TCS launches Quartz Smart Solution for offering cryptocurrency trading
A leading global IT consulting services organisation, Tata Consultancy Services (TCS) released a press note on Wednesday, announcing the launch of Quartz Smart Solution for Crypto services.
Quartz Smart Solution is a digitally powered solution that enables banks and investment firms to extend secure cryptocurrency trading for their clients. The designed solution supports cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues and public blockchain networks. Along with various choices, it also provides flexibility to customers while making their trade and investment strategies.
More importantly, Quartz Smart Solution facilitates the banks and investment firms to offer their clientele, transfer payments in the form of digital cash and benefit from lower transaction costs as well as quicker access to liquidity.
With a best-in-class hardware security module, it ensures the security and authenticity of each transaction. The built-in authorisation engine enables configurable transaction approval policies, auto reconciliation, compliance and blockchain forensic checks thereby, ensuring that the transaction is executed only after the validation and authorisation by the user.
The stock of Tata Consultancy Services Ltd was trading at Rs 2,241.15 with a decline of 1.27 per cent at around 2.09 pm on BSE.