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.
Whether it’s running a marathon or helping businesses thrive in applying new technology innovations at scale, we understand what it takes to keep pushing the limits of what’s possible.
Through studies, reports and points of view, we deliver forward-looking, practical insights on key issues at the intersection of business and tech.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.
Banking / white paper
Nidhy Pandey
Senior Business Consultant, CFO Strategic Initiatives, Banking, Financial Services and Insurance, TCS
Jm Kumar
Senior Business Consultant, Finance and Reporting, Banking, Financial Services and Insurance, TCS
You have these already downloaded
We have sent you a copy of the report to your email again.
Daily P&L validation – the first step toward better product control
Product control is an integral function within the investment banking division of capital markets. Daily profit and loss (P&L) validation is an important aspect of product control in finance. However, most banks use manual P&L validation leading to delayed processing and incomplete or inaccurate reporting, adversely impacting the strategic decision-making processes. Daily P&L automation has emerged as a key prerequisite to greater accuracy, increased efficiency, reduced operational risks, and better decision-making. Robotic process automation (RPA) technologies offer a way out.
Adopting RPA in P&L automation can help banks improve strategic and tactical decision-making by:
Success, however, will depend on selecting the right processes for automation using RPA technologies. The automation–ability conviction matrix helps banks identify sub functions and processes that are suitable for RPA.
TCS Helps Nationwide Building Society Improve Communication and CX
Data Security and Privacy in Multi-cloud Environments in BFSI Firms
Leveraging Generative AI for Proactive Risk Management in BFSI
Leveraging AI for Effective Economic Crime Risk Management