This deal considered to be the biggest outsourcing deal Latin America has ever seen. The deal values worth $140 million. The agreement is inked between Banco Pichincha, Ecuador's largest private bank and Tata Consultancy Services (TCS), a leading global information technology services, consulting and outsourcing company. After some tough bidding why TCS has been chosen, the GM of Banco Pichincha says that TCS has been chosen as the bank's strategic partner on the strengths of its end to end technology capabilities, reputation in providing certainty of results, deep domain expertise in banking & committed scale of operations in this region.
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