{"id":380120,"date":"2020-11-12T14:40:37","date_gmt":"2020-11-12T19:40:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380120"},"modified":"2020-11-12T14:40:37","modified_gmt":"2020-11-12T19:40:37","slug":"tcs-deepens-strategic-partnership-with-prudential-financial","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tcs-deepens-strategic-partnership-with-prudential-financial\/","title":{"rendered":"TCS Deepens Strategic Partnership with Prudential Financial"},"content":{"rendered":"
\n

– Tata Consultancy Services to Establish New Global Delivery Centre in Ireland to Provide Prudential with a Range of Business and Technology Services<\/h2>\n

– Over 1,500 staff of Pramerica Systems Ireland Ltd., Prudential’s Irish Subsidiary, to Transfer to TCS and Further Expand the Latter’s Global Delivery Capability<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEWARK, N.J.<\/span> and DUBLIN<\/span> and MUMBAI, India<\/span>, Nov. 12, 2020<\/span> \/PRNewswire\/ —\u00a0Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, and Prudential Financial, Inc. (PFI), a financial wellness leader and premier active global investment manager, announced today that they are entering into an agreement that will see TCS acquire the staff and select assets of Pramerica Systems Ireland Ltd. (Pramerica), PFI’s subsidiary based in Letterkenny, Ireland<\/span>. <\/p>\n

\n

\n
\n \"Tata
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The enhanced partnership builds on a long relationship between the two organisations and will see over 1,500 of Pramerica’s staff in Ireland<\/span> transfer to TCS. As part of TCS’ new Global Delivery Centre in Ireland<\/span>, they will continue to provide PFI with a range of business, digital and technology services, while also expanding TCS nearshore capabilities to provide the multifunctional, digital services and solutions to other customers in Ireland<\/span>, the UK, Europe<\/span> and the US. The transaction is subject to completion of customary regulatory approvals.<\/p>\n

“Ireland<\/span> is uniquely positioned to play a leading role in the digital economy. This key investment deepens our relationship with PFI and gives us a new delivery capability in Ireland<\/span> with specialized expertise, that significantly strengthens our ability to meet the growth and transformation needs of our customers globally<\/i>,” said K Krithivasan, President – Banking, Financial Services and Insurance, TCS<\/b>. “We warmly welcome Pramerica’s employees into the TCS family. We are confident they will avail the immense career growth opportunities that TCS offers, and fully realise their potential<\/i>.” <\/p>\n

\n
\n Stacey Goodman<\/span>, Chief Information Officer of PFI,<\/b>\u00a0commented, “We are incredibly proud of the organisation our colleagues in Letterkenny have built and evolved over the past two decades and excited for Pramerica’s next chapter together with TCS and in partnership with PFI.\u00a0 This transaction further expands our relationship with TCS, while advancing PFI’s ongoing transformation process and providing exciting growth opportunities for Pramerica Ireland employees and the Letterkenny region.”<\/i><\/p>\n

PFI will retain the Pramerica Ireland\u00a0entity, which will continue to operate from Letterkenny and will focus on providing regional business services, reporting under its global asset manager, PGIM.<\/p>\n

TCS has been partnering with the world’s leading banks, financial services, and insurance institutions in their growth and transformation initiatives for over four decades. It offers a comprehensive portfolio of technology-led, domain-focused services, and innovative solutions that empower BFSI institutions manage risks better, respond to market changes quickly, leverage ecosystems, accelerate innovation and deliver superior customer experiences, while ensuring regulatory compliance. Its award-winning TCS BaNCS\u2122<\/span> suite of products and platforms that spans the complete financial services value chain, has helped customers across the world launch new products, enhance customer service, strengthen operational resilience, and grow their business.<\/p>\n

In the UK, TCS is the largest IT service provider by revenue in the financial services industry, and the #1 provider of third-party policy administration services in the life insurance and pensions industry. It has been ranked by UK customers as #1 in customer satisfaction, in Europe’s<\/span> largest independent survey of IT service providers. It has been ranked the #1 Top Employer in the UK by the Top Employers Institute for the last three years.<\/p>\n

\n About Tata Consultancy Services Ltd. (TCS)<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s 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. This is delivered through its unique Location Independent Agile\u2122<\/span> delivery model, recognized as a benchmark of excellence in software development.<\/p>\n

A part of the Tata group, India’s<\/span> largest multinational business group, TCS has over 453,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion<\/span> in the fiscal year ended March 31, 2020<\/span>, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India<\/span>. TCS’ proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com<\/a>.<\/p>\n

