TCS will leverage its cloud capabilities and machine-first approach to enhance Envestnet D&A’s technology infrastructure, streamline operations, and increase product innovation
Tata Consultancy Services (TCS) has partnered with US-based financial technology firm Envestnet Data and Analytics as the latter expands its technology ecosystem, embraces cloud-first data architectures, and brings comprehensive financial wellness solutions more efficiently to its clients.
The partnership with TCS will see both firms collaborate on transformative market opportunities and co-innovate to bring insights and products, helping global financial institutions deepen client relationships and deliver greater lifetime value. In addition to expanding its core platform and cloud-enabling its data estate, TCS will leverage its cloud capabilities and machine-first approach to enhance Envestnet D&A’s technology infrastructure, streamline operations, and increase product innovation.
This partnership will deliver a holistic data platform that aims to transform client experiences across banking, payments, lending, and wealth products, enable users to augment current data sets with new data from alternate sources and create insights for potential new portfolio strategies, as per reported by YourStory.
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics