TCS Lands Major Deal to Replace Australian Stock Exchange Clearing and Settlement System

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.

Updated on: November 20, 2023, 05.21 PM IST
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