Computer Sciences Corp (CSC), a US-based insurance platform provider to a client of software major Tata Consultancy Services (TCS) has alleged in a lawsuit filed with a US district court last week, that the latter has been stealing its trade secrets.
CSC has claimed that TCS is using their trade secrets to build a competing software platform, as part of TCS BaNCS, in the life insurance market. TCS works with eight of the top ten banking, financial services and insurance (BFSI) companies in US.
In 2014,US software firm Epic Systems filed and won a similar lawsuit against the IT major, although TCS