KBZSC needed to implement an integrated front-to-mid-to-back office brokerage solution within 90 days. They found a certain way.
KBZSC was one among the five financial institutions to be awarded a securities brokerage license by the Yangon Stock Exchange in Myanmar, when the capital markets opened up in the region. They needed an integrated front-to-mid-to-back office solution that could support the end-to-end trade life cycle and enable new-age digital technologies to deliver a uniform trading experience-all within 90 days. Tata Consultancy Services (TCS) implemented TCS BaNCS for Securities Trading and Universal Banking, seamlessly integrating front and back offices, as well as the corporate actions modules. With a centralized digital trading solution, KBZSC can now view orders and trades across markets and channels and make informed decisions. As one of the world’s leading financial technology providers, TCS helped KBZSC garner 70% market share on the Yangon Stock Exchange, with all clients on boarded to the new solution on the day of launch.