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Industry
Banking
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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.
Related Insights
Learn how TCS BaNCS Enterprise Payments Hub is driving hypergrowth in payments, enabling banks with scalability, reliable connectivity, and expanded flexibility.
Article
11 Nov 2024
Robotic Process Automation (RPA) solutions allow banks to automate routine, manual back-office processes and infuse the agility required for rapid digitalization. Download this TCS paper to know more about the common RPA implementation challenges and the RPA best practices to enable smooth adoption. Read more!
White Paper
23 May 2018
It is vital for CMOs-CDOs to collaborate to unlock the potential of their marketing and data capabilities and create a personalized CX in financial services.
Blog
11 Aug 2025
AI-powered automation frameworks help reduce manual intervention, improve accuracy
Financial spreading is the process of presenting financial information at a granular level to aid strategic functions. Currently, financial spreading is predominantly manual or at best a semi-manual exercise. Manual processes demand skilled resources and are expensive and error-prone which means that the analyses and inferences may not be reliable. This could compromise the quality of strategic business decisions underscoring the need for a higher degree of spread accuracy, which is where automation comes in. However, diverse technology stacks and non-standardized formats mean that conventional automation may not work. This paves the way for the adoption of an AI-powered financial spreading automation framework underpinned by natural language processing (NLP), robotic process automation (RPA), and machine learning (ML). With an AI-powered framework, banks can:
- Improve the quality of credit decisions and investment advice
- Achieve greater business agility
- Improve credit risk management
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