TCS bags deal from Aadhar Housing Finance to improve biz ops

AgenciesUpdated: Wednesday, June 22, 2022, 05:11 PM IST
article-image
TCS bags deal from Aadhar Housing Finance to improve biz ops |

India's largest software firm TCS has bagged a deal to drive business process transformation at Aadhar Housing Finance for an undisclosed sum, the companies said on Wednesday.

The domestic housing financier will be deploying the Tata group company's lending and securitisation platform for market expansion, according to a statement.

The partnership with TCS is for an end-to-end business process transformation using the integrated and collaborative blockchain-based cloud platform.

The Indian market constitutes around 5 per cent of the revenues for the TCS, which depends on the export markets for revenues. Globally, banking, financial services and insurance is the biggest segment for the company.

"The TCS lending and securitisation platform is helping Aadhar Housing Finance harness the power of digital technologies to enhance customer experience and improve its market position," the software company's country head Ujjwal Mathur said.

The platform offers seamless customer relationship management features, using artificial intelligence and machine learning, and has made sales operations more convenient, the statement said.

Aadhar's managing director and chief executive Deo Shankar Tripathi said customer experience has improved using the technology platform.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Roorkee woman, 6-yr-old daughter gangraped in moving car: Police

Roorkee woman, 6-yr-old daughter gangraped in moving car: Police

Maharashtra political crisis: Harish Salve likely to represent Eknath Shinde group in SC tomorrow

Maharashtra political crisis: Harish Salve likely to represent Eknath Shinde group in SC tomorrow

Mumbai traffic: MMRDA assures BMC to fix storm water drain on WEH, EEH

Mumbai traffic: MMRDA assures BMC to fix storm water drain on WEH, EEH

Vision 2030: BMC promises better waste management in Mumbai

Vision 2030: BMC promises better waste management in Mumbai

Maharashtra political crisis: Show of support from both sides, effigy of Sanjay Raut burnt

Maharashtra political crisis: Show of support from both sides, effigy of Sanjay Raut burnt