Tata Consultancy Services (TCS) has partnered with the Dubai Gold & Commodities Exchange (DGCX) to upgrade its market infrastructure. This collaboration will implement a next-generation integrated trading, clearing, and surveillance solution, enhancing DGCX’s capabilities for derivatives trading across various asset classes and strengthening TCS’s presence in the BFSI sector.
TCS Partners with Dubai Gold & Commodities Exchange
September 15, 2026 – Tata Consultancy Services (TCS) announced a strategic partnership with the Dubai Gold & Commodities Exchange (DGCX), the Middle East’s largest digital marketplace for trading derivatives. This collaboration aims to modernize and future-proof DGCX’s market infrastructure by implementing a next-generation integrated trading, clearing, and surveillance solution.
Enhancing Derivatives Market Infrastructure
The partnership will enable DGCX to build a scalable foundation that accelerates growth, drives product innovation, and expands into newer asset classes. TCS will deliver a world-class platform by integrating its solutions including: TCS BaNCS™ for Market Infrastructure for central counterparty clearing, Quartz™ for surveillance to monitor and detect market manipulation, and TCS BaNCS Securities Trading for cross-asset trading.
Additionally, the agreement includes the implementation of TCS’ Quartz Gateway for advanced market connectivity, powered by generative AI for reporting and analytics, alongside exchange trading and matching capabilities from a global exchange partner.
Strategic Impact and Future Growth
This initiative is part of TCS’s BFSI Products and Platforms business group, which focuses on empowering financial services organizations. The collaboration is expected to strengthen DGCX’s offering across energy, currencies, equities, and precious metals, while providing the capacity to develop and launch new products. The enhanced infrastructure will support DGCX in its goal to connect more regional and international participants, aligning with Dubai’s position as a major global center for commodities and capital flows.
Ahmed Bin Sulayem, Chairman and Chief Executive Officer, DGCX, stated, “Our partnership with Tata Consultancy Services will build the technology foundation for the next stage of our growth.” R. Vivekanand, President, BFSI Products and Platforms, TCS, added, “Our expertise in delivering mission-critical solutions across global markets…uniquely positions us to support DGCX on this transformation journey.”
About Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is a global leader in IT services, consulting, and business solutions. Founded in 1968, TCS operates worldwide, providing innovative and resilient technology solutions. The company generated consolidated revenues of over US$30 billion for the fiscal year ended March 31, 2026.
Source: BSE
