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    • TCS BaNCS™
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    TCS BaNCS Customer Newsletter #32

    Share TCS BaNCS Customer Newsletter – Edition 32
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    Products & Platforms

    Banking This will open an overlay

    Banking Services Transformation: Unlocking Exponential Value

    TCS’ solutions help banks and FIs push traditional boundaries and build cognitive banking enterprises for better value, resilience, and inclusivity. Learn more.
    Learn More
     about Banking Services Transformation: Unlocking Exponential Value
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    Transforming Payments with Cloud-based, Microservices Architecture
    Learn how TCS BaNCS Enterprise Payments Hub is driving hypergrowth in payments, enabling banks with scalability, reliable connectivity, and expanded flexibility.
    Article
    11 Nov 2024
    Getting the Best Out of RPA Investments
    Robotic Process Automation (RPA) solutions allow banks to automate routine, manual back-office processes and infuse the agility required for rapid digitalization. Download this TCS paper to know more about the common RPA implementation challenges and the RPA best practices to enable smooth adoption. Read more!
    White Paper
    23 May 2018
    Creating the CMO-CDO bridge to unlock the power of data-driven hyper-personalized and agentic experiences
    It is vital for CMOs-CDOs to collaborate to unlock the potential of their marketing and data capabilities and create a personalized CX in financial services.
    Blog
    11 Aug 2025
    Capital Markets This will open an overlay

    Unlocking Exponential Future Growth in Capital Market Firms

    Capital market firms must build trust through purpose-driven and innovative models to weather disruptions and ensure adaptability and shock-proof growth.
    Learn More
     about Unlocking Exponential Future Growth in Capital Market Firms
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    Northern Trust’s Modernization Journey with TCS BaNCS
    Kevin Blair, Director of Securities Services Strategy at Northern Trust, discusses asset servicing modernization and the transformative partnership with TCS BaNCS.
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    13 Jan 2025
    Wealth Advisory Solutions for Financial Service Advisors | TCS
    TCS’ Wealth Advisory solution’s helps financial advisors recommend better-informed, personalized investments to clients aiding in client retention. Visit website to know more.
    Solution
    17 Aug 2022
    Adopting a Hybrid Capital Introduction Model in Hedge Funds
    As demand for digital business models grows, prime brokers must embrace hybrid capital introduction in hedge funds to stay competitive in the market. Learn more.
    White Paper
    30 Jun 2022
    Insurance This will open an overlay

    Reinventing the Insurance Industry with a Digital-first Strategy

    TCS’ solutions, powered by AI and automation technologies, help leverage partner ecosystems and drive innovation in insurance for business agility and growth.
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     about Reinventing the Insurance Industry with a Digital-first Strategy
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    How TCS helped Sun Life transformed its customer experienceCMS
    Read how TCS transformed Sun Life’s content management system and process to help achieve its vision to provide personalized CX.
    Case Studies
    30 Jun 2022
    TCS’ Underwriting Transformation Solution
    TCS’ Underwriting Transformation Solution addresses three key areas: ML-based information extraction, modelled and non-model losses and analytics to estimate probable financial losses, and supply-side disruptions.
    Solution
    25 Jun 2020
    TCS Named a Leader in Digital Services in Life and Annuity Insurance
    Everest Group assessed 21 insurance carriers and named TCS a leader in digital services in L&A insurance for its domain expertise and innovation strategies.
    Analyst Reports
    04 Apr 2023

    Solution

    TCS BaNCS™ This will open an overlay

    TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions

    Offering Software-as-a-Service across a stack of solutions and applications, TCS BaNCS facilitates smooth transformation in financial services and drives growth.
    Learn More
     about TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions
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    Related Insights
    Transforming Payments with Cloud-based, Microservices Architecture
    Learn how TCS BaNCS Enterprise Payments Hub is driving hypergrowth in payments, enabling banks with scalability, reliable connectivity, and expanded flexibility.
    Article
    11 Nov 2024
    TCS BaNCS Powers Payments Transformation at Banque Saudi Fransi
    Tata Consultancy Services’ Solution Centralizes and Standardizes Domestic and International Payments Processing at One of the Largest Banks in KSA
    Press Releases
    17 Jul 2023
    TCS Expands Strategic Alliance with J.P. Morgan’s Securities Services
    Tata Consultancy Services’ TCS BaNCS™ will Help Standardize and Streamline Processes in Over 100 Markets and Further Enhance Customer Experience
    Press Releases
    15 Sep 2023
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    Highlights

