Jul 13, 2020

TCS: supporting mission critical technology amidst COVID-19

covid-19
Technology
Innovation
Consultant
Georgia Wilson
3 min
Fintech
With COVID-19 impacting businesses of all sizes, TCS maintains its support of mission critical technology...

Since the outbreak of COVID-19, the pandemic has created significant global challenges that have caused widespread disruption. TCS believes “that all global challenges need global solutions. We are engaged with our employees, clients, partners, public institutions, and community organisations to rise to the occasion. As the world comes together to fight this, human endeavor and ingenuity will surely prevail over this crisis,” comments TCS.

Continuing its support of mission critical technology

As a leading technology provider, TCS works with thousands of organisations around the world in order to keep them up and running. 

“We power the financial backbones of several countries, support some of the largest health care and pharmacy companies in the world, manage integrated systems – including online channels – for retail companies, and run technology for governments and public services organisations. The smooth functioning of all these organisations will be vital during a period of lockdown and social distancing,” adds TCS.

With 50 years of experience in location independent work practices, TCS has the capabilities to deploy collaboration platforms, cloud enabled infrastructure and robust security practices to mitigate the challenges presented by COVID-19. “Our clients have trusted TCS to manage their technology. We will continue to keep earning their trust by working together to navigate these difficult times.”

Currently TCS has pledged over US$200mn to protect and empower those affected by the impact of COVID-19, and is working closely with governments and institutional partners. “We are continuously engaged with government authorities, industry chambers and multilateral organisations to support them in ensuring the safety of communities, while keeping critical services operational. Governments in the countries where we operate recognize the IT sector as mission critical in powering functional economies. We are in touch with public institutions to ensure continuity on all fronts.” TCS is also a strategic partner to the World Economic Forum as part of its COVID-19 action platform. 

In addition to its financial pledge and engagement with governments and institutional partners, Tata Sons and Tata Trusts have pledged US$200mn to protect and empower affected communities. The pledge will include the supply of personal protective equipment for frontline medical personnel, respiratory systems, testing kits, modular treatment facilities and training for health workers and the general public. 

Combating COVID-19 with technology

Drawing on its experience in research and innovation, TCS has been utilising its knowledge to deliver disruptive solutions and technology. Since the outbreak of COVID-19, TCS has been leveraging its R&D infrastructure to run multiple projects looking for opportunities to support high priority needs around the world.

“The foremost priority lies in the area of healthcare and vaccine research. Some of our initiatives include the COVID-19 patient tracker, creating a quick and light platform for clinical trials systems to rapidly collate effectiveness data in collaboration with pharma and medical institutions, drug molecule discovery using our patented technology and frameworks and exploring promising ideas for affordable and effective ventilators and kits. These represent just some of the ways we are harnessing our expertise to fight this virus.”

To find out how Workplace Safety and Insurance Board (WSIB) is harnessing TCS’s capabilities, click here! 

For more information on all topics for FinTech, please take a look at the latest edition of FinTech magazine.

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Jun 23, 2021

Singapore FinTech Association launches new networking club

Fintech
singapore
fintechassociation
fintechclub
2 min
The Singapore FinTech Association announced the launch of the SG FinTech Club, to improve the vibrancy of the fintech ecosystem

The Singapore FinTech Association (SFA) has announced the launch of a new SG FinTech Club, which will act as hub that enhances networking among local fintech companies based in Singapore.

The APAC nation, which is a leading regional centre for fintechs, accounting for 13% of Singapore’s GDP in 2020. More than 1,400 fintech companies are based there, employing an estimated 10,000 people. 

Technology is a driving factor within the space, and the SG FinTech Club will act as a base through which knowledge, resources and connections can be shared, as a way to increase the level of expertise in the space. 

According to reports, the SFA will also develop and curate the engagement programmes for the fintech ecosystem. SG FinTech Club members will benefit from hospitality privileges offered by Supporting Partners , such as co-working spaces, which they can leverage on for social engagements. 

The club’s existing membership platform will also enable users to sign up for talent matchmaking sessions, industry expert mentorship programmes, and masterclasses organised by SFA.

SG Fintech Club partnerships

The initiative has attracted the attention of several global fintech leaders, including the Institute of Banking and Finance (IBF). J.P. Morgan has also joined the club as Supporting Partner and Corporate Partner, respectively, to develop skills and career development events.

Speaking about the launch of the new club, Shadab Taiyabi, President of SFA, explained, “We are proud to collaborate with MAS on the launch of SG FinTech Club, and play our part in contributing to Singapore’s thriving FinTech ecosystem. 

“We hope that the Club would be the key platform for inspiration and innovation, where professionals in the financial services sector can come to exchange opinions, network, and explore endless ideas with other like-minded individuals. 

He continued, “Through the Club, we strive to champion and bolster Singapore’s FinTech entrepreneurship growth, facilitate the sharing of insights, collaborations, discussions and advocate the importance of upskilling amongst professionals across the financial services industry.”

Image credit: Singapore FinTech Association event

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