TCS BaNCS for Corporate Actions
Rule-based driven processing engine with high rates of STP
Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
Rule-based driven processing engine with high rates of STP
You have these already downloaded
We have sent you a copy of the report to your email again.
Asset servicing while becoming more standardized is certainly not getting any simpler. There is a growing need for a comprehensive solution that not only offers high levels of Straight-Through Processing (STP) with a clear focus on processing by exceptions, but also incorporates the latest developments in technology.
The prevailing regulatory landscape requires continuous corporate actions management, risk control, and reporting. Apart from providing enriched and personalized services to clients, there is an ongoing demand to reduce operating costs, manage processing risks and improve efficiency.
TCS BaNCS for Corporate Actions is fully ISO15022, ISO20022 and DTCC20022 compliant, with automated end-to-end processing for all types of events, multiple product types, including derivatives, across all global markets. It supports different business lines, including Custody, Brokerage, Investment Banking, Asset Management, Retail and Private Banking, all within the same implementation.
TCS BaNCS for Corporate Actions offers a comprehensive rules-based driven processing engine with high rates of STP, which can seamlessly interface with any external system, via an Integration Layer or API. It is an award-winning solution deployed at more than 65 clients worldwide. The product is continually evolving with clients proactively contributing to the development of its roadmap, making it a solution designed by the users and for the users.
SRD II has been in discussion and planning for around 2 years. As the SRD II deadline is confirmed now, TCS BaNCS is pushing ahead with its solutions to address and meet the Directive.
TCS BaNCS for Corporate Actions is a SWIFT certified solution that enables enterprise-wide corporate actions automation. The solution has been certified with SWIFTReady labels for more than 10 years now. Read more about the SWIFT certification here.