Automated processes are increasingly becoming the norm across industries and functions.
With emerging technologies and increasing customer expectations, enterprises in the banking, financial services, and insurance (BFSI) sector are increasingly adopting digital operating models by leveraging intelligent automation to improve process efficiency, regulatory compliance, and stakeholder experience. Adopting a digital operating model enables companies to scale and grow in an increasingly competitive environment while exceeding market expectations.
TCS’ Cognitive Automation Platform uses artificial intelligence (AI) to drive intelligent process automation across front- and back offices. It’s a suite of business and technology solutions that seamlessly integrate with existing enterprise solutions and offer easy plug and play features. TCS leverages its deep domain knowledge to contextualize the platform to a company’s unique requirements.
The absence of a platform with cognitive capabilities poses significant challenges in accelerating digital transformation.
Longer implementation cycles further add to the complexity in incorporating evolving business regulations into operations, leading to diminishing returns, increased costs, and transformation hiccups.
TCS’ Cognitive Automation Platform (see Figure 1) helps BFSI organizations expand their enterprise-level automation capabilities by seamlessly integrating legacy systems, modern technologies, and traditional automation solutions. The platform leverages artificial intelligence (AI), machine learning (ML), computer vision, natural language processing (NLP), advanced analytics, and knowledge management, among others, to create a fully automated organization.
The cognitive automation solution is pre-trained and configured for multiple BFSI use cases.
TCS’ platform offers the following:
Built using a cloud-first approach, TCS’ platform is API-enabled and available on hyperscalers.
It is also available as a software-as-a-service (SaaS) through TCS cloud and allows BFSI organizations to:
The TCS Advantage
TCS’ vast industry experience and deep expertise across technologies makes us the preferred partner to global businesses.
By partnering with TCS, enterprises can enjoy the following advantages: