TCS named leader in banking application outsourcing

Tata Consultancy Services (TCS), the Indian-headquartered outsourcing major, was named a leader in banking application outsourcing by Everest Group. TCS, which operates a contact center in the Philippines, bested 28 other companies for the sixth consecutive year for its industry leading domain solutions, strong delivery and execution capabilities. The company was positioned as leader in all four lines of the banking business – credit cards, retail banking, lending and commercial banking. Everest Group analyzed the capabilities of 28 leading application outsourcing providers specific to the global banking sector.