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Consolidating the custody business to process 150,000 corporate events annually for BNP Paribas Securities. That’s certainty!
BNP Paribas Securities Services (BNP Paribas) is the leading European provider of securities services for fund managers, financial institutions and businesses. To keep pace with the ever-changing sector, BNP Paribas required real-time information on corporate actions. It needed a solution that would facilitate the management of all kinds of corporate events and, moreover, automate reporting of the same. Tata Consultancy Services (TCS) implemented the Corporate Actions Solution from TCS BaNCS, an integrated product suite for financial services, to consolidate the global and local custody operations onto a single IT platform. As one of the world’s fastest growing technology and business solutions providers, TCS enabled a high degree of standardization to upgrade business processes to support higher volumes, and facilitate the processing of 150,000 corporate action events in a year. Pushing STP further with accurate client reporting and to scale up the business. And of course, enabling BNP Paribas to experience certainty.
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From aligning your IT with your business needs to an end-to-end strategy for transforming your enterprise, TCS has the world-class experience and expertise that you need. Contact a Consultant today or email TCS at tcs.bancs@tcs.com
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