TCS BaNCS Compliance is a suite of robust compliance regulations, comprising risk management and financial crime detection solutions. It implements an intelligent, enterprise-wide, risk-based approach to detect and report suspicious financial activities.
Our solution suite accomplishes the following:
- Addresses the high-profile problem of money laundering
- Prevents unlawful activities such as terrorist financing and drug trafficking
- Safeguards the good repute of financial institutions and retains customer loyalty
- Permits easy integration with related solutions across multiple platforms
Characteristics of the TCS BaNCS Compliance suite:
- Is a functionally advanced, technically superior, incorporating neural networks-based learning engine
- Is deployable integrated or piecemeal of the total compliance solution, in an open-ended architecture
The solution suite operates at the customer, transaction and institution level. It utilizes watch lists, risk-based profiling, suspicious activity detection and pattern recognition technology to achieve compliance with all relevant regulations. Furthermore, this solution has been developed to incorporate increasingly effective methods of risk identification and risk management and is in conformity with compliance regulations and standards.
We also equip you with the foundation to accomplish risk mitigation without compromising on Straight-Through-Processing (STP).
To know how TCS BaNCS can help you eliminate risks and develop a competitive advantage, email us at tcs.bancs@tcs.com.