TCS Commercial Lending

Challenge

Banks need to enable seamless data flow and minimize manual effort to improve efficiency and customer experience while reducing cost. They must graduate from legacy systems to digital lending, deploying next-generation loan management software and commercial lending solutions. Finding the right partner with technology, operations and domain expertise is key to this transformation. Processes have to be redesigned, opportunities right-shored, turnaround time reduced and the change managed.

Solution

TCS Commercial Lending offers end-to-end lending lifecycle management, perfected over 15+ years across multiple geographies. The integrated solution helps banks and financial institutions improve processes, comply with regulations and manage risk. The offering supports an array of financial products and activities covering:

Origination
Servicing for SME
Business banking
Corporate and institutional clients

The digital solutions under TCS Commercial Lending include

Digital loan origination and risk management
Cognitive automated financial spreading using OCR and ML
Automated data extraction and cognitive payments
Workflow manager

Domain consulting service for IT and operations-led transformation covers business analysis, BPM, consulting, and analytics & insights. The digital lending offering also includes comprehensive change management, including testing and enterprise support.

TCS Commercial Lending offers end-to-end lending lifecycle management, perfected over 15+ years across the globe

Benefits

Up to 30% reduction in operational cost by right shoring, more savings with other features
20% increase in productivity using email manager and from right-skilled, cross-trained staff
Up to 50% improvement in loan disbursement turnaround, thanks to improved processes
Reduction in risk exposure, greater control
Up to 95% reduction in customer complaints through digitization
Regulatory compliance using analytics-based modelling, robust governance practices
50% productivity gain by deploying workflow tool and standardizing financial spreads
Unmatched TCS capability to bring about transformational changes

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Recent News

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Recent News

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

TCS works hand in hand with world-leading investors.

TCS Commercial Lending

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Recent News

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Recent News

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

TCS works hand in hand with world-leading investors.

TCS Commercial Lending

Related reading

Role of Data and Analytics in Climate Risk Management in Finance

Financed emissions: Accelerating green and sustainable investments

TCS helps Coventry Building Society modernize its mortgage platform

Helping Rabobank Deliver the Best Technology Solutions