WEBVTT d737dce0-46d3-4917-a9b0-644cbd8ed4bd-0 00:00:07.590 --> 00:00:10.750 TCS has been our strategic partner for probably 2 decades now, d737dce0-46d3-4917-a9b0-644cbd8ed4bd-1 00:00:10.750 --> 00:00:13.510 and they're a very, very important part of our fabric. e78ffb83-f38c-4b60-aae8-4e5d41e51423-0 00:00:13.750 --> 00:00:16.190 And so we really respect and value the partnership. 16364095-5cab-4b42-99ba-135a070132f6-0 00:00:16.550 --> 00:00:19.823 Most recently, they've been amazing and helped us get 16364095-5cab-4b42-99ba-135a070132f6-1 00:00:19.823 --> 00:00:24.430 out of a very difficult situation as it related to customer communications. aae0b721-825a-41eb-991c-38c05d42f5b5-0 00:00:25.560 --> 00:00:28.920 So customer experience and engagement is really, really important for nationwide. 36117ff8-d041-4875-b477-1a936976b04b-0 00:00:29.120 --> 00:00:30.120 What do I mean by that? 7156bd4d-9dba-48f7-a2be-e26c0da15aec-0 00:00:30.120 --> 00:00:32.614 It's really important for us to actually tell our customers, hey, 7156bd4d-9dba-48f7-a2be-e26c0da15aec-1 00:00:32.614 --> 00:00:33.560 we understand your needs. 2abf8d40-eb97-444c-b1fd-3592975ccf82-0 00:00:33.560 --> 00:00:38.280 Using a whole raft of marketing platforms, push notifications, statements. eb4d018c-f03f-4ca1-b102-ade9969afd13-0 00:00:38.320 --> 00:00:42.287 TCS is a strategic partner that plays a crucial role in looking after customer eb4d018c-f03f-4ca1-b102-ade9969afd13-1 00:00:42.287 --> 00:00:42.840 engagement. 931e2580-d58b-455d-9769-4eefba06e99f-0 00:00:43.320 --> 00:00:45.240 So a couple of years back, we had a challenge. d525ae22-1fe2-4602-b574-accba74e5b3e-0 00:00:45.440 --> 00:00:49.981 The statement production engine was almost coming to a grinding halt for us, d525ae22-1fe2-4602-b574-accba74e5b3e-1 00:00:49.981 --> 00:00:53.520 so customer experience platform didn't exist as a function. 777ef36d-f82b-443d-b666-ea8c3166ebce-0 00:00:53.520 --> 00:00:56.366 So TCS helped us to set this up quite rapidly, 777ef36d-f82b-443d-b666-ea8c3166ebce-1 00:00:56.366 --> 00:00:59.880 bring in the right set of resources, skills to the party. 529306b5-4e57-476f-95e4-56f84ef26163-0 00:01:00.640 --> 00:01:04.916 TCS had a lot of capabilities in making sure that they understand how statement 529306b5-4e57-476f-95e4-56f84ef26163-1 00:01:04.916 --> 00:01:07.803 production, for example worked and in about a span of 529306b5-4e57-476f-95e4-56f84ef26163-2 00:01:07.803 --> 00:01:12.080 six months they very quickly use their skills to actually rescue the situation. 9ed03929-541d-463d-a046-c6b501108e37-0 00:01:12.320 --> 00:01:15.040 Speed of execution was important in this case. f68b745a-f6ae-489d-8a2b-d9b1b4645f7e-0 00:01:15.320 --> 00:01:18.157 To give an example, we migrated the customer communication f68b745a-f6ae-489d-8a2b-d9b1b4645f7e-1 00:01:18.157 --> 00:01:19.840 platform from a third party vendor. 9d5791ad-e73f-4c1e-83b3-488a303c82bb-0 00:01:19.960 --> 00:01:25.023 We were able to land the new platform do about 38 million prints annually to 50 9d5791ad-e73f-4c1e-83b3-488a303c82bb-1 00:01:25.023 --> 00:01:29.707 million SMSS and TCS were quite instrumental in in getting this done in a 9d5791ad-e73f-4c1e-83b3-488a303c82bb-2 00:01:29.707 --> 00:01:31.480 span of three to six months. 