TCS Lands Major Deal to Replace Australian Stock Exchange’ Clearing and Settlement System
Zee Business Video Team | Updated: November 20, 2023 05:21 PM IST
In a major win for Tata Consultancy Services (TCS), the Indian IT giant has been selected by Australian stock exchange operator ASX to overhaul its critical clearing and settlement software. This marks a significant departure from ASX's previous blockchain-based approach, which was abandoned due to delays and cost overruns.