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.
Vijayaraghavan Venkatraman
Global Head, Risk Management and Regulatory Compliance, Banking, Financial Services, and Insurance, TCS
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Developing smarter capabilities for purpose-driven risk management in banks
The risk function in banks has traditionally focused on enterprise assurance, risk reporting, and regulatory compliance. However, with banks re-prioritizing their agenda to manage pandemic impacts, evolving customer behavior, business model disruptions, and technological advancements, the future of risk management in banking too is set to transform. Banking risk management must become purpose-driven and customer-centric, enable flexibility, deliver enterprise assurance and growth levers, and effectively manage emerging risks such as climate risk. To deliver on these, the banking risk management function will need to embrace a smart risk enterprise with robust risk management frameworks backed by digital technologies. To transition to a smart risk enterprise architecture, banks must:
Bolster risk management frameworks with intelligent insights and automation
Transform capabilities through knowledge and decision models
Ensure an agile operating model
Build a digital core
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