The increasing complexity of clearing and settlement infrastructure in capital markets places heavy demands on depository and clearing institutions. Changing regulations, faster settlement times, higher volumes and greater transparency requirements are among the factors challenging market infrastructure providers to respond, even while constrained by staffing, budget and resource limitations.
TCS BaNCS Market Infrastructure reduces the pressures on the back-office for the organizations serving as the backbone for the capital markets. Fully compliant with international standards from the G30 and the Bank of International Settlements, TCS BaNCS Market Infrastructure provides depository and clearing institutions with comprehensive functional coverage across asset classes – Equity, Fixed Income, Commodities and Derivatives – with multientity, multilingual support. The fully-customizable, component-based solution offers complete functional coverage across technology platforms and delivery channels.
By using a single solution for depository, clearing, risk management, and registrar services, market infrastructure providers can also reduce operational costs. In addition, real-time connectivity with third-party systems frees up capital through immediate funds settlement with central bank RTGS systems and payments clearing houses.
TCS BaNCS Market Infrastructure uses a component-based, layered architecture with easy maintainability, unlimited scalability and high performance, and with low TCO and rapid speed-to-market. The solution complies with global standards such as ISIN, ISO 15022 and G30, ensuring continuous adherence to risk management best practices.
Furthermore, TCS Financial Solutions' unmatched IT deployment expertise and proven track record enables customization to support your unique processes and the exacting requirements of central depositories, clearing organizations, registrars, and central banks.
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