Launched in 2003, the Financial Services practice is the most recent among TASC's four industry practices, and has become one of TASC's leading growth sectors.

Because of the expected considerable growth potential of this sector, TASC has endeavored to acquire in a very short period of time the needed foundation of skill and knowledge necessary to provide consulting services in this field and has created a new and strong client base.

These growth expectations are based on substantial trends that are leading to rapid changes in this sector and to a need to re-align existing business models and strategies among key players in the industry.

These trends include: reforms implemented in the insurance sector; privatization and consolidation among banks, and the overall growing convergence between the insurance and banking sectors, especially in the personal financial services (PFS) arena.