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Tata Consultancy Services Limited · TCS
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Tata Consultancy Services (TCS) has announced a long-term strategic partnership with Aareal Bank to transform its technology landscape with an AI-powered, cloud-first operating model. The partnership will modernize Aareal Bank's technology estate, strengthening operational resilience, building cyber readiness, and driving future growth.
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Tata Consultancy Services Limited has informed the Exchange regarding 'Press Release - TCS to Accelerate AI-Led Technology Transformation for Germany's Aareal Bank'.
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TCS/PR/SE/31/2026-27
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 “TCS to Accelerate AI-Led
Technology Transformation for Germany’s Aareal Bank” 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
TCS to Accelerate AI-Led Technology Transformation for
Germany’s Aareal Bank
Partnership will modernize Aareal Bank's technology estate, strengthening operational resilience, building
cyber readiness, and driving future growth.
WIESBADEN| MUMBAI, September 15, 2026: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a
global leader in IT services, consulting, and business solutions, announced a long-term strategic partnership
with Aareal Bank, a leading international property specialist, to transform its technology landscape with an
AI-powered, cloud-first operating model. The collaboration marks a significant milestone in the Bank's
ongoing technological transformation programme, supporting its ambition to further modernise its IT
landscape, strengthen resilience, and create a future-ready digital foundation.
As part of the partnership, TCS will become an integral part of the Bank's IT ecosystem, providing end-to-end
support to its infrastructure landscape, including data centre operations, cloud platforms, workplace
services, cybersecurity, and infrastructure management services. Leveraging its AI-led delivery model,
intelligent automation capabilities, and deep financial services expertise, TCS will help simplify technology
operations, improve service quality, enhance security, and create a more agile and scalable technology
environment aligned with the bank's long-term strategic objectives.
The transformation will deliver a more resilient, secure, and scalable technology environment, enabling
Aareal Bank to operate more efficiently, respond faster to changing business needs, and accelerate
innovation. It will also strengthen the bank's ability to navigate evolving regulatory and technology demands,
while supporting sustainable growth.
Dr Christian Ricken, CEO, Aareal Bank, said, “A modern, resilient and efficient technology platform is key to
facilitating our business strategy. By partnering with TCS, we are strengthening our technology capabilities
and creating the foundation for the next stage of our transformation journey. TCS brings extensive experience
in financial and cloud services.”
K Krithivasan, CEO & MD, Tata Consultancy Services, said, "As financial institutions modernize their
technology estates to meet growing demands for resilience, security, and agility, AI-powered operations are
becoming a critical enabler for enterprise transformation. We are proud to support Aareal Bank in
its technological transformation. Our shared focus is on building a modern, secure and scalable technology
environment that supports innovation, operational excellence and sustainable growth.”
Building on this strategic foundation, TCS and Aareal Bank will continue to explore opportunities to advance
AI-driven operations, intelligent cybersecurity capabilities, and next-generation technology services to
further enhance operational resilience and support the bank's long-term innovation agenda.
TCS has a long-standing commitment to serving as a trusted IT partner for European enterprises, with a
presence in the region for over 45 years and close to 15,000 employees. In Germany, it has been operating
since 1991, maintaining a strong local presence with multiple offices across the country. Independent studies
consistently rank TCS among the IT service providers with the highest customer satisfaction in Germany. The
company is also recognized as a Top Employer.
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Aareal Bank AG
Aareal Bank AG, headquartered in Wiesbaden, is a leading international property specialist. Through its
Structured Property Financing and Banking & Digital Solutions segments, the Bank provides financing,
banking services and software-enabled solutions for the property sector and related industries. For more
information, visit www.aareal-bank.com/en/
Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services (BSE: 532540, NSE: TCS) is the technology partner of choice for industry-leading
organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation,
engineering excellence and customer service.
It has set an aspiration to become the world's largest AI-led technology services company and is enabling its
clients to transform themselves across the full AI stack, from infrastructure to intelligence.
Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its
investors, its employees, and the community at large. With a highly skilled workforce spread across 56
countries and 194 service delivery centers across the world, the company has been recognized as a top
employer in six continents. With the ability to rapidly apply and scale new technologies, the company has
built long term partnerships with its clients. Many of these relationships have endured into decades and
navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today.
TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New
York City Marathon, TCS London Marathon, Tata Mumbai Marathon, and TCS Sydney Marathon with a focus
on promoting health, sustainability, and community empowerment.
TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. For
more information, visit www.tcs.com
Follow TCS on LinkedIn| Instagram | YouTube| X
TCS media contacts:
Corporate Communications & Email: corporate.communications@tcs.com
India Email: santosh.castelino@tcs.com | Phone: +91 22 67789098
Email: rhea.mistry@tcs.com
Europe Email: roland.bagen@tcs.com | Phone: +46 70 3178024
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