TCS Upgrades Swiss Post-Trade Infrastructure

20 Dec 2023 CW Team

Tata Consultancy Services (TCS) has undertaken a modernisation initiative for Switzerland's SIX post-trade market infrastructure, marking a significant advancement in financial technology. The project aims to enhance the efficiency and functionality of the post-trade processes, contributing to a more streamlined and technologically advanced market infrastructure.

The modernisation efforts by TCS involve upgrading and optimizing key components of the post-trade market infrastructure operated by SIX, a prominent financial services provider in Switzerland. This strategic initiative aligns with the evolving needs of the financial industry, focusing on leveraging advanced technology to improve operational capabilities and ensure regulatory compliance.

The upgraded infrastructure is designed to provide enhanced performance, scalability, and security in post-trade processes, benefiting participants in the financial ecosystem. TCS's expertise in digital technologies and financial solutions positions it as a key partner in driving the transformation of critical financial infrastructure in Switzerland.

As financial markets continue to evolve, the collaboration between TCS and SIX underscores the importance of technological innovation in maintaining competitiveness and efficiency. The modernisation project is expected to contribute to Switzerland's standing in the global financial landscape by fostering a more agile and resilient post-trade market infrastructure.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..