TCS bags £600-mn deal from Phoenix

Tata Consultancy Services (TCS), the country’s largest IT services firm, has won an over £600-million (about $723-million) contract with Phoenix Group, UK’s largest long-term savings and retirements provider, to digitally transform the latter’s ReAssure business using the TCS BaNCS-based platform. The deal is an expansion of TCS’s long-standing partnership with the Phoenix Group.