Tata Consultancy Services has been selected by The Multi Commodity Exchange India Ltd. as the technology solution provider for its growth and transformation journey. As part of Project Udaan, TCS will help MCX build a new technology core, transforming its trading as well as post-trade functions, to support its future growth and further strengthen its leadership position in the commodity derivatives market in India. TCS will design and deploy a cutting-edge, ultra-low latency, high availability, high resilience and high- performance solution that integrates multiple systems to transform MCX's operations end to end. To enable high throughput trading, the solution uses the Deutsche Börse T7® trading platform from the Deutsche Börse Group. TCS is a strategic business and IT transformation partner to the Deutsche Börse Group, and has helped develop this platform, and is also implementing it in select engagements. Post-trade activities such as clearing, risk management, delivery and settlement will be transformed using TCS BaNCS for Market InfrastructureTM with its unique High Performance Transaction Manager (HpTM) deployed as microservices. Its unified clearing approach along with integrated real-time risk management and position monitoring, as well as its collateral and delivery management and settlement capabilities, will help MCX in meeting its current and future business needs. Further, TCS BaNCS' APIs and support for global messaging standards will enable easy integration with various participants, sub-systems and ecosystems. Compliant with global regulatory standards, TCS BaNCS will help MCX meet current and future regulatory standards including emerging regulations around client level collateralization. Additionally, TCS will implement TCS BaNCS for Securities TradingTM for MCX's trading members, providing them a modern, fast, intuitive user interface and real time market data feed for trading and post trade activities. TCS BaNCS for Market Infrastructure is a world leading solution for CSDs, central counterparty clearing houses, exchanges and central banks, adopted by market infrastructure institutions in over 25 countries for their mission-critical business needs. Its components support trade and post-trade functions, including matching, settlement, risk and collateral management, surveillance, unified clearing, issuance, depository, and registry functions around a common reference data layer. With its unique ability to support multiple markets, currencies, and asset classes on the same platform, and its support for a wide range of messaging standards that enable real-time interfaces with market participants and external ecosystems, it has been a key catalyst in driving transformation in many markets worldwide.