TCS sets its sights on becoming a world leader for business applications in BFSI

Mumbai - 5 August 2007

Product Specialists to play key part in TCS Financial Solutions leadership team

TCS Financial Solutions, a strategic business unit of Tata Consultancy Services, a leading IT services, business solutions and outsourcing firm, unveiled a new executive team made up of product specialists from the financial services domain.

TCS Financial Solutions has appointed Robert U. Mullen as Head of Global Sales and Dennis Roman as Chief Marketing Officer. Reporting to the President of TCS Financial Solutions, Mr. N. G. Subramaniam, Mr. Mullen will be responsible for driving global sales for the TCS BαNCS suite of products and Mr. Roman will drive the branding and positioning of TCS BαNCS’ products through a global marketing and communications strategy.

The new appointments complete a product-centric team for TCS Financial Solutions. Earlier this year, TCS Financial Solutions had appointed Krishnan Ramanujam as Chief Operating Officer, Glenn Stafford as Head of Product Management and Frederick Szto as Chief Financial Officer.

Commenting on his new team, Mr. N. G. Subramaniam said: “The members of this leadership team have both outstanding experience and extraordinary track records in building and running highly successful organizations that focus on customer success and consistent delivery of best-in-class, client-focused solutions. Their knowledge, experience and commitment to success will impact positively on the global growth of TCS BαNCS’ product range and the performance of our clients.

Mr. Mullen and Mr. Roman said: “Given TCS BαNCS’ exceptional reputation and advanced functionality and architecture, we believe TCS Financial Solutions can make a significant impact on the solutions marketplace for financial institutions.”

Prior to joining TCS Financial Solutions, Robert U. Mullen was President of Worldwide Field Operations at Chordiant Software Inc. As a member of Chordiant’s Board Strategy Committee, he was responsible for sales, pre-sales, marketing and delivery activities world-wide. He has also held a number of executive positions during his eight years with IBM in the Financial Services Sector.

Immediately before joining TCS Financial Solutions, Dennis Roman led the marketing and communications efforts for i-flex solutions for a period of five years. Dennis has also worked as Hewlett Packard’s Worldwide Director of Banking and Financial Markets and helped define and execute the firm’s worldwide solutions and go-to-market strategies for banks and capital markets.

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