Globalization, raising income levels of people in the emerging markets and increasingly tech-savvy Gen-Y demography means, banks have unprecedented access to a diverse customer base, but that access has come along with fast-changing regulatory mandates and new competition. Although the advent of Web and mobile technologies has made it possible to reach customers in new ways, these touch points have also enticed formidable competitors into the banking market. In response, banks require solutions capable of increasing operational efficiency, reducing operational costs, and effectively managing risks.

TCS Financial Solutions offers depth and breadth of experience in helping organizations of all sizes to meet these emerging challenges with powerful and flexible banking solutions. TCS BaNCS Banking, with solutions in core banking, payments and regulatory compliance, already meets the needs of a diverse range of organizations including profitable micro-lending organizations, eurozone powerhouses, and the operators of two of the largest branch networks in the world.

Each component of TCS BaNCS Banking offers high levels of operational control and increased speed-to-market flexibility for commercial banks. Built using advanced service-oriented architecture (SOA) technologies, the solutions are robust, STP-enabled, flexible and highly scalable. TCS BaNCS gives banks the competitive edge required to anticipate and meet their customers’ needs and expectations.

TCS Financial Solutions is a strategic business unit of Tata Consultancy Services (TCS), the world leader in software development and deployment. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model™, which draws upon over 111,000 of the world's best trained IT consultants in 50 countries to achieve certainty in implementation.