TCS partners with Transamerica

Capital Market 

Secures a multiyear $2 billion contract for administration of Transamerica's US and annuity business

announced that it has entered into an agreement with Transamerica, a leading provider of life insurance, and investment solutions, to enable the transformation of administration of its US and annuity business lines.

The multi-year contract is worth more than $2 billion in revenues, and is expected to be completed by the second quarter of 2018.

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First Published: Fri, January 12 2018. 09:19 IST