Mumbai: Brokerage firm ICICI Securities announced a strategic partnership with Tata Consultancy Services (TCS) to revamp its retail trading platform. The transformation will be driven by TCS BaNCS™, a robust trading solution recognized for its leadership in India’s brokerage ecosystem.
ICICI Securities Retail Trading Platform
Through this collaboration, ICICI Securities aims to enhance the scalability, agility, and user experience of its trading services, catering to the evolving expectations of millions of retail investors. The platform revamp will incorporate mission-critical functionalities such as advanced order management, real-time connectivity with major stock exchanges (BSE, NSE, MCX), online risk controls, seamless settlement, and improved customer management systems.
R Vivekanand, President of BFSI Products & Platforms at TCS, commented, “This engagement with ICICI Securities extends our leadership in capital markets and demonstrates our continued commitment to delivering high-performance trading solutions. By integrating TCS BaNCS™, we are not only upgrading the platform but also preparing it for future scalability, cloud adoption, and real-time trading efficiencies.”
T.K. Srirang, MD & CEO of ICICI Securities, stated, “Technology remains central to our operations. Partnering with TCS to implement TCS BaNCS™ reinforces our commitment to delivering a seamless, high-speed, and secure trading experience to our customers. This collaboration sets the foundation for a future-ready brokerage ecosystem.”
TCS, which currently powers nearly 30% of India’s retail trading volumes through its brokerage solutions, has a global presence across 25+ financial markets. Its capital markets platforms are trusted by top banks, exchanges, and depositories worldwide for handling high trading volumes with precision and low latency.
This initiative also strengthens TCS’ longstanding role in India’s digital transformation journey, reflecting its experience in executing large-scale public and private sector programs that impact millions of citizens.
