The financial services industry serves a global market place with complex financial instruments, massive transaction volumes, at a low cost and with impeccable service levels. To remain competitive, every firm in capital markets, banking and insurance has to meet the market challenge of providing user-friendly, efficient solutions, at high volumes and across multiple channels, all in compliance with strict regulations, and against relentless competition for customer loyalty.
TCS BaNCS consists of a comprehensive portfolio of solutions for banks, capital markets firms, insurance companies, and diversified financial institutions. Each solution in the TCS BaNCS family has been designed to run as a scalable and robust service, fully integrated with existing business models, enterprise infrastructures and technology architectures.
Each solution has been tried, tested and implemented at leading firms in banking, insurance, and the capital markets. TCS Financial Solutions employs experts with the domain-level knowledge and technical expertise to ensure the right fit with your organization’s geographical, customer and market footprint. Moreover, with world class implementation and support expertise, the success of your implementation is guaranteed.
TCS BaNCS solutions provide the financial services enterprise with greater operational control, reliable technology support, continuous process improvements and enhanced speed-to-market. TCS BaNCS helps an enterprise perform complex transactions quickly, accurately, and easily, thereby increasing agility to respond effectively in a dynamic and competitive market.
Recent accolades and recognition for TCS BaNCS:
- TCS BaNCS placed in the Leaders Quadrant in Leading Industry Analyst Firm’s International Retail Core Banking 2008 Report
- TCS BαNCS recognized as #2 Universal Banking Solution in the 2007 IBS Sales League Table
- TCS BaNCS Core Banking ranked China’s No. 1 Core Banking Solution in 2007 by Independent Research Firm
- TCS BaNCS Financial Solutions’ Payments Product wins Technology Award
- TCS BaNCS gains B.I.S.S. Corporate Actions Accreditation for the fifth year in a row
- TCS BaNCS System achieves world’s first Corporate Finance B.I.S.S. Accreditation
- Tata Consultancy Services ranked 10th Leading Global Provider of Financial Technology
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TCS BaNCS wins B.I.S.S. “System of the Year” Award by setting new industry standards for Straight Through Processing
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.