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CUSTOMER TESTIMONIAL

SCB rolls out custody operations with TCS

Peter Okane, Product Development Head, Transaction Banking, Standard Chartered Bank (SCB), talks about long term partnership with TCS BaNCS and roll out of custody operation in 40 plus markets on a single custody platform from TCS BaNCS.

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CLIENT
Standard Chartered Bank
INDUSTRY
Capital Markets
SERVICES
Custody

Experience Results

Standard Chartered Bank embarked on the transformation project with initial plans to roll out in 17 markets. Within a year SCB went through a major acquisition in Africa, scaling up to 40 markets. Peter highlights TCS BaNCS’ efforts in handling the challenges with a different approach in the same given roll out time.

Experience Partnership

Peter believes that it’s important to choose the right partner and TCS BaNCS was an obvious choice, for their capabilities within the system and their commitment to Standard Chartered Bank to ensure successful deliveries.

Experience Leadership

Peter says, “The commitment that was shown from TCS BaNCS to address the challenges, to address the changes that we need to make in the core system to take on the custody business, is where I saw the leadership.”