In this video, Joe Reilly, CIO, Zions Bancorporation speaks about why they chose TCS BaNCS over eight other vendors to transform their legacy core banking system to a modern core banking system.
Zions Bancorporation has eight independently branded and locally managed banking affiliates and their core banking systems were customized for each banking affiliates, running multiple instances for each solution.
The Core Banking solution from TCS BaNCS will be implemented as a single multi-entity instance, real-time without customization enabling Zions Bancorporation to implement Straight-Through-Processing and realize significant gains in the back-office.
Joe Reilly says, “TCS has strong product vision and strategy, they also had the strongest commitment to the US market place and we very strongly felt that TCS as a highly ethical company was a great cultural fit for Zions Bancorporation”
Learn more about the partnership.
At BAI Retail Delivery 2013, Reilly discussed why the bank holding company decided to replace legacy systems.