TCS BaNCS instance at SBI now caters to 300 million+ customers, 725+ million accounts and 180+ million transactions per day across 22,000 branches in India

 

Solution

Integrated product suite for banking

With a return to conservative banking practices and revisiting of business models, enterprise risk and performance management is gaining prominence. The need of the hour is to have the right mix of interactive, user-friendly and efficient technologies that deliver flexibility, interoperability and greater operational control.

  • How can we help banks launch new products faster than ever before?
  • How can we help a bank benchmark itself against its top quartile peers globally and then make it competitive?
  • How can we help banks manage risks but also propel them to the next plane of surveillance?
  • It is a response to such questions that enables TCS BaNCS to deliver certainty to customers.

The TCS BaNCS platform encompasses an array of pre-configured, customizable banking products such as Universal Banking, Core Banking, TCS BaNCS DigitalPayments, Compliance, Financial Inclusion, Islamic BankingTreasury and Wealth Management. All these products are integrated across their respective value chains through business process configurability available in the service integrator component of the product suite. Built on open architecture, this component-based product suite leverages service-oriented and event-driven architectures.

 

To know how TCS BaNCS can help you eliminate risks and gain competitive advantages, write to us at tcs.bancs@tcs.com.

Why TCS BaNCS

The TCS BaNCS product suite for banking, capital markets and insurance enables business transformation in financial services. Increasing operational efficiency and helping financial institutions stay agile, our solutions deliver a competitive edge with unmatched certainty. We aspire to be better than established benchmarks, which is why we have embedded an Alpha (“α”), representing superior returns delivered to our customers, consciously and prominently within our brand.

The plug and play, component-based product suite consistently turns in impressive benchmark results, with a fine-tuned, highly scalable technology architecture that supports financial institutions with the highest capacities for transaction volumes, peak transactions per second, and transaction history size. With such a track record, it is only natural that the TCS BaNCS product suite can help financial institutions of any size gain a distinct, competitive edge.