Perpetually Adaptive Enterprise
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.
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Perpetually Adaptive Enterprise
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About Us
We deliver excellence and create value for customers and communities - everyday. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
TCS Insights
Point of views, research, studies - on the latest themes - to help you expand your knowledge and be future ready.
Upcoming events
02 Dec 2025
TCS BaNCS at BankenTech 2025 Frankfurt
01 Dec 2025
TCS at AWS re:Invent 2025
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Top Results
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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
Cross-border payments are evolving with new tech like AI and blockchain and multiple payment rails, thus improving efficiency, reducing costs, and enhancing CX.
Article
20 Nov 2025
Join us at the event and learn how TCS BaNCS helps secure digital sovereignty and drives digital payments using next-gen banking tech like AI, cloud, and more.
Events
02 Dec 2025
Join us at the world's leading risk management event where we will host sessions on AI in finance risk management, transforming regulatory compliance, and more.
Events
17 Nov 2025
Insurance
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Reinventing the Insurance Industry with a Digital-first Strategy
TCS’ solutions, powered by AI and automation technologies, help leverage partner ecosystems and drive innovation in insurance for business agility and growth.
Related Insights
Join us at the world's leading risk management event where we will host sessions on AI in finance risk management, transforming regulatory compliance, and more.
Events
17 Nov 2025
In the evolving retirement planning landscape, learn how pension providers must offer digital, AI-driven wealth management solutions to stay ahead in the game.
White Paper
25 Jul 2025
Connect with our experts and learn how TCS helps P&C insurers adopt innovations and build generative AI-ready adaptable systems that maximize business outcomes.
Events
27 Oct 2025
Capital Markets
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Unlocking Exponential Future Growth in Capital Market Firms
Capital market firms must build trust through purpose-driven and innovative models to weather disruptions and ensure adaptability and shock-proof growth.
Related Insights
Join us at the world's leading risk management event where we will host sessions on AI in finance risk management, transforming regulatory compliance, and more.
Events
17 Nov 2025
ISO 20022 adoption is driving changes in the sector, enabling banks to offer value-added services like payment reconciliation, embedded finance, and more.
Article
18 Nov 2025
From trading and customer engagement to fraud management, here are a few areas where GenAI applications can be leveraged in the capital markets space. Know more.
Blog
04 Oct 2023
Solution
TCS BaNCS™
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TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions
Offering Software-as-a-Service across a stack of solutions and applications, TCS BaNCS facilitates smooth transformation in financial services and drives growth.
Related Insights
Cross-border payments are evolving with new tech like AI and blockchain and multiple payment rails, thus improving efficiency, reducing costs, and enhancing CX.
Article
20 Nov 2025
Join us at the event and learn how TCS BaNCS helps secure digital sovereignty and drives digital payments using next-gen banking tech like AI, cloud, and more.
Events
02 Dec 2025
Deployed across retail and corporate banking, the solution offers core banking with support in lending, savings, deposits, payments, trade finance, and more.
Solution
11 Apr 2023
Highlights
- TCS BaNCS for Reconciliations is an intelligent, centralized, and scalable solution to manage financial reconciliations end-to-end, from loading to validating, matching, and reporting.
- Coupled with a powerful cognitive reconciliations engine, enhanced data pre-processing methods, custom reporting/dashboards, APIs for integration, mobility, and online archiving, the comprehensive solution caters to the ever-evolving requirements, ranging from standard industry to client-specific stipulations across cash, security (holding and settled trades), instruction, collateral, OTC derivatives, futures, claims, and accrual reconciliations.
- Available on-premise and on cloud, TCS BaNCS for Reconciliations is a complete BPaaS offering that can help you make the transition from a capex-based multi-tiered solution to a volume-driven opex one.
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Abstract
Reconciliations is a key control function for all enterprises enabling traceability, complete audit trails, and accountability for effective risk and compliance management.
Further, with the institutionalization of reconciliations operations, enterprises today require a robust and scalable reconciliations solution that can enhance processes, reduce costs, and deliver exceptional value.
Over the years, TCS BaNCS for Reconciliations has been emboldened and enriched with a powerful cognitive reconciliation engine, enhanced data pre-processing methods, custom reporting, and APIs, making it a comprehensive, scalable, and cost-effective solution.
Challenge
With intensive scrutiny of financial transactions worldwide, mounting pressures of cost cutting and limitations of outsourcing and legacy systems, it has become imperative for organizations to have a smart and scalable solution that ensures maximum speed, accuracy, and controls in reconciliations.
Over the years, TCS BaNCS for Reconciliations has been emboldened and enriched with a powerful cognitive reconciliations engine, enhanced data pre-processing methods, custom reporting/dashboards, APIs for integration, mobility and on-line archiving. Coupled with strong cognitive operations, change management, agile execution capabilities and intelligent automation, TCS BaNCS for Reconciliations is a comprehensive, scalable, robust, and cost-effective solution.
Solution
TCS BaNCS for Reconciliations, successfully installed at multiple sites worldwide, offers a robust and centralized solution to automate reconciliation lifecycle for all transaction types and financial instruments emanating from any line of business. With its add-on components, it offers enhanced scalability, facilitates self-service for a reconciliation setup, and helps reduce external dependencies and OpEx. It also facilitates exception and workflow management with in-memory, multi-way, and ML-based matching.
Benefits
- Up to 50% faster processes and rollouts with its ML rule-prediction engine, self-service, and agile and DevOps methodologies
- 99% straight-through processing (STP) for SWIFT-based reconciliations
- End-to-end automated reconciliation process eliminating manual touchpoints, driving synergy and standardization across processes, governances, reporting, and technologies.
- Delivers 25%-35% opex savings with multi-tenancy, seamless upgrades, and resource fungibility
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TCS BaNCS for reconciliations
Enable faster speeds and lower risks in reconciliations processing.
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