TCS Named Leader in the Ovum Decision Matrix: Selecting a Core Banking System in the European Market

ANALYST REPORT

 

TCS Named Leader in the Ovum Decision Matrix: Selecting a Core Banking System in the European Market

TCS BaNCS platform has strong underlying technology architecture, being an n-tier platform designed around use of services and business processes. TCS provides a comprehensive universal banking platform across retail, SME, commercial, and corporate banking. It also provides significant functionality on the capital markets side. The system integrates with internal and third-party systems, taking advantage of its SOA-based architecture and integrating with other systems using services. Business process management capabilities are catered to by solutions from Activiti and IBM WebSphere. The platform is very scalable, with the largest implementation being more than 400 million accounts.

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