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Raising the Bar


October 1, 2015

As published in Global Custodian (

N Ganapathy Subramaniam, president, TCS Financial Solutions, in an interview with Global Custodian, explains why innovation in securities processing need not be the “open heart surgery” that many custodians expect.

Excerpt from the interview:

“T2S is driving securities market integration in Europe, and it is now conceivable to have a platform where cash and securities accounts can be integrated to deliver real-time DVP settlement. For many banks, it is a great opportunity to create a shared service and consolidate operations in one place.”

…”What we see is that revenue growth in traditional asset classes like equities and fixed income have come under pressure. Banks have started to look at alternative growth vehicles like Collateral Management, Lending & borrowing, Mutual Funds, Insurance, Investment products, Fund Admin, Housing products, commodities et al.”

…”At TCS BaNCS, we have conceptualized our entire product suite to be a series of enterprise and consumer apps, facilitating automation of the entire transaction value chain aka ecosystem integration.”

Read the complete interview here.