TCS partners with DGCX to upgrade derivatives market infrastructure

Tata Consultancy Services (TCS) has partnered with the Dubai Gold & Commodities Exchange (DGCX) to modernize its market infrastructure. This collaboration will implement a next-generation integrated trading, clearing, and surveillance solution, including TCS BaNCS™ for Market Infrastructure, Quartz™ for Surveillance, and TCS BaNCS Securities Trading. The upgrade aims to provide DGCX with a flexible technology foundation for growth, improved operational efficiency, and accelerated new product development, supporting expansion into emerging asset classes like crypto and tokenised assets. This partnership is expected to strengthen DGCX's position as a major financial center and enhance its offerings across various asset classes.