List of Quartz Customers
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Since 2010, our global team of researchers has been studying Quartz customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Quartz for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Quartz for Blockchain Platform include: Bank Hapoalim, a Israel based Banking and Financial Services organisation with 8480 employees and revenues of $6.63 billion, Kuwait Clearing Company Kuwait, a Kuwait based Banking and Financial Services organisation with 150 employees and revenues of $20.0 million, Central Securities Clearing System Nigeria, a Nigeria based Banking and Financial Services organisation with 150 employees and revenues of $18.0 million, Maroclear Morocco, a Morocco based Banking and Financial Services organisation with 60 employees and revenues of $12.0 million and many others.
Contact us if you need a completed and verified list of companies using Quartz, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Quartz customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Bank Hapoalim | Banking and Financial Services | 8480 | $6.6B | Israel | Tata Consultancy Services | Quartz | Blockchain Platform | 2020 | n/a |
In 2020, Bank Hapoalim joined a blockchain based platform released by Tata Consultancy Services built on the Quartz blockchain. Bank Hapoalim is using Quartz as its Blockchain Platform to manage the lifecycle of bank guarantees for corporate and retail clients.
Deployment includes provisioning a dedicated node for issuers to transmit digital guarantees, creating an immutable transaction record that supports lifecycle workflows. Functional capabilities implemented focus on bank guarantee lifecycle management, covering issuance, modification, termination and invocation, with application workflows aligned to issuance and invocation processes used by corporate and commercial banking teams.
The implementation targets Israel’s digital banking industry and TCS has indicated the Digital Bank Guarantee solution will be expanded to additional use cases beyond bank guarantees. Bank Hapoalim leadership has stated Digital Bank Guarantee will allow the bank to expand its client base to corporations, small and medium sized enterprises as well as individuals, signaling operational coverage across corporate banking and SME channels.
Governance and operational changes center on node operations, immutable recordkeeping and updated workflows for guarantee issuance and invocation, requiring coordination among treasury, corporate banking and risk functions. The Quartz Blockchain Platform implementation therefore links Bank Hapoalim, the Quartz application, and the business function of bank guarantees lifecycle management.
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Central Securities Clearing System Nigeria | Banking and Financial Services | 150 | $18M | Nigeria | Tata Consultancy Services | Quartz | Blockchain Platform | 2018 | n/a |
In 2018 Central Securities Clearing System Nigeria completed an October pilot using Quartz, the TCS Quartz Blockchain solution, with Standard Bank to enable cross border corporate action data exchange. Quartz was deployed as a Blockchain Platform provided by Tata Consultancy Services and the engagement targeted post trade and corporate actions messaging between Nigerian and South African market participants.
The pilot architecture integrated TCS BaNCS nodes in a coexistent topology with Quartz, configuring BaNCS node capabilities to exchange corporate action information across the BaNCS Network. Functional capability exercised included corporate action data exchange, event propagation and information sharing workflows implemented via the Quartz Blockchain Platform. The implementation focused on secure, auditable corporate action messaging as part of post trade processes.
Operational scope covered Nigeria and South Africa and impacted post trade operations and corporate actions teams, demonstrating cross border real time information sharing between market infrastructure participants. Governance and rollout remained at pilot level in October 2018, with architecture centered on coexistence and message orchestration between TCS BaNCS nodes and the Quartz environment for corporate action data exchange.
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Kuwait Clearing Company Kuwait | Banking and Financial Services | 150 | $20M | Kuwait | Tata Consultancy Services | Quartz | Blockchain Platform | 2019 | n/a |
In 2019, Kuwait Clearing Company implemented Quartz, a Blockchain Platform, as a named participant in cross-border securities settlement tests connecting Kuwait and Morocco. The engagement was delivered by Tata Consultancy Services and used Quartz Blockchain Platform alongside TCS BaNCS Market Infrastructure for integrated post-trade processing.
The implementation used a permissioned ledger configuration to support post-trade settlement and liquidity management workflows. Quartz was configured to enable instantaneous delivery versus payment settlement via cash coins, with inferred module usage linking BaNCS integration for market infrastructure connectivity and settlement instruction orchestration.
Integrations centered on TCS BaNCS Market Infrastructure interfacing with Quartz for real-time settlement messaging and account level cash coin settlement. Operational scope covered central depository to central depository transactions between Kuwait and Morocco, extending across post-trade operations and market infrastructure functions.
Governance relied on permissioned participant controls and ledger level settlement finality to coordinate cash coin transfers and securities DVP flows, and workflow orchestration aligned market infrastructure processes with the blockchain settlement layer. The documented outcome included instantaneous DVP settlement via cash coins during the 2019 tests.
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Banking and Financial Services | 60 | $12M | Morocco | Tata Consultancy Services | Quartz | Blockchain Platform | 2019 | n/a |
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