Insights Driven Business and Operations Framework
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Banking/ Solution
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CHALLENGE
The impact of COVID-19 on businesses has been significant. Capital market firms have especially faced a major jolt as a result of market uncertainty, near zero interest rates, shrinking liquidity and funding, credit tightening, and spike in operational tasks. This has created immense disruption in the short to medium term, leading to decreased consumer confidence, lower margins, increased costs, and reputational risks. To thrive in the post-pandemic world, banks and financial services firms require a data-driven approach to create more value for the business as well as customers.
TCS SOLUTION
TCS’ Insights Driven Business and Operations Framework enables banks to harness banking data using analytics and machine learning to improve operational efficiency and business value. This will help banks overcome the capital market challenges, align their businesses to the post COVID world and explore new revenue opportunities. The key features of the framework are:
BENEFITS
TCS’ framework drives seamless implementation of AI and machine learning in banking to enable financial services firms to:
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