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  TCS NQT Registration Process & Eligibility | 2021 Pass-Outs This article covers the TCS NQT 2021 Registration Process and Eligibility Criteria. The TCS NQT for 2021 Pass-outs has officially been announced and the test will take place on 24, 25 and 26 Oct 2020. TCS NQT Registration Process for 2021 Pass-Outs |  TCS Campus Hiring Here are the important dates for the TCS NQT 2021.   Event  Date Registration Start Date 26th Sep 2020 Registration End Date 17th Oct 2020 National Qualifier Test (NQT) Dates 24, 25 and 26 Oct 2020 Here is the detailed TCS NQT Registration Process. The application process for TCS Campus Hiring comprises of the below mandatory steps: STEP 1:  The first step is to register yourself for the entrance/aptitude test on the National Qualifier Test (NQT) website  Registration link:  https://learning.tcsionhub.in/hub/national-qualifier-test/ Select "Subject Test" option in the NQT registration form which includes " P...

  We are living in a truly new world – a  world where social distancing is driving digital proximity. How enterprises engage their customers has drastically changed from paper-based to telephony to the internet economy through Business 2.0 and now Business 4.0.  Steve Jobs once said, “You’ve got to start with the customer experience and work back toward the technology, not the other way around”. With COVID-19, we find ourselves at an inflection point with regard to customer experience management – where touch-technology and face-to-face (f2f) interactions are neither considered safe nor preferred by a majority. Existing customer engagement channels have come under strain due to the COVID-19 crisis. There has been a visible reduction in the footfall at bank branches and in-person meetings with insurance advisors. As remote interactions will increase, the need to go paperless in communication will see a surge. Existing conversational experiences – f2f, voice-based or bot-ba...

  In today’s pervasive business ecosystem, many enterprises conduct business worldwide through their local subsidiaries and legal entities.  Even the supply chains and delivery channels span across multiple nations. However, with a footprint across the globe, enterprises need to comply with new and emerging country-specific data protection regulations and to existing ones that are becoming more stringent to data compliance.  Enterprises can no longer afford to be complacent or casual about data protection. The complexity of diverse regulations Enterprises operating globally may come under the purview of multiple data protection laws.  Each law has its own binding requirements and nuances that enterprises need to understand and follow. Is it possible for enterprises to comply with all such regulations in a concurrent fashion? Arguably, the question has no easy answer. Building a basic data protection framework On the surface, the terrain may look difficult, but the si...

  The life sciences (LS) industry has recently seen remarkable changes in safety assessment, cost, and clinical effectiveness of new products, supplemented by advancements in technology.  LS organizations always monitor the effectiveness and safety profile risk of a drug from the conception stage to ensure that the benefits always outweigh the associated risks.  Adverse events are reported throughout the drug lifecycle by physicians, patients, caregivers, and other sources. The LS industries collect, process, and evaluate these adverse events on a global scale and then aggregate and analyze the reports to identify potential safety signals and trends.  Safety signals, once detected, are evaluated, and risk management actions are taken if required. This includes changes to drug labeling and communicating with physicians and health authorities. However, of late, traditional data capture mechanisms are being replaced by innovative & intelligent electronic platforms d...

  Insurance is a business of trust - of making promises and keeping them when the time comes. The COVID-19 pandemic is the time for insurers to prove their value to customers, communities, and the economies that support their operations. Tracing the propagation of the COVID-19 virus - from China and South East Asia, through Europe, North America, and rest of the world - all nations are in different stages of battle with the crisis.  This gives insurers an opportunity to evaluate the crisis in each of these countries using different metrics. Using the learnings from those that have moved to the advanced stages, the insurers can identify situations, and prepare a response for others climbing to that stage. As the crisis unravels insurers need to look at plans in the medium term - remaining part of the financial year, once the pandemic subsides - and in the longer term - over the next two years. Impact on the Insurance Value Chain All functions of the insurance value chain have b...

