreciated for its partnerships with clients across areas of the value chain, key imperatives, card products and functions.