Bank Muscat wanted to offer customers multi-channel Direct Market Access and a 2-in-1 account with banking and brokerage facilities. They found a certain way.
Bank Muscat, Oman’s largest financial services provider, wanted to enhance its Investment Management and Private Banking offering by providing its customers with a Direct Market Access and Internet Trading Facility. Tata Consultancy Services (TCS) implemented TCS BaNCS Securities Trading and Securities Processing solution from TCS BaNCS for securities trading, portfolio management, corporate actions and funds in accordance with the regulatory requirements of the region. This solution equipped Bank Muscat’s customers with seamless multi-market, multi-channel portfolio management and trading facilities in GCC countries, and helping the company with integration of internal systems, online risk management and core banking solutions.