Tata Consultancy Services (TCS), a global leader in IT services and consulting, has renewed its partnership with Norway’s largest financial services group, DNB Bank ASA, for an additional five years. This extension strengthens their longstanding collaboration, focusing on digital transformation, cost efficiency, and next-generation technologies like AI and quantum computing.
Under the renewed agreement, TCS will continue as DNB’s strategic partner, supporting its digital modernization journey. TCS will develop and maintain new applications, enhance security capabilities, and provide cutting-edge insights to drive innovation. The partnership has already delivered significant milestones, including the launch of DNB’s peer-to-peer mobile payment solution, positioning the bank as a leader in mobile payments.
Elin Sandnes, Group EVP of Technology & Services at DNB, expressed enthusiasm about the extended partnership, highlighting TCS’s role in enabling transformative innovations over the past 12 years. TCS’s Machine First™ Delivery Model has further improved DNB’s operational resilience, productivity, and customer satisfaction.
TCS’s Sahyadri Park campus in Pune, India, will play a key role in supporting critical services for DNB. With over 20,000 employees in the Nordics, TCS has been a trusted partner for leading enterprises in banking, financial services, insurance, telecom, and hi-tech sectors. In Norway, TCS has ranked 1 in customer satisfaction for eight consecutive years and has been recognized as a Top Employer by the Top Employers Institute.