success story

Kotak Securities increases trading volumes

TCS BaNCS enables Kotak Securities to process 4M trade executions per day

Kotak Securities Limited
Capital Markets
TCS BaNCS for Securities Processing


Kotak Securities was unable to manage trade volumes with its legacy back-office system

Kotak Securities was using a single membership to run both retail and institutional banking operations. The institutional banking division wanted to modernize their back-office systems to better serve a new generation of customers and meet increasing trade execution demands. This involved multiple internal stakeholders and vendor applications, making scalability a challenge.

Kotak Securities needed to consolidate all of these functions to successfully boost efficiency, customize workflows, and meet their ambitious 4-month timeframe.


TCS BaNCS enables an integrated, high-performance system for processing securities at scale

 and address critical issues of manual and delayed end of day processing due to duplication of work caused by the multiple systems. TCS BaNCS’ functional and subject matter experts recommended possible improvements and best practices. In-line with these insights, the platform was integrated with Kotak’s front office, leading to a complete straight-through-processing (STP) of trade workflow and quicker processing times. 

The solution proved highly scalable, covering a variety of trade functions, and could easily manage high volumes and the increasing complexities around financial instruments. The need for manual, Excel-based processing was completely eliminated and TCS BaNCS was also able to support multiple asset classes, driving streamlined vendor management. Key features of the solution delivered include:

  • Single platform to manage end-to-end trade lifecycle
  • Scalable platform to handle upto 4 million trade executions per day
  • Integration with global and local systems
  • Eliminate manual touch points in client conformations
  • Real-time flow via Omega Central Trade Manager
  • Report-building with customization and auto-emailing

"Even after going live, TCS BaNCS has been very proactive and always responded to our queries". Trivikram Kamath, COO, Institutional Equities, Kotak Securities


Kotak Securities successfully met transformation deadlines, with exceptional performance improvements

TCS BaNCS tested and deployed the solution with a strict focus on timelines and budgetary specificities. TCS BaNCS for Securities processing was deployed without disturbing Kotak’s intricately linked process ecosystem, enhancing operational efficiency across touch-points and stakeholders.

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