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 Payments accredited with SWIFT Ready label 2009
- TCS Financial Solutions named a Leader in Global Banking Platforms by Independent Research Firm (Source: Forrester, January 2009)
- TCS BaNCS awarded ‘System of the Year Award’ 2008 by BISS Research
- TCS BaNCS placed in the Leaders Quadrant in Leading Industry Analyst Firm’s International Retail Core Banking 2008 Report
- TCS BaNCS ranked among the top 10 solutions in Global FINTECH in 2007-08
- TCS BaNCS Core Banking ranked China’s No. 1 Core Banking Solution in 2007 by Independent Research Firm
- TCS BaNCS Corporate Actions accredited with SWIFT Ready label for the fourth consecutive year (2009)
- TCS BaNCS Securities Settlement was accredited with SWIFT Ready label for the seventh consecutive year (2009)
- TCS BaNCS received BISS Corporate Actions accreditation for the sixth consecutive year (2008)
- TCS BaNCS accredited for Corporate Finance by BISS Research in 2008
- TCS BaNCS Payments won The Banker Technology Award for Cash Management and Treasury in 2007
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.