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Nedbank Investor Services (NIS), South Africa’s leading wholesale custodian leveraged TCS BaNCS to migrate from legacy to modernized IT infrastructure. The platform enabled:

  • Seamless, on-time migration of existing securities and custodial applications

  • Web-based front-end with extensible workflow capabilities

  • High levels of STP, compliance with South Africa’s ‘T+3’ mandate and reduced risk

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