In the recent years, several factors have contributed to the strain on Private Banking operations: higher profit expectations of stakeholders, continuing emergence of structured products that package risks in innovative but complex ways, compliance regulations and privacy concerns, the need to provide global service to local customers, the opportunities and challenges created by SEPA / MiFID, and the emerging focus on total customer value management. TCS BaNCS Private Banking meets all these challenges, and is trusted by a number of banks today. Developed by the industry specialists at TCS Financial Solutions and supported by continuous research and development, TCS BaNCS has been tempered by years of experience at leading private banks.