Tata Consultancy Services announced that TCS BaNCS for Market Infrastructure has been selected by the Kuwait Clearing Company (KCC) for Central Counter Party (CCP) Services.
The KCC is the central clearing, settlement, and depository entity for all securities and derivatives traded at the Boursa Kuwait. KCC also provides registrar and trustee services to companies and investment funds, and performs local and regional custody services for both local and foreign investors.
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