TCS and Taskize partner to enhance operational efficiency for financial institutions

LONDON, 29 April 2026 – Taskize, the leading investment operations collaboration platform and Euroclear-owned fintech, has partnered with TCS – a global leader in IT services, consulting, and business solutions – to integrate its exception management and collaboration functionality directly into the TCS BaNCS platform, enabling financial services users to raise and resolve queries seamlessly within the core processing environment.

Through joint proofs of concept with global custodian banks and now a live integration, the two firms are streamlining workflows, reducing manual intervention, enhancing real-time collaboration and lowering the risk of missed or inaccurate data being exchanged between counterparties.

TCS BaNCS users can now raise, resolve and track a query about an exception in the trade lifecycle – including breaks in the processing of corporate actions, trade settlement and client service – via Taskize from directly within the TCS BaNCS system. Contextual data, such as ISINs and amounts, is automatically captured and included within Taskize’s secure, auditable comms. By keeping users within a single environment, there is no longer any need to – or wasted time generated by – moving between different interfaces and legacy communication platforms.

Venkateshwaran Srinivasan, Global Head, Financial Solutions, TCS, said: “Financial institutions are increasingly looking to platforms that deliver error-free operations. Our partnership with Taskize brings its exception handling capabilities closer to financial institutions through the TCS BaNCS Marketplace, enabling seamless exception management thereby reducing cost of repair. Together, we are enabling financial institutions to adopt a scalable operating model that supports their transformation goals in an evolving market landscape.”

Diederik Geeraerts, CEO, Taskize, adds: “The market is under constant pressure to achieve more with fewer resources, and so finding ways to increase operational efficiency and reduce workloads is a must for leadership teams. Our partnership with TCS and the TCS BaNCS Marketplace provides exactly this, helping operations departments automate unstructured parts of the trade lifecycle and improve workflows that are prone to manual error.”

About Taskize 

Taskize is one of the most influential fintechs in pre- and post-trade automation, trusted by 600 financial firms – custodian banks, buy-sides, broker-dealers and FMIs – across 88 countries.  Quick and easy to deploy, Taskize's interoperable, web-native collaboration and workflow platform is used by investment operations teams including securities, corporate actions, and collateral for exception management and query resolution and to ultimately minimise risk, improve client service and increase capacity.  Taskize is a member of the Euroclear group of companies. 

About the TCS BaNCS Marketplace

The TCS BaNCS Marketplace brings together a curated set of cloud, technology, consulting, and business services partners to help financial institutions accelerate innovation and scale with confidence. For partners, the TCS BaNCS Marketplace provides a collaborative platform to highlight differentiated capabilities and extend their reach across the global financial services industry.

About TCS BaNCS

The TCS BaNCS universal financial solution is designed to help financial services institutions enhance end customer experience, enabling them to embrace open and innovative technologies that embody true digital customer engagement. The comprehensive product suite has been recognized by leading industry bodies for its advanced depth and breadth of functionality spanning banking and financial services for 18+ years.

Deployed at more than 500+ installations worldwide, it is the largest collection of components, enterprise and consumer apps for the financial industry made available through the cloud, helping firms become more agile and intelligent by leveraging the power of new and extended ecosystems. It enables clients to utilize Artificial Intelligence (AI) to optimize and enhance their current capabilities while advancing operational excellence and improving risk management.

About Tata Consultancy Services

Tata Consultancy Services (BSE: 532540, NSE: TCS) is the technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

It has set an aspiration to become the world's largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today.

TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.

TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. 

For more information, visit www.tcs.com