With the deployment of TCS BaNCS for Securities Processing, Kotak Securities is now able to cater to four segments to their clients, namely, equities, derivatives, currencies and interest rate futures, against 2 earlier. Trivikram believes that the product is highly scalable and efficient.
Trivikram said “our interaction with TCS during the implementation period has been excellent. Their feedback, turnaround times, and handholding during the implementation period has been very good. All in all, it has been a good decision to go ahead with TCS BaNCS”.
Being a product used by different brokers in the country, the TCS BaNCS product also caters to all the regulatory requirements, and any change in regulation is taken care of as part of the product.