ICICI Securities taps TCS to revamp trading platform

ICICI Securities has partnered with Tata Consultancy Services (TCS) to upgrade its retail trading platform, aiming to deliver a faster and more stable experience to investors.

The revamp will be powered by TCS BaNCS, the IT giant’s flagship trading solution, already used by several top banks and brokers in India. The collaboration is expected to boost platform agility, reduce latency, and streamline core brokerage functions such as order management, exchange connectivity, risk management, and customer onboarding.

“By adopting TCS BaNCS, we will empower our customers with a seamless and high-performance trading ecosystem,” said T.K. Srirang, MD & CEO of ICICI Securities. “We are delighted to partner with TCS to build a future-ready platform.”


The upgraded system will connect with major Indian exchanges including BSE, NSE, and MCX, enabling ICICI Securities to keep pace with rising trading volumes and evolving investor needs.

“This partnership validates our leadership in capital markets and strengthens our role in building India’s digital infrastructure,” said R. Vivekanand, President of BFSI Products & Platforms at TCS. “We are future-proofing ICICI Securities’ platform with cloud-readiness and advanced scalability.”

TCS’ trading solutions currently handle nearly 30% of India’s retail trading volume, supporting over 30 financial institutions. The BaNCS suite also powers over 25 financial markets globally.