Creating a centralized payments processing platform to enhance productivity by 40% for Société Générale. That’s certainty!
Société Générale is a leading provider of payment and cash management services to large corporate houses in over 50 countries. To strategically stay ahead of its competitors, Société Générale needed to adapt to the regulations and changing landscape of European payments. A unified payments processing platform created by consolidating and centralizing the back-office processing of payments as well as cash management products and services was the need of the hour. Tata Consultancy Services (TCS) implemented TCS BaNCS, an integrated product suite for financial services, to develop a centralized platform for unified payments. As one of the world’s fastest growing technology and business solutions providers, TCS enabled a Pan-European payments platform for Société Générale with multi-country, multi-currency and multi-product capabilities. Leading to a 25% increase in STP rates and enhancing productivity by 40%. And of course, enabling Société Générale 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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