7a69108b-24a0-409c-a9b9-2309a3ee4624-0 00:01:32.840 --> 00:01:36.642 So especially when we are designing this particular system along with nationwide, 7a69108b-24a0-409c-a9b9-2309a3ee4624-1 00:01:36.642 --> 00:01:39.054 you know, we not only thought that what features we 7a69108b-24a0-409c-a9b9-2309a3ee4624-2 00:01:39.054 --> 00:01:42.022 are going to roll out, but how resilient this particular system 7a69108b-24a0-409c-a9b9-2309a3ee4624-3 00:01:42.022 --> 00:01:42.440 would be. 28b28843-0031-46cc-b130-34498c61ce6a-0 00:01:42.720 --> 00:01:46.135 We brought our contextual knowledge, TCS contextual knowledge, 28b28843-0031-46cc-b130-34498c61ce6a-1 00:01:46.135 --> 00:01:50.256 we brought our sense of excellences together along with nationwide business 28b28843-0031-46cc-b130-34498c61ce6a-2 00:01:50.256 --> 00:01:51.720 understanding and outcomes. 94d32bd6-ea6d-4ed5-b77a-de363ba3ae20-0 00:01:51.880 --> 00:01:56.772 So the system which is designed was not only able to tick the boxes for customers 94d32bd6-ea6d-4ed5-b77a-de363ba3ae20-1 00:01:56.772 --> 00:01:59.457 need, but also make sure that we are able to 94d32bd6-ea6d-4ed5-b77a-de363ba3ae20-2 00:01:59.457 --> 00:02:02.680 make this resilient feature proved and built to last. 73044d68-1ad0-4ffd-8d23-4b0bc07f9e7d-0 00:02:05.800 --> 00:02:09.764 So we're very excited about what we can do as a mutual across society, 73044d68-1ad0-4ffd-8d23-4b0bc07f9e7d-1 00:02:09.764 --> 00:02:13.226 starting with retail, which is our heritage and now extending 73044d68-1ad0-4ffd-8d23-4b0bc07f9e7d-2 00:02:13.226 --> 00:02:16.353 into SME customers nationwide as a mutual only service, 73044d68-1ad0-4ffd-8d23-4b0bc07f9e7d-3 00:02:16.353 --> 00:02:19.480 retail customers until the acquisition of Virgin Money. 2feada0c-dba9-4ebe-b0e3-14fc9f480b47-0 00:02:19.960 --> 00:02:25.400 And now Virgin stand alone does about 4% market share on SME customers. c6a582e4-ff30-47d5-8011-e55869893604-0 00:02:25.840 --> 00:02:28.582 And we're very, very excited about how far we could take c6a582e4-ff30-47d5-8011-e55869893604-1 00:02:28.582 --> 00:02:29.400 that proposition. 1ef22fd7-5173-418e-a472-2604a0d746ab-0 00:02:29.760 --> 00:02:33.159 TCS is completely committed to Nationwide's growth agenda, 1ef22fd7-5173-418e-a472-2604a0d746ab-1 00:02:33.159 --> 00:02:36.040 integration with Virgin Money and transformation. a8787ae2-7f56-40fd-8724-76c7ca2eaa2f-0 00:02:36.320 --> 00:02:40.929 We are really proud to be a partner to Nationwide because it's not just the a8787ae2-7f56-40fd-8724-76c7ca2eaa2f-1 00:02:40.929 --> 00:02:43.720 digital, the innovation, the technology work. 1336d741-b45e-4656-acd9-118f3f6758a8-0 00:02:43.960 --> 00:02:46.880 We have a very good alignment in our business ethos. d486d3f4-0898-422c-ab6f-ed0226cb21b2-0 00:02:47.360 --> 00:02:50.080 They being a mutual, we being a Tata Group company. 8440835d-2dc0-4c6d-9713-099658ca4912-0 00:02:50.280 --> 00:02:52.320 So it's a very, very proud partnership for us.