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    • Overview Press tab for submenu items

      Find the latest news about TCS in our Newsroom

      Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.

      Discover more
    • Press releases

      Recent Press releases

      05 May 2025 Jazeera Airways Partners with Tata Consultancy Services to Power AI-led Transformation, Reimagine Digital Customer Experience
      02 May 2025 IBM, Tata Consultancy Services and Government of Andhra Pradesh to Deploy India’s Largest Quantum Computer in the Country’s First Quantum Valley Tech Park
      30 Apr 2025 TCS Collaborates with SAP to Enable Enterprise-wide GenAI and Cloud Adoption For its Customer
      View all
    • News alerts

      Recent News

      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
      View all
    • Analyst recognition

      Recent recognitions

      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      19 May 2025 TCS at Sapphire 2025
      View all
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      Tata Consultancy Services Limited
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      Discover more FY24-25 debrief
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    • Banking

    North America - TCS 2021 Global Financial Leadership Study

    Share TCS 2021 Global Financial Leadership Study
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    Industry

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    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.
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    Related Insights
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    UK banks and building societies must adopt effective customer retention strategies for better customer engagement and experience at every life stage. Know more.
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    Learn about the key changes IFRS 18 introduces in MPM, their impact on BFSI financial reporting, and the essential steps CFOs must take for regulatory compliance.
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    TCS at the AWS Financial Services Symposium New York 2025
    Meet us at the AWS Financial Services Symposium to hear our clients’ transformational stories and how we help them embark on their cloud transformation journey.  
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    15 May 2025

    Regional spotlight: North America

    • Our study findings show most North American finance leaders are anticipating their FP&A teams will play a key role in driving recovery and supporting sustainable growth in the post-pandemic era. Are they ready for the challenge?
    • In this article, you’ll uncover unique insights about how large enterprise finance leaders in Canada and the U.S. compare to other regions.

    Insights in this article

    Survey inpage
    Essential takeaways inpage
    Organizations inpage
    Infographics inpage
    Survey inpage
    Essential takeaways inpage
    Organizations inpage
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    Survey Essential takeaways Organizations Infographics

    TCS surveyed 750 global financial leaders across the 9 countries.

    Specifically, we asked about their:

    • Current FP&A strengths and weaknesses
    • Priorities for investment and improvement

    Essential takeaways

    North American FP&A functions have invested in a range of capabilities and tools to support their organizations’ drive for sustainable growth.

    • 54% of the North American businesses we surveyed are confident that they can rapidly create multiple, detailed “what-if” scenario models based on a range of possible internal and external factors, compared with 38% in Asia-Pacific and 43% in Europe & UK
    • 50% say their organizations can develop aligned and robust budgets, compared with only 40% in both APAC and Europe & UK.

    Organizations

    But for most North American organizations there’s still work to be done.

    • Only 45% of North American organizations overall say they are able to use advanced FP&A technologies, like AI and machine learning


    North American organizations are heeding the call and prioritizing investments to modernize FP&A functions

    • 58% are planning further investment in advanced FP&A technology capabilities, like AI and machine learning

    Infographics

    • Financial planning and analysis (FP&A) teams have a key role in post pandemic recovery. But are they ready for the challenge?
    • FP&A teams are successfully forging ahead in the post-pandemic world. But there’s still work to do
    • Trendsetters have higher FP&A maturity levels and rely more on data and analytics, and less on intuition, when planning and forecasting.
    • Finance executives revealed what they consider their biggest gaps in FP&A capabilities.

    Belief in action

    1/4
    Banking

    Adopting Effective Customer Retention Strategies in UK Mortgage

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    2/4
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    Distributed Ledger Technologies and Blockchain Systems in UK Mortgages

    White Paper | 24 Apr 2025   Opens in new tab
    3/4
    Banking

    Adopting digital technologies for seamless digital mortgages

    White Paper | 24 Apr 2025   Opens in new tab
    4/4
    Banking Consulting

    TCS Digital Mortgage Suite: Improved Customer Experience and Growth

    Solution | 24 Apr 2025   Opens in new tab

    Adaptability starts here

    Reimagine your future.

    Connect with us

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