The Lending and Borrowing solution from TCS BaNCS is a technologically robust solution that enables financial institutions to automate the complex processes involved with securities lending and the associated collateral. The efficient system acts as a stand-alone application for the securities lending and borrowing desk at investment managers, custodians and third-party agents. It also provides an easy-to-use, flexible interface to various external systems.
The system offers end-to-end lifecycle management of securities lending transactions, enabling true STP for all types of loans with comprehensive exception handling. The application automates the complete securities lending operation from front- to back-office, with a “future-proof” modular design that provides extensive configuration options capable of meeting the specific business requirements of financial institutions.
Our modules include the following:
- Position management
- Loan management, Collateral management
- Mark management
- Cash reinvestment and reconciliation
- Risk management
- Billing and accruals
- Claims
- Workflow management
- Alerts
- Reports
- Exception handling
We offer an open system architecture, extensive customization and high scalability, allowing customers to achieve higher STP rates, improve client service, lower operational costs, increase efficiency and enhance financial returns.