Tata Consultancy Services (TCS), a leading IT services, consulting, and business solutions firm, announced today that its TCS BaNCS customer, National Employment Savings Trust (NEST) in the UK, has crossed the 1 millionth member mark.
Vijaya Deepti, vice-president, TCS Financial Solutions, said, ''TCS has been the IT solutions partner and administrator for the NEST Scheme since 2010. NEST went operational with volunteer employers in July 2011, beating by 15 months the official deadline of commencing full-scale operations in October 2012. The enrollment of the millionth member on Apr. 1, 2014, is a significant milestone for NEST, and TCS is extremely proud of this partnership and program. More importantly, being a part of the UK Government's ''Digital by Default'' initiative gives added impetus to TCS Digital Re-imagination program that has a connected simplified customer experience at its core.''
Shares of the company declined Rs 4.5, or 0.18%, to settle at Rs 2,431.95. The total volume of shares traded was 109,968 at the BSE (Thursday).