NSEUpdates4d ago · 15 Sept 2026, 11:30 am
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Tata Consultancy Services Limited · TCS
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Tata Consultancy Services Limited has partnered with the Dubai Gold & Commodities Exchange (DGCX) to modernise and future-proof DGCX's market infrastructure through the implementation of a next-generation integrated trading, clearing, and surveillance solution.
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Tata Consultancy Services Limited has informed the Exchange regarding 'Press Release - DGCX partners with TCS to advance and upgrade derivatives market infrastructure'.
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TCS_CORPCS_15092026112128_PR_15Sep26_signed.pdf
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TCS/PR/SE/30/2026-27
September 15, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, P. J. Towers,
Bandra Kurla Complex, Bandra (East) Dalal Street,
Mumbai - 400051 Mumbai - 400001
Symbol - TCS Scrip Code No. - 532540
Dear Sirs,
Sub: Press Release
We are sending herewith copy of the Press Release titled “DGCX partners with TCS to
advance and upgrade derivatives market infrastructure” which will be disseminated
shortly.
The Press release is self-explanatory.
Thanking you,
Yours faithfully,
For Tata Consultancy Services Limited
Yashaswin Sheth
Company Secretary
ACS 15388
Encl: as above
9th Floor Nirmal Building Nariman Point Mumbai 400 021
Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com
Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021
Corporate Identity No. (CIN): L22210MH1995PLC084781
DGCX partners with TCS to advance and upgrade derivatives
market infrastructure
This partnership will enable the Dubai Gold & Commodities Exchange (DGCX) to build a scalable foundation
to accelerate growth, drive product innovation, and expand into newer asset classes
DUBAI | MUMBAI, September 15, 2026: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global
leader in IT services, consulting, and business solutions, has partnered with the Dubai Gold & Commodities
Exchange (DGCX) to modernise and future-proof DGCX’s market infrastructure through the implementation
of a next-generation integrated trading, clearing, and surveillance solution.
The transformation programme will provide DGCX with a more flexible technology foundation to support
future growth, improve operational efficiency and accelerate the development of new products. It will also
strengthen DGCX’s ability to respond to the evolving needs of regional and international market participants
across established and emerging asset classes.
As part of this agreement, TCS will deliver a world-class trading, clearing and surveillance platform by
integrating:
• TCS BaNCS™ for Market Infrastructure for central counterparty clearing
• Quartz™ for Surveillance to monitor and detect market manipulation, fraud, and abnormalities
• TCS BaNCS Securities Trading to help market participants to trade across assets
• TCS’ Quartz Gateway for industry-standard market connectivity, combined with generative AI-
powered reporting, analytics, and decision-making
• Exchange trading and matching from a global exchange partner
These solutions are a part of BFSI Products and Platforms, a strategic business group within TCS that
empowers financial services and insurance organisations to achieve superior customer experience and
operational transformation. BFSI Products and Platforms supports some of the world's leading financial
markets with intelligent, resilient, and interoperable ecosystems, providing end-to-end service and solutions.
Ahmed Bin Sulayem, Chairman and Chief Executive Officer, DGCX, said, "Building on DGCX's recent
momentum, including strong trading volumes in 2025 and the launch of innovative products such as our Gold
Spot T+0 Contract, we are advancing our infrastructure to ensure our members benefit from the risk
management tools they need to trade with confidence. Our partnership with Tata Consultancy Services will
build the technology foundation for the next stage of our growth, strengthening our offering across energy,
currencies, equities, and precious metals, while giving us greater capacity to develop and bring new products
to market. Dubai is already one of the world's major centres for commodities and capital flows, and we will
continue to build and enhance our market infrastructure to match that position, while also connecting more
regional and international participants with the products, technology, and connectivity needed to access
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global opportunities."
R. Vivekanand, President, BFSI Products and Platforms, TCS, said, “Financial market infrastructures are at a
pivotal moment as they balance rapid innovation with the need for resilience, security, and operational
robustness. Through the combined power of TCS BaNCS, Quartz, and partner solutions, we are helping DGCX
build a modern, scalable platform to accelerate growth, enable product innovation, and expand into next-
generation asset classes. Our expertise in delivering mission-critical solutions across global markets, including
the Middle East, uniquely positions us to support DGCX on this transformation journey.”
The solutions provided by TCS will support DGCX’s range of derivatives products across energy commodities,
currencies, equities, bullion and precious metals, while providing the infrastructure for continued product
development and expansion into emerging asset classes such as crypto and tokenised assets. This builds on
recent product innovation at the exchange, including the launch in June 2026 of the Gold Spot T+0 Contract
– the GCC’s first same-day physically settled spot gold product offered on a regulated exchange.
Designed for scale and flexibility, the platform will support DGCX in bringing new products to market more
efficiently while strengthening the infrastructure supporting its existing markets.
Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services (BSE: 532540, NSE: TCS) is a preferred technology partner for industry-leading
organizations worldwide. Since its founding in 1968, TCS has maintained the highest standards of
innovation, engineering excellence, and customer service.
Its goal is to become the world's largest AI-powered technology services company, enabling customers to
transform across the entire AI value chain, from infrastructure to intelligence.
Rooted in the Tata Group's long-standing tradition, TCS is focused on creating long-term value for its
clients, investors, employees, and the communities it serves. With a highly skilled workforce operating
across 56 countries and 194 service delivery centers worldwide, the company has been recognized as one
of the best places to work across six continents. By rapidly applying and scaling emerging technologies, TCS
has built long-term partnerships with customers, helping them become perpetually adaptive enterprises.
TCS sponsors 14 of the world's most prestigious marathons and endurance events, including the TCS New
York City Marathon, the TCS London Marathon, the Tata Mumbai Marathon, and the TCS Sydney Marathon,
with a focus on promoting health, sustainability, and stronger communities.
TCS generated consolidated revenues of over US$30 billion for the fiscal year ended March 31, 2026.
For more information, visit www.tcs.com
Follow TCS on LinkedIn| Instagram | YouTube| X
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Dubai Gold & Commodities Exchange (DGCX)
The Dubai Gold & Commodities Exchange (DGCX) is the Middle East’s largest digital marketplace where
traders manage risk, protect value and grow portfolios. We drive liquidity in the market by offering a broad
range of futures and options contracts covering base and precious metals, hydrocarbons, equities and
currencies. Our members get the assurance of a highly regulated derivatives trading and clearing platform,
which has global credibility and a proven settlement track record.
DGCX owns and operates the region’s largest and only multi-asset clearing house, the Dubai Commodities
Clearing Corporation (DCCC). The DCCC is recognised as a licensed Central Counterparty (CCP) by the UAE’s
Capital Market Authority (CMA), as a ‘Recognized Clearing House’ (RCH) by the Monetary Authority of
Singapore (MAS) and as a third-country Central Counterparty by the European Securities and Markets
Authority (ESMA), reinforcing its alignment with internationally recognised regulatory standards. The
exchange and clearing house is regulated by the Capital Market Authority (CMA) in the UAE.
Our unique location at the convergence of trade flows, time zones and commerce allow us to seaml
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