🎉🎉🎉Happy to share that TCS BaNCS has won the "Best Strategic T+1 Partner" at the FTF Technologies Innovation Awards 2024. https://lnkd.in/gagEqdGm #securitiesprocessing #t1settlements #securitiestrading #frictionlessjourneyswithtcsbancs
TCS BaNCS
IT Services and IT Consulting
Mumbai, Maharashtra 16,802 followers
Creating Frictionless Digital Financial Services Journeys
About us
“Creating frictionless digital financial journeys”. TCS BaNCS is enabling financial institutions worldwide in structuring and delivering contextual, and frictionless experiences to their customers. From the front office to the back office, be it retail or commercial banking, be it the custody value chain or a private wealth management scenario, we constantly seek new ways to create smoother customer journeys. Deployed at more than 450 installations worldwide, it is the largest collection of components, enterprise and consumer apps for the financial industry made available through the cloud, helping firms become more agile and intelligent by leveraging the power of new and extended ecosystems. • 2 of the world's largest core banking implementations run on TCS BaNCS, processing 1Bn accounts. • 8 of the top 10 custodians worldwide run on TCS BaNCS. • TCS BaNCS for Market Infrastructure performs clearing and settlement in 25+ markets worldwide. • The TCS BaNCS for Insurance solution services over 30 MN Life, Annuity and Pension Policies and 135 MN Property and Casualty policies across the globe. With TCS BaNCS, transformation is within reach. TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 615,000 of the world’s best-trained consultants in 55 countries. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index.
- Website
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https://www.tcs.com/what-we-do/products-platforms/tcs-bancs
External link for TCS BaNCS
- Industry
- IT Services and IT Consulting
- Company size
- 10,001+ employees
- Headquarters
- Mumbai, Maharashtra
- Specialties
- Financial Technology, Digital Solutions, Cloud Solutions, Advanced Analytics, Banking Platform, Capital Markets, Core Insurance, Real Time Payments, Wealth Management, Corporate Loan Origination, Corporate Actions, Securities Trading, Market Infrastructure, Policy Administration, Reinsurance, Asset Servicing, Post Trade Processing, Instant Payments, SaaS Banking, and Treasury Management Solution
Updates
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TCS BaNCS and Fiorano are enabling banks to seamlessly integrate with diverse ecosystems to create new products and services for their end customers. Biju Suresh-Babu, Managing Director – BFSI, Fiorano talks about their experience as a TCS BaNCS Marketplace partner and how they are supporting banks to augment their capabilities through composability and innovation. https://lnkd.in/grWEuWw9 #tcsbancsmarketplace #composablebanking #apimanagement #fintechpartnership
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🎉🎉🎉Congratulations to Multi Commodity Exchange of India Ltd. for wining “Best Financial Market Technology Implementation of the Year” at The Asian Banker Financial Technology Innovation Awards 2024. MCX leveraged Tata Consultancy Services to implement the trading platform based on Deutsche Börse (T7) for Trading and Market Data feeds, TCS BaNCS for Market Infrastructure for clearing, real time risk management, collateral management, and settlement, and TCS BaNCS Trading for trader workstations and member connectivity. https://lnkd.in/g9Mr6G85 #marketinfrastructure #trading #settlements #riskmanagement #frictionlessjourneyswithtcsbancs
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🎉🎉🎉Excited to announce that Tata Consultancy Services has won the Technology Vendor of the Year at the Leaders in Custody awards from the Global Custodian https://lnkd.in/gwKTMCYQ Tata Consultancy Services #corporateactions #securitiestrading #custody #marketinfrastructure #capitalmarkets #posttradeprocessing #securitiesprocessing #assetservicing #globalcustodian #securitiesservices #tcs #tcsbancs
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TCS BaNCS and Gieom, a TCS BaNCS Marketplace partner, are enabling financial institutions to seamlessly onboard customers by simplifying the digital Identity and ID verification process. The Gieom solution, integrated with TCS BaNCS, is reducing the time required for financial institutions to acquire new customers. Listen to Mohammed Shakir Abdullah, Chief Business Officer at Gieom, as he shares his experience with TCS BaNCS in providing a Video KYC solution (an extension to identity proofing) for one of the leading public sector banks from India. https://lnkd.in/gbeD6wzR #tcsbancsmarketplace #identityproofing #digitalidentity #digitalKYC #fintechpartnership
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TCS BaNCS’s real-time, high-throughput trade processing, settlement and corporate actions solution is the answer towards shortened settlement cycle. It can accelerate the journey and improve automation, accuracy and transparency. Write to us at [email protected] to know how we can help you prepare for the next phase of shortening settlement cycles – T+0. https://lnkd.in/gq4j4KvK #t0 #settlementcycle #realtime #frictionlessjourneyswithtcsbancs
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Giles Elliott, Business Development, Capital Markets, TCS BaNCS will be a part of the Hubbis Digital Dialogue Webinar titled ‘Elevating Corporate Actions Data & Delivery for the Wealth Management Industry,’ where panelists will discuss the business and operational benefits of automating corporate actions processing and how financial institutions can overcome the challenges in doing so. The discussion will also highlight what technologies FIs can leverage for end-to-end automation. Write to us at [email protected] to know more. #automatecorporateactions #wealthmanagement https://lnkd.in/g5JWA4GZ
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Egmont Philips from TCS shared insights on what bankers can learn around engagement from Jaguar TCS Racing - Formula E , at The Banking Scene in Brussels. The conference discussed the latest trends transforming the banking and payments landscape. A reoccurring theme was the importance of a composable & componentized architecture approach to drive innovation and future proof strategies for banks. #TBSCONF24BXL #Belgium #Bankinginnovation #frictionlessjourneyswithtcsbancs
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TCS BaNCS and Clari5 (CustomerXPs) enabled a market-leading digital bank implement a real-time fraud detection platform to combat fraud efficiently as it happens, rather than performing a post-facto analysis. Dhruv Manga, Chief Revenue Officer, Clari5, shares his experience as a TCS BaNCS Marketplace partner and emphasizes the importance of integrating core banking and fraud management to prevent fraud proactively. https://lnkd.in/gNBae6uR #tcsbancsmarketplace #FraudDetection #realtimefraudmanagement #fintechpartnership
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Burgan Bank to create a modern core banking solution with TCS BaNCS to drive innovation and strengthen customer relationships across its diversified customer base of corporate, retail, and private banking segments. “TCS BaNCS has a strong presence in Kuwait and the larger GCC region in the form of multiple mission-critical deployments of our solutions at leading institutions. This selection by Burgan Bank is a testament to our continued investments in the TCS BaNCS product suite to make it market-ready, compliant with regulations and our commitment to successful execution”, Venkateshwaran Srinivasan, Global Head, Financial Solutions, TCS. #corebankingsolution #integratedbanking #bankinginnovation #frictionlessjourneyswithtcsbancs https://lnkd.in/gfqmYc7q
TCS BaNCS to help Burgan Bank redefine customer experience and create a modern core banking solution.
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