TCS is a leader in Risk and Compliance in BFS IT Services

 TCS Named a Leader in Risk and Compliance in BFS IT Services PEAK Matrix® Assessment 2022 by Everest Group.

In an assessment of 26 service providers of Risk & Compliance in the BFS IT services, TCS was designated as a leader for its vision and capability. The report also recognized TCS’ breadth of services and strong portfolio mix resulting in significant value delivery and market impact. Here are the highlights from the report:

1. TCS has created a long-term vision and strategy for its risk and compliance practice and identified ESG, sustainability, and cybersecurity as high-growth areas among its priorities.
2. It leads peers in ESG with a dedicated CoE, forward-looking vision, thought leadership, and GTM strategy. 
3. TCS offers end-to-end Risk and Compliance IT Services across various domains such as financial risk management, financial crime compliance, non-financial risk management, and emerging risk themes such as climate/sustainability, cryptocurrency, and the metaverse.
4. TCS has made holistic investments with the right mix of in-house frameworks/tools and alliances with RegTechs, FinTechs, and data platforms such as Nice, Actimize, Quantexa, Calypso, Murex, Pega, and Moody’s.
5. It has created differentiation in the market with innovative engagement models such as partnering and co-innovating with clients, flexible delivery, and commercial models.

TCS demonstrated success in delivering complex solutions for large BFS clients across ESG and sustainability, financial crimes management, governance, and regulatory compliance.