SAP Business Technology Platform is an integrated offering comprised of four technology portfolios: database and data management, application development and integration, analytics, and intelligent technologies.
Mumbai-based Tata Consultancy Services, a global leader in IT services, consulting, technology, and digital solutions, is in the process of developing a new intelligent solution for the investment management and market infrastructure industry leveraging SAP Business Technology Platform. SAP’s platform offers a portfolio of solutions that gives enterprises the ability to adapt rapidly to change irrespective of their landscape and provides a faster way to turn data into business value.
TCS’ Investment Insights solution, which utilises the SAP Business Technology Platform, aims to help asset managers and market infrastructure firms leverage insights from harmonised data for superior portfolio design.
Prab Pitchandi, Global Head, BFSI CDO Strategic Initiatives, TCS, shared that the consulting firm has been delving into research and innovation in the capital markets domain. Aside from achieving a world-leading intellectual property, TCS’ continuous investment in that sector also empowered the consultancy firm to offer new differentiated services and solutions that would accelerate its customers’ digital transformation.
“TCS’ Investment Insights solution leverages our strong domain capabilities, contextual knowledge, and deep expertise in advanced analytics and insights to help customers transform their data into strategic investment insights for superior business outcomes,” he added.
Building an Intelligent Solution with SAP
Expressing the excitement on the development of the solution for the investment management and market infrastructure industry with TCS, Falk Rieker, Global Head of Banking & Capital Markets at SAP, said:
“SAP has a long history providing innovative technology to the world’s leading capital markets firms and will continue to support it with our industry cloud strategy. By leveraging the industry expertise, commitment to quality delivery, and customer focus, the teams at TCS and SAP are helping businesses make the transformational move to the Intelligent Enterprise.”
“Automation and innovation technologies such as machine learning facilitate faster time to production with less implementation risk. The current environment is driving organisations to innovate faster than ever. This partnership leverages the SAP Business Technology Platform to allow firms to adapt quickly to enhance their internal processes or create new data services to fill ever-changing market needs. This will enable industry participants to become market leaders in financial markets data and analytics,” Rieker further explained.
SAP Business Technology Platform has been enabling businesses to focus on providing solutions to specific business needs by combining technologies from four market categories (database and data management, application development and integration, analytics, and intelligent technologies) along with value creation scenarios. The platform can turn data into business value, compose end-to-end business processes, and build and extend SAP applications quickly.
“TCS’ Investment Insights solution is an outcome of our deep understanding of the capital markets industry and our co-innovation partnership with SAP. It will help our investment management and market infrastructure customers accelerate their product innovation, accelerate their Business 4.0™ transformation journeys and gain a competitive advantage,” stressed Prashant Shirgur, Global Head, SAP Practice, TCS.
Leveraging AI techniques and TCS’ intellectual property such as Automated Data Discovery and Machine Learning-based Data Quality Management tools, the Investment Insights solution is anticipated to enhance investment management firms’ portfolio decisioning.
Furthermore, the solution is designed to provide market infrastructure firms with a strong digital platform to streamline end-to-end data management, enhance their data offerings, and offer value-added services. Available on-premise or on the cloud, the TCS solutions will enable a 360° view of investments, ESG integration, black swan financial impact modelling, and yield optimisation strategies.
More About SAP Business Technology Platform
As businesses ease into the new world of work, SAP has also designed unique packages combining SAP Business Technology Platform solutions to help customers thrive in fast-changing environments, be able to react rapidly to new realities, and make bold decisions with insight-based confidence. The offerings focus on the following:
- Emergency response communications
- Intelligent process management
- Insight-driven decisions-making
