At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.
Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
We are a digital transformation and technology partner of choice for industry-leading organizations worldwide.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.
white paper
Nageswara Rao Patnala
Consulting Partner, Capital Markets, Banking & Financial Services, TCS
Yagneswara Sarma Bulusu
Consulting Partner, Capital Markets, Banking & Financial Services, TCS
You have these already downloaded
We have sent you a copy of the report to your email again.
As with other lines of business in the banking and financial services industry, custodian banks are under pressure to deliver competitive and cost-effective services. Given the challenges around stringent and complex regulations, legacy infrastructure constraints, and inefficient processes, delivering high levels of customer satisfaction while containing costs is an uphill task.
So, how can custodian banks offer efficient service despite these challenges? The answer lies in adopting blockchain technologies in areas such as reference data management, collateral management, asset servicing, and reconciliation. In our view, leveraging the wider ecosystem comprising buy-side and sell-side firms, market infrastructure firms, as well as competitors, is the best way for banks to build advanced blockchain solutions. With Blockchain platforms, custodian banks can reap two crucial benefits:
AI Agents: The Next Frontier of Financial Services Transformation
Mitigating Non-financial Risks Arising from Generative AI
TCS Helps Nationwide Building Society Improve Communication and CX
Data Security and Privacy in Multi-cloud Environments in BFSI Firms