Product Profile

TCS BaNCS

Tata Consultancy Services

First Release Date: 31.05.1983

Current Version: Version 12

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Language Support:

United Kingdom

Technology Category: Security & Compliance Anti-money laundering (AML) Authentication Compliance/Monitoring Data Protection/Firewalls Fraud Detection Know your customer (KYC) Regulatory Compliance Tax Authorities Data Audit and Reporting Big Data Messaging Market and Reference Data Trading Systems Online Trading OMS/EMS Low latency trading Equities Trading Algo and HFT Buy-Side Back and Middle Office Derivatives/OTC Derivatives Commodity Trading Solutions Buy-Side Front Office Cloud Software Portfolio Management Software as a Service Banking Islamic Finance Correspondent Banking M-Banking/Smart watch Retail Banking Reconciliation Corporate Banking Core Banking Alternative Finance Wholesale/Commercial Banking Online/Internet Banking Transaction Banking Securities Services Investments Investment Management Funds settlement Trade Finance Guaranties Letters of Credit Collections Supply Chain Finance Factoring Open Account e-Invoicing/e-Billing Platform Technology Foreign Exchange Day Trading FX Contacts Institutional Trading Cash Management Cash Flow Management Sweep Accounts Liquidity Management Custody Wealth Management Treasury Fund /Asset Management Risk Management Payments SWIFT Money Transfers ATMs E- Payments Credit Cards

Product/Service Description

TCS BaNCS, from Tata Consultancy Services, is a globally acclaimed software brand that enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies, and other diversified financial institutions.

Each solution in the TCS BaNCS family has been designed to fully integrate with existing business models, enterprise infrastructures and technology architectures. Adopted as a platform of choice by financial institutions around the world of all sizes, TCS BaNCS addresses critical industry needs and enables business transformation by providing customers with scalable, customizable, market-ready solutions.

Built on open architecture, this component-based product suite leverages service-oriented and event-driven architectures. Based on TCS’ in-depth market understanding through numerous interactions with more than 280 customers across 80 countries, this product suite offers one of the broadest end-to-end functionalities for financial services

Customer Overview

Total Number of customers 400+

Customer Size Large Enterprise , Medium , SMB

Customer Type Credit Unions , Central Banks , Commercial Banks , CSD/CCP Officials , Custodians , Fund Managers , FXs , Hedge Fund Administrators , Institutional Investors , Investment Banks , Mutual Fund Administrators , Prime Brokers & Dealers , Securities Lending & Financing Organizations

Target Market Global

Specific georgaphical coverage United States of America

Pricing Model undisclosed

Demo & Case Study Urls http://www.tcs.com/offerings/bancs/resources/pages...

Features

The TCS BaNCS platform for Banking encompasses an array of pre-configured, customizable banking products such as Universal Banking, Core Banking, Payments, Risk Management & Compliance, Financial Inclusion, Islamic Banking, Treasury, Wealth Management, Pr

Benefits

Flexible configuration features.
SOA-enabled infrastructure.
Centralized Customer Information Facility and Risk Management.
Cross channel communication within Branch,
ATM/Kiosk
IVRS/Contact Centre

Platform & Workflow

Server OS AIX (IBM) , HP-UX (Hewiett-Packard) , Windows Server 2008 (Microsoft)

Workstation OS Windows , Unix

Programming Language and API AVA]]

SetUp and Installation Options undisclosed

Deployment Period Within months

Reporting Capabilities Watch-list scanning. KYC / customer due diligence. Intuitive customer monitoring. Configuration of business monitors (rules) and administrative roles. Transaction monitoring. Alert generation. Alert investigation. Regulatory and ad-hoc report generation.

Security Options Advanced

The product/service compliant with the following regulatory standards SWIFT , Basel II/III , BASEL III , Dodd Frank Act , FATCA , IFRS , ISO 20022 , MIFID , PSD2 , SEPA

Connectivity, Hosting and Intergration

Hosting Option Hosted by third party , Inhouse , Hosted by provider

Hosting provider Savvis

Devices Supported Android , iPhone-iPad , Mac , Mobile Web App , Web-based , Windows

Compatibility with Database Management System (DBMS) Oracle, Informix, DB2

Third party integration undisclosed

Support Services

Support Option Online Support , Phone Support , Video Tutorials , Knowledge Base

Additional comments Standard and personalized support models for overall technology efficiency and benchmark maintenance. TCS Support Centers provide training programs for business users and application support professionals worldwide. TCS also provides an Elearning facility to its customers.