Tata Consultancy Services, a
leading global IT services, consulting and business solutions organization
announced the acquisition of BridgePoint Group, LLC, and a US management
consulting firm catering to the financial services industry, and specializing in
retirement services, through the purchase of select company assets.
This acquisition augments TCS’
financial services and insurance domain knowledge, particularly in the area of
US retirement services, where BridgePoint team of experts currently provide
strategic insights and advisory services around growth, business agility,
customer experience and technical transformation. TCS currently partners
with eight of the top 10 US Banking, Financial services and Insurance
Institutions, and offers retirement services across the globe.
BridgePoint entire management team
and key experts will join TCS. Their deep customer relationships and
significant industry knowledge adds to TCS’ ability to provide digital
solutions that enhance sponsor and participant experience, and drive Business 4.0
transformations in the $1 trillion US retirement services market.
The
US retirement business is complex, so Bridge Point’s deep industry expertise
and team of highly experienced consultants will enable TCS to
develop a robust customer-focused retirement services business.
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