Tata Consultancy Services (TCS), a leading global IT services company, announced today that it has started a major Business Performance Management engagement for Temasek Holdings, one of Asia’s largest investment companies.

In this engagement, which is valued at approx SGD 5 million, TCS is acting as an end-to-end Systems Integrator providing services around the Hyperion product suite to provide a solution aimed at addressing Temasek Holding’s need for a Web-based Information Management solution and an Enterprise-wide Central Data warehouse, which will form the back bone of its Management Decision Support System.

The solution broadly comprises of five sub-systems:

Data acquisition and integration

Data storage

Financial consolidation

Strategic financial modeling

Reporting

This solution will help provide Temasek with an integrated view of various investments and portfolios that Temasek Holdings holds across various business units and business.

“As an active and responsible investor, Temasek maintains the highest standards of governance. With operations in multiple markets and sectors, we need our information systems to be able to support and manage our operations,” said Alan Thompson, Managing Director, Value Management, Temasek Holdings. “TCS has been instrumental in helping us leverage proven software tools for business support and risk management. It is part of ongoing efforts at continuous improvement at Temasek.”

“The solution we are implementing for Temasek Holdings automates the consolidation of information across the many departments and systems they have and provides them with an integrated multi-dimensional view of their business,” said Girija Pande, Executive Vice President and Head for TCS Asia Pacific.