South Africa’s Strate selects TCS BaNCS for depository operations

Mumbai: Tata Consultancy Services (TCS) has announced that its customer, Strate (The Central Securities Depository for the electronic settlement of financial instruments in South Africa) has selected the Market Infrastructure solution of TCS BaNCS for its equity and money market depository operations, further expanding the strategic relationship it has with TCS. Strate is also replacing its current bond system with TCS BaNCS Market Infrastructure.

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