TCS BaNCS for Banking: Accelerating Digital Transformation of Banks

Creating frictionless digital banking experiences

TCS BaNCS provides your bank with the products and technology to meet the opportunities of tomorrow. TCS BaNCS’ open ecosystem enables your bank to do business with anyone, and its rich set of APIs allows anyone to do business with your bank.

Built using cloud-native microservices for maximum flexibility and ease of deployment, the solutions enable faster time to market, faster compliance with new regulations, and an enhanced user experience.

Features

A Digital First, Cloud First core built for advanced banking

Large set of functional components for universal banks, fintechs, and innovators

A microservices architecture, preparing banks for the future

Our Solutions

Innovative and adaptive digital apps and a digital core richly enabled for business, support a wide range of products and services across asset types - assets and liabilities, cash, securities, and crypto assets for a wide variety of use cases in the financial services industry.

Automate end-to-end multi-product payment processing for real-time payment, cross border and domestic payments, direct debits, and cheque processing across multiple geographies with different clearing rules, SLA requirements, account addressing, and messaging standards.

Simplify and improve the performance of advisory tools. Easily onboard new clients, conduct thorough customer profiling and wealth segmentation, analyze client preferences and risk appetites to offer attractive model portfolios, and measure progress on financial goals.

Automate enterprise-wide end-to-end reconciliation processes, maximizing speed, accuracy, and controls while reducing risks and costs.

Digitalize wholesale, commercial credit and loan origination end-to-end through lean lending/credit approval processes and optimized workflows, enhancing turnaround time, predictability, transparency, and smarter decision-making

Gain from a real-time, fully drillable, and aggregated view of quality-assured, audited, transparent global credit risk reference data across business divisions and asset classes. Continuously monitor risk exposure and limit profile/concentrations, asset quality, risk-reward parameters, vulnerabilities, and in-place countermeasures so that risks are constantly optimized and in line with the risk strategy.

Reduce customer onboarding times. Intuitive and optimized processes to help your customers open an account in under 5 minutes.

Manage end-to-end operational functions across front, middle, and back offices. A single, consolidated treasury management platform helps address the specific needs of a treasury of a bank or a corporate.

One-stop future-ready, SaaS-based, industry cloud offering for financial services. Built on a digital core it utilizes cloud-native security deployment and run time features, providing compatible microservices where needed. It enables institutions to leverage the power of open and enriched ecosystems, with curated solutions from a variety of partner solutions residing on the TCS BaNCS Marketplace.

TCS BaNCS Marketplace

The TCS BaNCS Marketplace offers a rich catalog of solutions and APIs from a worldwide ecosystem of solution and technology partners and developers. Organizations can collaborate with marketplace participants and experiment with their offerings in a secure and trusted sandbox environment.

Read more about TCS BaNCS Marketplace

TCS BaNCS Ecosystem

TCS BaNCS Channel Partners

TCS BaNCS’ ecosystem of channel partners, as part of the Global Channel Partner Program, enables us to sell and implement our comprehensive suite of solutions in multiple markets.

Read more about TCS BaNCS Channel Partners

TCS BaNCS Ecosystem

TCS BaNCS Solution and Technology Partners

TCS BaNCS has created an ecosystem for solution and technology partners who bring in the right innovations and enablers that can be quickly adopted by any financial services firm. The TCS BaNCS partner program evaluates, curates, and connects with prospective partners to compose new and innovative OpenX solutions and jointly add value to banks, financial institutions, and insurance companies.

Read more about TCS BaNCS Solution and Technology Partners

Highlights

Functionality

Next-generation, digital core, and advanced depth and breadth of functionality.

Rich API catalogue

Microservices-based, cloud native architecture and rich catalogue of APIs.

Large transformation

Powered 2 largest core banking transformations in Asia, processing 1BN accounts.

Preferred choice

Has been the preference of neo banks, credit unions, and community banks.

TCS BaNCS Cloud for Banking

Ensuring anytime, anywhere digital access, scalability, resilience, high performance, and compliance.

The digital banking solution set up on TCS BaNCS Global Banking Platform and its partner ecosystem has helped us launch operations in a short span of five months, and its intelligent, cloud native digital core and accompanying services have helped us onboard customers since launch.(..).

Mohammed Wassim Khayata
CEO, Al Maryah Community Bank, UAE

In Focus

Revamping Core Banking with Microservices & Cloud

CTBC Bank selects TCS BaNCS

TCS BaNCS helps CTBC to digitally transform its banking and wealth landscape

PostFinance’s 10 years journey with TCS BaNCS

The CEO shares his experiences on how TCS BaNCS for Banking and Payments have transformed the bank.

Transforming payments

Leading banks across the globe have transformed payments with TCS BaNCS

TCS BaNCS Named a Leader in Wealth Management by Everest Group

The report cites TCS’ advisory capabilities specific to all segments along with its excellent execution capabilities, as a key strength.

RECOGNITION

Best Cross-Border Payments Technology Provider 2024

SWIFT certifications for SWIFT gpi

Al Maryah Community Bank and TCS BaNCS won the Global NeoChallenger Bank award from IBSi.

Banque Saudi Fransi - the Best Core Implementation Award at MEA Finance Summit 2022

Create engineered experiences

Let’s collaborate to improve stakeholder experiences in your subscription business.

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TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

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TCS works hand in hand with world-leading investors.

Features

TCS BaNCS Global Banking Platform

TCS BaNCS for Payments

TCS BaNCS for Wealth Management

TCS BaNCS for Reconciliations

TCS BaNCS Corporate Loan Origination

TCS BaNCS Global Risk Management

TCS BaNCS Online Account Opening

TCS BaNCS for Treasury

TCS BaNCS Cloud

TCS BaNCS Ecosystem

TCS BaNCS Ecosystem

TCS BaNCS Channel Partners TCS BaNCS’ ecosystem of channel partners, as part of the Global Channel Partner Program, enables us to sell and implement our comprehensive suite of solutions in multiple markets. Read more about TCS BaNCS Channel Partners

TCS BaNCS Ecosystem

Highlights

Functionality

Rich API catalogue

Large transformation

Preferred choice

TCS BaNCS Cloud for Banking

In Focus

Revamping Core Banking with Microservices & Cloud

CTBC Bank selects TCS BaNCS

PostFinance’s 10 years journey with TCS BaNCS

Transforming payments

TCS BaNCS Named a Leader in Wealth Management by Everest Group

RECOGNITION

Create engineered experiences

Accessibility Adjustments

TCS BaNCS Channel Partners

TCS BaNCS’ ecosystem of channel partners, as part of the Global Channel Partner Program, enables us to sell and implement our comprehensive suite of solutions in multiple markets.

Read more about TCS BaNCS Channel Partners