  The global economic downturn brought about by the COVID-19 pandemic has led to the lockdown of industries, revenue contraction, travel constraints, and large-scale unemployment across the globe.   The global growth is projected at -4.9% in 2020 . The cumulative loss to global GDP over 2020 and 2021 from the pandemic crisis   could be around 9 trillion dollars . Insurance companies do plan for epidemics and natural disasters, but this one stumped one and all by its sheer severity and spread.  One of the insurance segments that has been severely impacted is the lenders mortgage insurance (LMI).  LMI is a specialty type of insurance that provides protection to financial institutions against losses arising from borrower default on high loan-to-value residential mortgages. The LMI industry is facing a double blow: reducing mortgage insurance business, and the high number of claims spurred by defaulting borrowers.  In the coming months, the conditions will...

  Exploring the potential of 5G and multi-access edge computing with use cases Since the past few years, enterprises are moving infrastructure to a centralized cloud, enabled by virtualization. This helps reduce time to market for new services and reduce total cost of ownership.  Centralized cloud is apt for today’s use cases where ultra-low latency communication is not the predominant factor. However, in recent years, we are observing the emergence of new technologies such as augmented and virtual reality, autonomous factories, and IoT driven smart factories where data is increasingly being produced at the user end of the network.  This in turn is increasing the demand for real time analytics and personalization at the edge itself.  As public edge moves closer to the sites, it will allow enterprises to gain the benefits of better computing power in close proximity to end-users, without the need to own and operate associated infrastructure.  5G and multi-access ...

  We may be under lockdown physically, but our minds cannot be forced into shutdown. By now, most of us have found our own internal rhythm to cope during this pandemic. Every aspect of our lives has been affected in the last few months of 2020 in unforeseen ways. If there is one thing that makes all of us  subconsciously evolve, it is "learning" – be it in terms of coping with constraints like curfews, figuring out workarounds like video-calls, optimizing scarce resources (for instance when the supply of daily essentials is hit), sharing our good practices through social media, weeding out fake news from real, and watching just enough news to “know, but not panic”. Moreover, from dealing with future plans on #NewBeginning to surviving the daily crisis, we are growing stronger, learning new skills, habits, technologies. Undoubtedly, learning is a key element in our survival kit. Being the architects of change in a turbulent world Learning is the biggest and most effective tool...

  The COVID 19 pandemic and the resulting lockdowns have had a devastating impact on most industries and financial markets.  The IMF has predicted a severe downturn for FY 20, much worse than the 2008 financial crisis. The existing rock-bottom asset valuations, bond yields, and so on, have and would continue to impact the profitability of insurance companies. IFRS 9 (financial instruments) and IFRS 17 (insurance contracts) were issued to create transparency in the financial statements of companies that would adopt them.  Most insurance companies are working towards implementing these accounting standards to become compliant effective January 1, 2023. It would be interesting to ponder over the impact on measurement of various investment and insurance portfolios according to IFRS 9 and IFRS 17, if a similar downturn were to take place post 2023. The IFRS 9 standard will govern the accounting and reporting of insurance investment portfolios, a majority of which will get meas...

Consulting company Accenture is cutting as many as 25,000 jobs worldwide. Accenture Layoffs would impact employees that are in a bottom 5% bucket based on Performance Appraisal.  Accenture India also will Layoff several thousands of employees. Accenture has about 492,000 employees around the world.  CEO Julie Sweet responded to a question about job losses. “As I have said this before, we have identified some real areas of efficiencies, and so that has obviously headcount implications to it, which may be what you’re calling layoffs,” she said. Accenture Layoff was in the news when the company cut 900 jobs in the U.K. resulting from Business slowdown amid the coronavirus pandemic. According to Guardian which obtain a memo, “Accenture went into the crisis with an overcapacity of people relative to demand; The crisis has caused additional strain on the business due to lower demand and reduced national attrition.” The  Australian Financial Review sources  report...

  The global payments landscape has been navigating through difficult times and the challenges have been compounded by drastic uncertainties unleashed by the COVID-19 pandemic.  With increased focus on digital payment platforms, financial services firms must plan their responses carefully and effectively manage the outcomes in the post-pandemic era to be able to deliver seamless services in the payments space. Clearly, as the new world order emerges, the swiftest response would be to further digitalize monetary transactions, which means deeper adoption of digital technologies in the payments space, underpinned by continuous intelligence. Aiming for Fully-Realized Digital Payments From the consumer perspective, financial transactions have seen an upward swing with significant growth of domestic and cross-border e-commerce.  With the spend traffic shifting more toward remote and digital payments, the increased adoption of digital payments paves the way for further innovatio...