Funds settlement

Product Profile

Calastone Settlements

First Release Date:
Language Support:
Technology Category:

Product/Service Description

Calastone Settlements automates the reconciliation and settlement process of investment funds through a single account. All the parties involved in the transaction including fund managers, distributors and transfer agents can gain efficiency using Calastone Settlements. The financial institutions that have leveraged the solution include Schroders and Hargreaves Lansdown.     

Customer Overview

Total Number of customers undisclosed
Customer Size undisclosed
Customer Type undisclosed
Target Market undisclosed
Specific georgaphical coverage undisclosed
undisclosed
Demo & Case Study Urls

Features

  • Payment automation with counterparties
  • Real-time visibility of trades and account balances
  • Automated reconciliation and back office operations

Benefits

  • Automated matching of trades
  • Liquidity improvements
  • Reduction in settlement payments

Platform & Workflow

Server OS undisclosed
Workstation OS undisclosed
Programming Language and API undisclosed
SetUp and Installation Options Flexible
Deployment Period undisclosed
Reporting Capabilities Automated reports containing both internal and external referencing together with the netting reference.
Security Options Advanced
The product/service compliant with the following regulatory standards undisclosed

Connectivity, Hosting and Intergration

Hosting Option undisclosed
Hosting provider undisclosed
Devices Supported undisclosed
Compatibility with Database Management System (DBMS) undisclosed
Third party integration undisclosed

Support Services

Support Option undisclosed

Alternatives

Media Coverage (Quick Links)

Product Profile

TCS BaNCS

First Release Date:
Current Version: Version 12
Language Support:
Technology Category:

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 undisclosed
Customer Type undisclosed
Target Market undisclosed
Specific georgaphical coverage undisclosed
undisclosed

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 undisclosed
Workstation OS undisclosed
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 undisclosed

Connectivity, Hosting and Intergration

Hosting Option undisclosed
Hosting provider Savvis
Devices Supported undisclosed
Compatibility with Database Management System (DBMS) Oracle, Informix, DB2
Third party integration undisclosed

Support Services

Support Option undisclosed
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.

Branches

Support Location 1
Country India
Address Tata Consultancy Services, Unit 6, No. 78, 79 & 83 Whitefield, Bangalore - 560066, Karnataka
Phone +91 80 6725 3000
Email tcs.bancs@tcs.com
Support Location 2
Country USA
Address Tata Consultancy Services, 1 World Financial Center, 21st Floor, New York, NY 10281
Phone +1 212 313 6800
Email tcs.bancs@tcs.com

Alternatives

Media Coverage (Quick Links)