TCS partners with Strate

TCS partners with Strate
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TCS has announced partnership with South Africa’s Strate (The Central Securities Depository for the electronic settlement of financial instruments in South Africa)

Hyderabad: TCS has announced partnership with South Africa’s Strate (The Central Securities Depository for the electronic settlement of financial instruments in South Africa). This new engagement will provide Strate with the ability to adopt multiple settlement models across asset classes, along with a flexible framework to cater for market-specific requirements designed to maximise settlement efficiency. The solution will also provide comprehensive support for both nominee and beneficial ownership account structures, TCS said in a statement.

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