Tata Consultancy develops record keeping system

August 29th, 2008 - 6:41 pm ICT by IANS  

Mumbai, Aug 29 (IANS) Leading software developer and business solution provider Tata Consultancy Services (TCS) has developed a new record keeping system for National Securities Depository Ltd (NSDL), India’s largest financial depository firm.According to a TCS statement, the new system will constitute the central record keeping agency for the central government’s new pension system.

“In partnership with NSDL, we have built a pension record system in just six months that is capable of scaling up to meet the needs of this fast-growing economy,” TCS CEO and managing director S. Ramadorai said in the statement.

Added NSDL CEO Gagan Rai: “The new central records system for pensions is technologically advanced and will be able to meet the needs of users optimally.”

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