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    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.

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      We deliver excellence and create value for customers and communities.

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      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
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      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
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      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
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      TCS is here to make a difference through technology.

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      Discover all solutions
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      • Consumer Packaged Goods and Distribution
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      • ignio™
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      We deliver excellence and create value for customers and communities.

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      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

      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      02 Jun 2025 Siemens Realize LIVE: Discussing Technology and Digital Transformation
      View all
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      TCS works hand in hand with world-leading investors.

      Tata Consultancy Services Limited
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    • TCS and AWS Cloud
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    Improve resilience with TCS Financial Services and AWS Cloud

    Share BFSI Cloud Services to Accelerate Digitization and Achieve Growth
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    Highlights

    • To emerge stronger in the post-COVID world, banking, financial services and insurance (BFSI) firms are looking to build a response strategy for resilience, adaptability and growth.

    • TCS has been collaborating with leading cloud service providers such as AWS to create customized BFSI cloud services that help speed up digitization and help them adapt to the changing business needs. 

    • We have created a BFSI value chain, using next generation technologies such as blockchain, IoT and edge, to provide cloud transformation accelerators.

    In this article

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    Overview

    To emerge stronger and lead in the post-COVID world, banking, financial services and insurance (BFSI) firms are looking to build a response strategy to ensure resilience, adaptability and growth.

    With a commitment to innovate and transform, TCS enables BFSI service providers gain agility to compete in a result-oriented and customer-driven, digital world. TCS has been collaborating with leading cloud service providers, such as AWS, to create customized BFSI cloud services that help:

    • Speed up digitization and adapt to the changing business needs

    • Evolve into purpose-driven enterprise and achieve sustainable growth 

    BFSI service providers harness the power of cloud to deliver omnichannel banking experience along with secure banking services. For greater operational excellence, they are looking at smart contracts and settlements. Enabling these are cloud priorities such as open banking, synergetic regulatory adoption and intelligent SaaS platforms. To leverage these, BFSI players need to modernize by moving away from a mainframe core to public cloud like AWS. AWS Native Services provide BFSI cloud services that enable enterprises to scale and be agile to changing times.

     

    Solution

    TCS has created a BFSI value chain, using next generation technologies such as blockchain, IoT and edge, to provide cloud transformation accelerators. 

    The best practices that guide this suite of banking cloud solutions include:

    • Focus on business value to customize the cloud migration and modernization roadmap instead of adopting a lift-shift approach.

    • Leverage APIs to extend the service fabric on cloud to a greater number of partners and collaborators.

    • Create a self-driving paradigm on cloud using AI/ML solutions.

    • Ensure greater business resilience using low latency, on-premise clouds such as AWS Outposts for customer-facing mission critical needs.

    A plug-and-play, pay-as-you-go, one-stop SaaS platform, TCS BaNCS Cloud has a future-ready digital architecture that offers a range of functionalities, business agility and operational efficiency. TCS BaNCS Cloud offers the rich functionality of TCS BaNCS business solutions across banking, capital market and insurance on SaaS and on-cloud platform using cloud nativity features and already used by 220+ customer across globe. TCS and AWS have joined forces to help BFSI clients build a responsive strategy to ensure resilience, adaptability and purpose-led growth. TCS BaNCS Cloud is also available on AWS. Leading banks and insurance companies such as Bajaj Allianz and Bahrain Development Bank have adopted TCS BaNCS on AWS.

     

    THE TCS ADVANTAGE

    • TCS products and accelerators: Powered by proprietary solutions for cloud modernization including Cloud Counsel, TCS iCMC, Cloud Mason, Cloud Migration Factory, Cloud Exponence, DATOM™, DAEZMO™, TCS QET Platform, TCS MasterCraft™ Transform Plus.

    • Mainframe modernization: Helps reduce mainframe dependency and ascend to AWS Cloud using pattern-based architectures and accelerators such as TCS MasterCraft™.

    • Cloud value architecture for BFSI: Combining deep contextual knowledge with AWS' cutting-edge native services for creation of Borderless BFSI Enterprises on Cloud.

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