2 days ago
TCS and DGCX Partner to Modernize Derivatives Market Infrastructure
Tata Consultancy Services, or TCS, is helping the Dubai Gold & Commodities Exchange upgrade its technology.
The technology will connect trading, clearing, and market monitoring in one modern system.
Clearing helps make sure trades are completed properly.
Monitoring helps identify unusual or risky trading activity.
The system will support products linked to energy, currencies, stocks, gold, and other precious metals.
It will also give DGCX a foundation for possible future products involving crypto and tokenized assets.
DGCX said the upgrade follows strong trading volumes in 2025 and the launch of a Gold Spot T+0 Contract.
The partnership is intended to help the exchange grow while giving members stronger tools to manage risk.
Tata Consultancy Services and the Dubai Gold & Commodities Exchange agreed to modernize DGCX’s trading, clearing, and surveillance infrastructure.
The new platform will support derivatives involving energy commodities, currencies, equities, bullion, and precious metals.
It is designed to help DGCX introduce products more efficiently and expand into crypto and tokenized assets.
TCS will integrate TCS BaNCS for Market Infrastructure, Quartz for Surveillance, TCS BaNCS Securities Trading, and TCS’ Quartz Gateway.
DGCX Chairman and CEO Ahmed Bin Sulayem said the partnership will support the exchange’s next stage of growth and risk-management needs.
- Who
- Tata Consultancy Services and the Dubai Gold & Commodities Exchange, whose chairman and CEO is Ahmed Bin Sulayem.
- What
- They partnered on a next-generation integrated trading, clearing, and surveillance platform for derivatives markets.
- Where
- The partnership concerns the Dubai Gold & Commodities Exchange in Dubai.
- When
- The partnership was reported on September 15, 2026; the article does not specify the implementation date.
- Why
- To modernize and strengthen DGCX’s infrastructure, support existing products, and enable faster expansion into emerging asset classes.
Key facts
- Companies
- Tata Consultancy Services and the Dubai Gold & Commodities Exchange
- Platform scope
- Integrated trading, clearing, and surveillance
- Supported markets
- Energy commodities, currencies, equities, bullion, and precious metals
- Potential new asset classes
- Crypto and tokenized assets
- TCS solutions
- TCS BaNCS for Market Infrastructure, Quartz for Surveillance, TCS BaNCS Securities Trading, and TCS’ Quartz Gateway
- Recent DGCX developments
- Strong trading volumes in 2025 and the launch of a Gold Spot T+0 Contract
- Publication date
- September 15, 2026
Quotes
Ahmed Bin Sulayem
Chairman and Chief Executive Officer of the Dubai Gold & Commodities Exchange
“Building on DGCX’s recent momentum, including strong trading volumes in 2025 and the launch of innovative products such as our Gold Spot T+0 Contract, we are advancing our infrastructure to ensure our members benefit from the risk management tools they need to trade with confidence. Our partnership with TCS will build the technology foundation for the next stage of our growth.”
thehindubusinessline.com
R. Vivekanand
President of BFSI Products and Platforms at Tata Consultancy Services
“Financial market infrastructures are at a pivotal moment as they balance rapid innovation with the need for resilience, security, and operational robustness. Through the combined power of TCS BaNCS, Quartz, and partner solutions, we are helping DGCX build a modern, scalable platform to accelerate growth and expand into next-generation asset classes.”
thehindubusinessline.com
Sources
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