TCS bags deal from Aadhar Housing Finance to improve business operations

The partnership with TCS is for an end-to-end business process transformation using the integrated and collaborative blockchain-based cloud platform.

TCS, Tata consultancy service
The domestic housing financier will be deploying the Tata group company's lending and securitisation platform for market expansion, according to a statement.
Press Trust of India Mumbai
1 min read Last Updated : Jun 22 2022 | 4:04 PM IST

India's largest software firm TCS has bagged a deal to drive business process transformation at Aadhar Housing Finance for an undisclosed sum, the companies said on Wednesday.

The domestic housing financier will be deploying the Tata group company's lending and securitisation platform for market expansion, according to a statement.

The partnership with TCS is for an end-to-end business process transformation using the integrated and collaborative blockchain-based cloud platform.

The Indian market constitutes around 5 per cent of the revenues for the TCS, which depends on the export markets for revenues. Globally, banking, financial services and insurance is the biggest segment for the company.

"The TCS lending and securitisation platform is helping Aadhar Housing Finance harness the power of digital technologies to enhance customer experience and improve its market position," the software company's country head Ujjwal Mathur said.

The platform offers seamless customer relationship management features, using artificial intelligence and machine learning, and has made sales operations more convenient, the statement said.

Aadhar's managing director and chief executive Deo Shankar Tripathi said customer experience has improved using the technology platform.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :TCSHousing Finance

First Published: Jun 22 2022 | 4:04 PM IST

Next Story