Envestnet Data: TCS wins order from Chicago-based Envestnet Data and Analytics

Tata Consultancy Companies introduced Wednesday that it has been awarded a contract by Chicago-based Envestnet Knowledge and Analytics to develop cloud-based options for the monetary wellness options firm. Monetary particulars of the transaction weren’t disclosed.

Along with increasing its core platform and cloud-enabling its knowledge property, TCS will improve Investnet D&A’s expertise infrastructure, streamline operations and implement product innovation.

As well as, TCS will supply its shoppers within the banking and monetary providers trade custom-made analytical options leveraging Investnet’s D&A platform.

“…We’re excited to companion with TCS to extra shortly reply to market progress alternatives, permitting us to scale our product improvements and extra dynamically meet our clients’ expectations,” mentioned Farouk Ferchichi, Group President , Envestnet Knowledge and Analytics.

“With our in depth monetary expertise constructed over a long time, TCS helps main wealth administration establishments world wide leverage new applied sciences to navigate the evolving enterprise panorama, drive innovation and enhance consumer experiences,” mentioned Rakesh Kumar, Head of Enterprise Unit – US West , Banking , Monetary Companies and Insurance coverage, TCS.

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