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TCS BaNCS to Power TMX Group, Canada's premier exchange, depository & clearing group, with a new consolidated technology Platform

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26 June 2017
Toronto|Mumbai, India

TCS announced today that TMX Group awarded TCS, the implementation of a single, integrated technology platform for Canada’s clearing and settlement businesses. The innovative platform, called TCS BaNCS for Market Infrastructure, will replace the legacy systems deployed by The Canadian Depository for Securities Limited (CDS) and Canadian Derivatives Clearing Corporation (CDCC), subject to regulatory approval where required.

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