India’s largest software company TCS has reached an agreement to drive business process transformation at Aadhar Housing Finance for an undisclosed amount, the companies announced on Wednesday.
The national housing financier will deploy the Tata Group company’s lending and securitization platform for market expansion, according to a statement.
The partnership with TCS is about end-to-end transformation of business processes using the integrated and collaborative blockchain-based cloud platform.
The Indian market accounts for about 5% of the revenue of TCS, which depends on export markets for its revenue. Globally, banking, financial services and insurance is the largest segment for the company.
“TCS Lending and Securitization Platform helps Aadhar Housing Finance harness the power of digital technologies to enhance customer experience and enhance its market position,” said Ujjwal Mathur, Country Manager of the software company.
The platform offers seamless customer relationship management features, using artificial intelligence and machine learning, and has made sales operations more convenient, according to the release.
Managing Director and Managing Director of Aadhar, Deo Shankar Tripathi, said customer experience has improved with the technology platform.
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