{"id":379263,"date":"2020-11-12T05:33:27","date_gmt":"2020-11-12T10:33:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379263"},"modified":"2020-11-12T05:33:27","modified_gmt":"2020-11-12T10:33:27","slug":"prudential-financial-and-tcs-announce-strategic-relationship-for-pramerica-systems-ireland","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-and-tcs-announce-strategic-relationship-for-pramerica-systems-ireland\/","title":{"rendered":"Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland"},"content":{"rendered":"

<\/p>\n

Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland<\/b><\/p>\n

NEWARK, N.J. & LETTERKENNY, Ireland–(BUSINESS WIRE<\/a>)–
\nPrudential Financial, Inc. (NYSE: PRU<\/a>) and Tata Consultancy Services (\u201cTCS\u201d) announced that they have entered into a strategic relationship related to Pramerica Systems Ireland Ltd. (\u201cPramerica\u201d), Prudential\u2019s Ireland-based business and technology solutions provider.\n<\/p>\n

\nUnder the transaction, a majority of Pramerica employees in Ireland will become employed by TCS, whereby TCS will continue to service and support Prudential under a multiyear services arrangement. Pramerica will remain a wholly owned subsidiary of Prudential.\n<\/p>\n

\nPrudential will retain the Pramerica Ireland entity, which will continue to operate from Letterkenny and will focus on providing regional business services, reporting under its global asset manager, PGIM.\n<\/p>\n

\nThis relationship is consistent with Prudential\u2019s transformation process, including ongoing initiatives to optimize its technology and investment footprint.\n<\/p>\n

\nTCS is a leading IT services, consulting and business solutions organization with a strong commitment to the Northwest of Ireland as well as its continued relationship with Prudential.\n<\/p>\n

About Prudential Financial, Inc.<\/b><\/p>\n

\nPrudential Financial, Inc. (NYSE: PRU)<\/a>, a financial wellness leader and premier active global investment manager with more than $1.5 trillion in assets under management as of September 30, 2020, has operations in the United States, Asia, Europe and Latin America. Prudential\u2019s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential\u2019s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com<\/a>.\n<\/p>\n

About Pramerica Systems Ireland Ltd.<\/b><\/p>\n

\nPramerica provides a range of integrated business and technology services to its parent company, Prudential Financial, Inc.<\/a>, one of the world\u2019s largest financial services institutions. Pramerica partners with Prudential in their mission to solve the financial challenges of our changing world and uses industry leading techniques, tools and processes to do so. The objective is to enhance business performance by bringing forward strategic, innovative and cost-effective solutions.\n<\/p>\n

About Tata Consultancy Services<\/b><\/p>\n

\nTata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world\u2019s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. For more information, visit us at www.tcs.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201112005337\/en\/<\/a><\/span><\/p>\n

PRUDENTIAL MEDIA CONTACT:
\n<\/b>
Bill Launder, +1 973-802-8760, bill.launder@prudential.com
\n<\/a><\/p>\n

TCS MEDIA CONTACT:
\n<\/b>
Peter Devery, +44(0)20 3155 2421; +44(0)7714 915 403, peter.devery@tcs.com<\/a><\/p>\n

KEYWORDS:<\/b> North America United States Ireland United Kingdom Europe New Jersey<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Consulting Professional Services Technology Software<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland NEWARK, N.J. & LETTERKENNY, Ireland–(BUSINESS WIRE)– Prudential Financial, Inc. (NYSE: PRU) and Tata Consultancy Services (\u201cTCS\u201d) announced that they have entered into a strategic relationship related to Pramerica Systems Ireland Ltd. (\u201cPramerica\u201d), Prudential\u2019s Ireland-based business and technology solutions provider. Under the transaction, a majority of Pramerica employees in Ireland will become employed by TCS, whereby TCS will continue to service and support Prudential under a multiyear services arrangement. Pramerica will remain a wholly owned subsidiary of Prudential. Prudential will retain the Pramerica Ireland entity, which will continue to operate from Letterkenny and will focus on providing regional business services, reporting under its global asset manager, PGIM. This relationship is … <\/p>\n

Continue reading “Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379263","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPrudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-and-tcs-announce-strategic-relationship-for-pramerica-systems-ireland\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Prudential Financial and TCS announce strategic relationship for Pramerica Systems Ireland NEWARK, N.J. & LETTERKENNY, Ireland–(BUSINESS WIRE)– Prudential Financial, Inc. (NYSE: PRU) and Tata Consultancy Services (\u201cTCS\u201d) announced that they have entered into a strategic relationship related to Pramerica Systems Ireland Ltd. (\u201cPramerica\u201d), Prudential\u2019s Ireland-based business and technology solutions provider. Under the transaction, a majority of Pramerica employees in Ireland will become employed by TCS, whereby TCS will continue to service and support Prudential under a multiyear services arrangement. Pramerica will remain a wholly owned subsidiary of Prudential. Prudential will retain the Pramerica Ireland entity, which will continue to operate from Letterkenny and will focus on providing regional business services, reporting under its global asset manager, PGIM. 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