TCS expands partnership with UK’s National Employment Savings Trust, here’s how the new deal is

India’s largest technology company Tata Consultancy Services has won a deal from UK’s largest workplace pension scheme, National Employment Savings Trust (Nest). The deal is to digitally transform Nest’s scheme administration services. A Nest spokesperson said that the full deal (with possible extensions) is valued at around $1.9 billion. The deal duration will be of minimum 10 years with an option to extend it another 8 years.

TCS will transform the administration services using TCS BaNCS. This will enable Nest’s 12 million members and 1 million employers to access the right information at the right time, in the way that suits them best.