    • Strate: South African CSD goes live with TCS BaNCS for market infrastructure across all asset classes 
    • Standard Chartered Bank Indonesia: Deployment aligns SC Indonesia with global TCS BaNCS-powered solution of Standard Chartered 
    • Banque Saudi Fransi: TCS BaNCS to enhance customer experience for one of the largest banks in the Kingdom of Saudi Arabia 

    TCS BaNCS Customer Newsletter 32

    The 32nd issue of the TCS BaNCS Customer Newsletter features stories from South Africa, Bahrain, the United States, Indonesia, the Nordics, Saudi Arabia, and Israel. 

    Over the past few years, we have transitioned TCS BaNCS to a Digital First, Cloud First approach, fostering greater agility, scalability, and automation for our clients. Before 2020, financial services firms strived to achieve a balance between the digital and physical worlds but mostly skewed towards the latter. Now, these organizations have changed gears and are actively working on minimizing in-person contact or sharing screens by deploying digital apps, payments, and video banking. Our capabilities within TCS BaNCS are well-positioned to support our clients in implementing the aforementioned, much-needed measures.

    The newsletter features:

    • Strate Pty Ltd, the Central Securities Depository (CSD) deployed the TCS BaNCS for Market Infrastructure for the electronic settlement of financial instruments in South Africa, across five exchanges. The implementation covers all markets and asset classes and marks a significant transformation in the South African securities market.
    • Continental Bank, a privately owned commercial bank headquartered in Salt Lake City, Utah selected TCS BaNCS Cloud for Banking to unify its offerings, integrate lease applications, and offer its small and medium business customers a superior banking experience. The solution will help the bank quickly create and launch new products and connect with preferred partners in the larger banking and fintech ecosystem.
    • Banque Saudi Fransi (BSF) selected TCS BaNCS Global Banking Platform to provide seamless and contextual customer experiences with a digital core. The new platform will be deployed across BSF’s corporate and retail banking groups, Islamic Banking and payments, and will ensure full compliance to SAMA guidelines.
    • Sweden’s Länsförsäkringar Bank won the 2020 Celent Model Bank Award for Core Technology Replatforming, for its successful core transformation powered by the TCS BaNCS Global Banking Platform.
    • Standard Chartered Bank Indonesia: In 2018, the Indonesian Financial Services Authority ruled that all financial institutions, including custodians and sub-custodians, would be required to host their IT infrastructure within the country. To comply with the new regulations, Standard Chartered Bank Indonesia made the strategic decision to switch onto the TCS BaNCS solution used by Standard Chartered globally and deployed new IT infrastructure.
    • Solidarity Bahrain: In 2020, Solidarity Bahrain successfully replaced its legacy core insurance solutions with TCS BaNCS for Insurance. Following an extensive vendor selection exercise, Solidarity Bahrain selected TCS as the most suitable option in terms of technical ability, value-added features, and commercial presence in the marketplace. The deployment was completed in just eight months, owing to the close cooperation between TCS and Solidarity Bahrain resources.
    • Bahrain National Holding: BNH commenced with a project to unify all its core insurance solutions onto TCS BaNCS, end-to-end across business lines, including underwriting, claims, reinsurance, document management, workflow management, accounting, and other areas. The phased go-live for medical insurance began before pre-covid in January 2020 and the largest milestone was planned for April 2020 with the transition of motor insurance. The deployment of TCS BaNCS across the organization has enabled BNH to improve workflow, implement process improvements, and modernize product offerings.

    In addition to the magazine format, we've redesigned the newsletter for easy accessibility on mobile phones and tablets

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    TCS BaNCS Customer Newsletter – Edition 34

    Report | 24 Feb 2023   Opens in new tab

    TCS BaNCS Newsletter on Banking, Insurance, and Capital Markets

    Report | 23 Feb 2023   Opens in new tab
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