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    What we do
    • Overview Press tab for submenu items

      TCS is here to make a difference through technology.

      Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

      Discover all solutions
    • Industries
      • Banking
      • Capital Markets
      • Consumer Packaged Goods and Distribution
      • Communications, Media, and Information Services
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      • TCS ERP on Cloud
      • ignio™
      • TCS iON™
      • TCS HOBS™
      • TCS Intelligent Urban Exchange™
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      • TCS Tap™
      • Quartz™ – The Smart Ledgers™
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      • Jile™
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    • TCS iON™
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  • Who we are
    • Overview Press tab for submenu items

      We deliver excellence and create value for customers and communities.

      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.

      Discover the difference
    • About Us
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      Extraordinary expertise leads to remarkable results.

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    • Overview Press tab for submenu items

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

      At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.

      Join us
    • India
      • India
    • Americas
      • Argentina
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    Overview
  • India expand here
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  • Newsroom
    • Overview Press tab for submenu items

      Find the latest news about TCS in our Newsroom

      Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.

      Discover more
    • Press releases

      Recent Press releases

      15 May 2025 TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn
      14 May 2025 TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML
      12 May 2025 TCS Partners with Dhofar Insurance Company to Transform its Core Insurance Platform
      View all
    • News alerts

      Recent News

      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
      View all
    • Analyst recognition

      Recent recognitions

      16 May 2025 TCS Recognized as a Leader in Custom Application Development Services by Everest Group
      16 May 2025 TCS Named a Leader in Application Management Services by Everest Group
      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      11 Jun 2025 TCS at UK’s Future of Utilities Summit 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      View all
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    • Overview Press tab for submenu items

      TCS works hand in hand with world-leading investors.

      Tata Consultancy Services Limited
      NSE:TCS
      INR
      Discover more FY24-25 debrief
    • Management Commentary
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      • Annual Report Section
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      • Download TCS Data Sheet
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    • TCS BaNCS™
    • Newsletters

    TCS BaNCS Customer Newsletter 33

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    Products & Platforms

    Solution

    Highlights

    • Emirates NBD, a leading banking group in the Middle East centralizes on international payments hub 
    • CTBC Bank, Taiwan modernizes for Institutional Clients on the TCS BaNCS Global Securities Platform 
    • At Standard Chartered Bank, the innovation agenda aims to drive efficiency in end-to-end processing 

    TCS BaNCS Customer Newsletter 33

    The 33rd edition of the TCS BaNCS Customer Newsletter highlights several trusted partnerships and insights from our solution experts and SMEs. 

    The newsletter features:

    • Emirates NBD, a leading financial services group in the MENAT began a large-scale transformation program across its entire operations. Emirates NBD’s vision was to create a centralized payments system to transform payments processing across all its entities in six countries and to standardize processes for payments. Emirates NBD assessed multiple payments systems and TCS BaNCS for Payments checked all the boxes for Emirates NBD to successfully reach the objective of transforming the way payments are processed today in the bank. TCS BaNCS enabled Emirates NBD to centralize multi-entity, multi-currency and multi-channel payments on a single platform.

    • Old Mutual is South Africa's first mutual life assurance society employs over 30,000 people and operates in 14 countries across Africa and Asia. As a part of its strategic initiatives, Old Mutual is launching a new line of savings and Income products and TCS BaNCS was selected as its delivery partner for the program. The insurer piloted its new insurance platform based on TCS BaNCS for Insurance, prior to a complete go-live in 2021. Building on a three year long working partnership, TCS BaNCS seamlessly carried out this challenging transformation across 24 insurance products. 

    • Standard Chartered Bank offers banking services across Asia, Africa, Europe, the Americas, and the Middle East. The bank is present in 59 markets and serves clients in a further 85. To further their innovation agenda, the bank decided to bring in enhancements to their data management and cloud architecture, which required the creation of a set of comprehensive APIs. To facilitate this, Standard Chartered needed to unify its implementations of TCS BaNCS for Custody and Corporate Actions platforms. With 70 percentage of its markets currently operating on the new integrated platform, the project marked a major milestone in the bank’s cloud-first journey, providing a strong and scalable core banking platform, enhanced customer service, ISO 20022 support and cloud-native capabilities.

    • CTBC Bank, Taiwan sought to modernize its technology architecture to tackle the limitations of its legacy system, leading to duplication, inefficiency, and time-consuming customizations for regulatory changes. It also intended to address the securities custody needs of institutional customers. With an evaluation period spanning two years, the bank considered fourteen vendors and finally selected TCS BaNCS Global Securities and Investments Platform. The deployment involved multiple TCS BaNCS solutions including Corporate Actions, Reconciliation, Fund Accounting, End-user Reporting, and Digital solutions.

    • Magma HDI General Insurance: TCS BaNCS has a longstanding relationship with Magma HDI from 2012, when they selected TCS BaNCS for Insurance as their core insurance platform. Magma HDI has deployed TCS BaNCS for Property & Casualty Insurance’s functional modules for quotation, underwriting, policy issuance, policy servicing, claims, reinsurance, correspondence, and finance and accounting services to support multiple lines of business. To facilitate a quick go-to-market strategy and enhanced profitability, Magma HDI decided to deploy a modern core insurance platform and a faster full-service approach, with TCS BaNCS as their solution partner. TCS BaNCS is supporting Magma HDI towards their vision of a low-touch, AI-driven claims processing with their new launched claims adjudication platform MAGIC (Magma-HDI General Insurance Claim).

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    TCS BaNCS Customer Newsletter - Edition 31

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    TCS BaNCS Customer Newsletter – Edition 34

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    TCS BaNCS Customer Newsletter – Edition 32

    Report | 22 Feb 2023   Opens in new tab
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