Tata Consultancy Services to Build New Operating System for International Organization for Migration

Date Publish: 
Thursday, August 2, 2007 - 16:00
© IOM 2007

Tata Consultancy Services (BSE: TCS.BO, NSE: TCS.NS), a leading IT
services, business solutions and outsourcing organisation, will
build and implement an integrated financial management solution for
the International Organization for Migration (IOM) aimed at meeting
the resource management challenges of a continually growing
organization.

In a multi-year engagement, TCS will implement a comprehensive
system that will provide a global solution for a range of functions
such as accounting, budgeting, donor relations, treasury, funds,
grants management and donor reporting amongst others. The system
will also provide a corporate financial tool connecting IOM's field
missions across the world. 

A major challenge for IOM - with 340 locations worldwide and
multiple donors - is to have a constant, up-to-date view of engaged
funds on specific projects and to meet diverse donor reporting
requirements.

Headquartered in Geneva with a 120 member states, IOM is an
inter-governmental organization that assists overseas workers,
governments and other partners on global migration issues and on
meeting the operational challenges of migration through practical
solutions.

"We have a vast array of financial responsibilities towards our
donors and other stakeholders. As such, a key priority is to ensure
that our financial operations are running smoothly and efficiently
and that we remain cost effective. We are confident that TCS'
expertise and experience will help us realise this objective," said
Brunson McKinley, IOM Director General.

N. Chandrasekaran, Executive Vice President and Head, Global
Sales and Operations,  TCS said: "TCS has a proven track
record for delivering highly customised solutions to global
organisations.  Devising and delivering a new global financial
system for the International Organization for Migration further
validates our capabilities in this arena and will help IOM and its
donors to experience certainty in financial reporting and
management."

About Tata Consultancy Services Ltd
(TCS)

Tata Consultancy Services is an IT services, business solutions
and outsourcing organization that delivers real results to global
businesses, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and
IT-enabled services delivered through its unique Global Network
Delivery Model, recognized as the benchmark of excellence in
software development.

A part of the Tata Group, India's largest industrial
conglomerate, TCS has over 94,000 of the world's best trained IT
consultants in 47 countries. The Company generated consolidated
revenues of US $4.3 billion for fiscal year ended 31 March, 2007
and is listed on the National Stock Exchange and Bombay Stock
Exchange in India. For more information, visit us at "paragraph-link-no-underline" href="http://www.tcs.com" target=
"_blank" title="">www.tcs.com.

About IOM

The International Organization for Migration (IOM) is an
intergovernmental organization committed to the principle that
humane and orderly migration benefits migrants and society.
Established in 1951, IOM has more than 340 field locations and 120
Member States and 91 observer States and intergovernmental and
non-governmental organizations. IOM assists in meeting the
operational challenges of migration, advances understanding of
migration issues and encourages social and economic development
through international migration.

Media contacts:

India:

Tel: +91 22 6750 9999

E-mail: "mailto:pradipta.bagchi@tcs.com">pradipta.bagchi@tcs.com

USA/Canada:

Phone: +1 646-313-4594

E-mail: "mailto:m.mccabe@tcs.com">m.mccabe@tcs.com

Europe:

Ross Roy

Phone: +44 7793189477

E-mail: "mailto:ross.roy@tcs.com">ross.roy@tcs.com

Latin America:

Tel: +56 (2) 2511604

E-mail: "mailto:daniela.bertoglia@tcs.cl">daniela.bertoglia@tcs.cl

For IOM:

Asia:

Christopher Lom

IOM Bangkok

Tel: +668 1927 5215

E-mail: "mailto:clom@iom.int">clom@iom.int

Europe:

Jean Philippe Chauzy

IOM Geneva

Tel: +41 22 717 9361

E-mail: "mailto:pchauzy@iom.int">pchauzy@iom.int

Jemini Pandya

IOM Geneva

Tel :+ 41 22 717 9486

E-mail: "mailto:jpandya@iom.int">jpandya@iom.int