Streamline your Custody Operations
The custodian market continues its transformation spree that commenced over the last decade, with newer challenges becoming a necessary corollary. The foremost challenge for you is the ability to offer a comprehensive range of custody services while maintaining a balance with technological trends.
There is a need for you to adapt to new technology and processes by re-engineering systems to accommodate transaction processing and hit higher levels of STP to increase operational efficiencies.
The TCS BaNCS for Custody solution is a SWIFTReady highly scalable processing infrastructure, with a robust trade, corporate actions, and cash processing platform which is focused on real-time processing. The enhanced and futuristic functionalities enables you to scale significantly for multi-entity deployments and processing.
Scaling up to a new level of efficiency in custody operations
The TCS BaNCS for Custody solution, fully compliant to ISO 15022/20022 standards, provides you with the flexibility to handle further growth in business while keeping abreast with latest technology and dynamic nature of market standards. The solution offers a wide array of benefits:
- Enhances transaction processing – enables you to offer superior services by providing timely and accurate information and execution at high levels of STP
- Direct connectivity with local CSD/ICSD – facilitates smooth integration with external market infrastructure with the help of the service integrator solution from TCS BaNCS
- Automation of end-to-end corporate actions processing – ensures minimal manual intervention, thus mitigating risk
- Global coverage – comprehensive event type and market coverage for multiple markets
- Modular architecture and rule driven business processes – ensures a high degree of reusability to cater to new markets which in turn leads to speedy time-to-market.
- Corporate Actions – Speed up corporate actions
- Market Infrastructure – Build a strong foundation for business transformation
- Private Banking – Boost advisory capabilities and offer speedy solutions to customers
- Securities Processing – Step up trading with Straight-Through-Processing
- Securities Trading – Enable fast and seamless connectivity in trading
- Service Integrator – The financially aware middleware
- Target-2-Securities – Deal with regulations efficiently