Deutsche Bank selects TCS for major transformation initiative
announced that Deutsche Bank has selected the company as a strategic partner
for their Production Management Transformation Initiative, within their Capital
Markets Business Unit.
To achieve this transformation, TCS will deliver a global
application service desk, service operations and all other ITIL (IT Infrastructure
Library) services to the bank at locations across seven countries - USA, UK,
Germany, Hungary, Philippines, Singapore and India. TCS will partner with Deutsche
Bank to transform to an ITIL aligned model, aimed at improving service delivery
through this framework of best practices. The team will leverage the concept
of LEAN to eliminate non-value added activities and provide cost efficiencies
to the bank.
Our experience in IT transformation initiatives, industry
leading domain capabilities in financial services and long term partnership
approach allows us to offer value to Deutsche Bank as they look to leverage
their strong market position said Ramanamurthy Magapu, Banking Industry
Solutions Unit head at TCS.