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Commercialbank of Qatar, TCS sign outsourcing partnership deal

BBR Staff Writer Published 18 October 2011

The Commercial Bank of Qatar (Commercialbank) has signed an agreement with Tata Consultancy Services (TCS) to establish the outsourcing of a number of the bank's back office processing and information technology services.

As per the agreement, TCS will provide services to other companies affiliated to Commercialbank.

The agreement, which has an initial term of 5 years, will provide the basis for a strategic relationship between Commercialbank and TCS.

Commercialbank said the outsourcing of these support services is designed to improve the delivery of its banking proposition to its customers, and to benefit from the processes developed by TCS with its other international banking clients.