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TCS subsidiary gets multi-million pound deal from Friends Life Management

India TV Business Desk 19 Aug 2014, 14:49:32 PM IST
India TV Business Desk
New Delhi: Tata Consultancy's subsidiary in the UK, Diligenta Ltd, a life insurance and pensions business process outsourcing (BPO) provider, has secured a multi-million pound, multi-year contract with Friends Life Management Services Ltd (Friends Life) for the latter's international operations.

However, the company have not disclosed the financial details of the deal.

As per the deal, Diligenta will implement TCS BaNCS, a core platform, at Friends Life in Asia-Pacific and West Asia.

John Van Der Wielen, CEO International at Friends Life, said: “This new deal will enable us to streamline our systems, improve services to our customers and put us in a strong position to continue growing new business.”

The UK-headquartered Diligenta was established in 2005 to provide back office services for the country's life & pension industry. It currently administers about 6.5 million live policies on behalf of its clients.