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Diligenta, the UK subsidiary of TCS, begins 2012 with the successful
completion of a multi-million dollar project

Tata Consultancy Services announced in January that Diligenta, its UK-based Financial Services Authority (FSA) regulated subsidiary, had successfully concluded a multi-year, multi-million dollar transformation project at Phoenix Group, the UK’s largest specialist consolidator of closed life funds. This unprecedented program involved replacing and decommissioning 11 major life and pension administration systems, hundreds of peripheral systems and migrating more than four million policies and customer records, across multiple brands and product lines into TCS BaNCS Insurance.
The project is particularly exciting for TCS and Diligenta, not only because it demonstrates the company’s growing stature in the UK, but it also reinforces its leadership as a utility provider to the life & pensions segment of the UK insurance industry. Close collaboration was the key element of this landmark engagement, as Phoenix, Diligenta and TCS teams worked across regions and time zones to make this program a reality.
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