Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, announced that Saudi Real Estate Refinance Company (SRC) has implemented a single, integrated technology platform for its core operations to refinance real estate, a first of its nature deployment in the Middle East region.

TCS BaNCS will now service the complete mortgage refinancing lifecycle including the Treasury function as well as finance, human resources and payroll administration through its partner network.

Shares of the company gained Rs 10.85, or 0.38%, to trade at  Rs 2,870.00.  The total volume of shares traded  was  2,660 at the BSE (9.32 a.m., Wednesday).