For TCS global news, follow\u00a0@TCS_News<\/a>.<\/p>\n

\n About Prudential Financial, Inc. (PFI)<\/b>\u00a0\u00a0 <\/p>\n

Prudential Financial, Inc.\u00a0(NYSE: PRU), a financial wellness leader and premier active global investment manager with more than\u00a0$1.5 trillion\u00a0in assets under management as of\u00a0September 30, 2020, has operations in\u00a0the United States,\u00a0Asia,\u00a0Europe, and\u00a0Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit\u00a0news.prudential.com<\/a><\/u>.<\/p>\n

\n PFI Media Contact:<\/b>\n <\/p>\n

\n\n\n
\n

\n Bill Launder<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: bill.launder@prudential.com | Phone: +1 973 802 8760<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n TCS media contacts:<\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n Asia Pacific<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: charlene.lee@tcs.com<\/a><\/u>\u00a0| Phone: +65 9138 4370<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Australia and New Zealand<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: kelly.ryan@tcs.com<\/a><\/u>\u00a0| Phone: +61 422 989 682<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Benelux<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: joost.galema@tcs.com<\/a><\/u>\u00a0| Phone: +31 615 903387<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Canada <\/span>\n <\/p>\n<\/td>\n

\n

\n Email:\u00a0tia.thomas@tcs.com<\/a><\/u>\u00a0| Phone: +1 647 790 7602\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Europe<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: mattias.afgeijerstam@tcs.com<\/a><\/u>\u00a0| Phone: +46 723 989 188<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n India<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: arushie.sinha@tcs.com<\/a><\/u>\u00a0| Phone: +91 22 6778 9960\u00a0 <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Middle East & Africa<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: s.hasneen@tcs.com<\/a>\u00a0| Phone: +00971567471988<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Japan<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: douglas.foote@tcs.com<\/a><\/u>\u00a0| Phone: +81 80-2115-0989<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Latin America<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: martin.karich@tcs.com<\/a><\/u>\u00a0| Phone: +569 6170 9013<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Nordics<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: roland.bagen@tcs.com<\/a>\u00a0| Phone: +46 70 317 80 24<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n UK<\/span>\n <\/p>\n<\/td>\n

\n

\n Email: peter.devery@tcs.com<\/a><\/u>\u00a0| Phone: +44 20 3155 2421<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n USA <\/span>\n <\/p>\n<\/td>\n

\n

\n Email: william.thomas@tcs.com<\/a><\/u>\u00a0 | Phone: +1 203-984-3978<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/tcs-deepens-strategic-partnership-with-prudential-financial-301172273.html<\/a><\/p>\n

SOURCE Tata Consultancy Services<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

– Tata Consultancy Services to Establish New Global Delivery Centre in Ireland to Provide Prudential with a Range of Business and Technology Services – Over 1,500 staff of Pramerica Systems Ireland Ltd., Prudential’s Irish Subsidiary, to Transfer to TCS and Further Expand the Latter’s Global Delivery Capability PR Newswire NEWARK, N.J. and DUBLIN and MUMBAI, India, Nov. 12, 2020 \/PRNewswire\/ —\u00a0Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, and Prudential Financial, Inc. (PFI), a financial wellness leader and premier active global investment manager, announced today that they are entering into an agreement that will see TCS acquire the staff and select assets of Pramerica Systems Ireland Ltd. (Pramerica), PFI’s subsidiary … <\/p>\n

Continue reading “TCS Deepens Strategic Partnership with Prudential Financial”<\/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-380120","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTCS Deepens Strategic Partnership with Prudential Financial - 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\/tcs-deepens-strategic-partnership-with-prudential-financial\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCS Deepens Strategic Partnership with Prudential Financial - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"– Tata Consultancy Services to Establish New Global Delivery Centre in Ireland to Provide Prudential with a Range of Business and Technology Services – Over 1,500 staff of Pramerica Systems Ireland Ltd., Prudential’s Irish Subsidiary, to Transfer to TCS and Further Expand the Latter’s Global Delivery Capability PR Newswire NEWARK, N.J. and DUBLIN and MUMBAI, India, Nov. 12, 2020 \/PRNewswire\/ —\u00a0Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, and Prudential Financial, Inc. 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(PFI), a financial wellness leader and premier active global investment manager, announced today that they are entering into an agreement that will see TCS acquire the staff and select assets of Pramerica Systems Ireland Ltd. 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