Tuesday 31 May 2011

TCS BaNCS to extend its brokerage footprint in the Middle East

Tata Consultancy Services (TCS), (BSE: 523540, NSE: TCS) a leading IT services, consulting and business solutions organization, announced today that Ahli Bank QSC (Qatar) has selected TCS BaNCS Universal Banking for its brokerage operations in Qatar.

Ahli Bank is part of the Ahli United Bank group headquartered in Bahrain, and present in seven countries - Bahrain, Qatar, Kuwait, Egypt, Oman, Iraq and the United Kingdom (UK). This follows the recent announcement from Qatar Exchange allowing Qatari Banks to make inroads into brokerage operations by establishing their own subsidiaries.


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TCS BaNCS to extend its brokerage footprint in the Middle East