- TCS is an IT services, consulting and business solutions organization partnering with many of the world’s largest businesses
- Launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the BSB
- TCS’ Digital Bank Guarantee SaaS platform runs on Microsoft Azure and helps banks digitally transform the end-to-end lifecycle of guarantees
- Support for open APIs defined by various beneficiaries – such as government entities, corporates
- The use of hyper-automation will help banks improve speed of execution, reduce fraud and manual errors
- This platform will function as a marketplace where both issuers and beneficiaries can manage their digital guarantees portfolio
