Business Process Services

Reconciliation Services

TCS’ end-to-end Reconciliation Services help financial institutions, improve reconciliation efficiency through automation, platform consolidation, and standardization of business processes.

Increased regulatory scrutiny, continued use of legacy systems, and disparate tools and platforms are some of the key impacting the reconciliation efficiency. Simplifying business processes can help banks and financial institutions enhance reconciliation efficiency and optimize costs.

The TCS Advantage

ValueBPS: Our ValueBPS approach helps enterprises achieve significant and sustained business outcomes by leveraging our deep domain expertise and operations redesign methodologies such as FORE™. Our approach also encompasses robotic process automation (RPA), analytics and insights, our unique IT-BPS synergy, Business Process as a Service (BPaaS) models, and business process management (BPM).

Industry Domain Expertise: We offer strong domain expertise in reconciliation operations, platforms, and tools, across banking and insurance services.
 
Delivery Excellence: We process over five million reconciliation transactions every day, helping banks reduce turnaround time, improve auto match rates, and streamline operations.

Solutions We Offer

  • External Reconciliations
    • Nostro and Cash (Cross Product)
    • Depot/Custody (Stock) Positions and Transactions
  • Cross Product
  • Inter System Reconciliations
    • Front Office/Back Office
    • Sub-Ledger/General Ledger 
    • Segregation Reconciliation
    • Intercompany Reconciliation (Omnibus Reconciliation)
  • Fund Services
    • Fund Accounting
    • Portfolio Accounting
  • Custody Services
    • Depot/Agency
    • Transfer Agent
    • Nostro Reconciliations
    • Trade Reconciliations
  • Wealth Management 
    • Dividends
    • Mutual Funds
  • Commercial Banking 
    • Fund Receipt
    • Charges, Disputes and Rejects Processing
  • Consumer Banking 
    • Cards Services 
    • Lending Products such as Mortgages and Loans
    • ATM Services
    • Third-Party Reconciliation

Benefits

  • Over 30% reduction in operational costs through process simplification
  • Up to 20% reduction in time to market

Reach Us.

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