TCS BaNCS profiled in the Woodhurst and Finativ 2024 Report

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TCS BaNCS has been profiled in the Woodhurst and Finativ’s 2024 report

"Powering the Specialist Lenders – The Technology Landscape", that highlights technology vendor capabilities that meet the banking, lending and savings requirements of specialist lenders in the UK.

The report cites that, “TCS BaNCS is widely adopted by global banking institutions and has enabled them to configure and adapt quickly to customer needs, ensuring scalability and efficiency. TCS BaNCS Digital channels deliver a seamless and intuitive omnichannel experience, enabling customers to easily onboard and access wide range of services alongside a holistic view of customer accounts.”

It goes on to highlight the solution’s out-of-the-box functionality supporting various interest rates, methods, capitalization, regular/negotiated and prioritization of payments and delinquency tracking, among others, that make it configurable to customer requirements with minimum effort.

The solution’s web-based channel, with authorization levels for each staff member, is configurable to the finest level of functionality depending on the definition of their job descriptions and duties. It is scalable both horizontally and vertically depending on the number of staff and their usage load. The solution is live across major global institutions, catering efficiently to increasing operation loads.

Read the entire report here Woodhurst Consulting Report - Powering the Lenders

TCS' presence in the building societies sector is reinforced by its strong track record of providing transformative solutions across the UK.

Mansfield Building Society in the UK leveraging TCS BaNCS for Core Banking and TCS’ Digital Home Lending Solution for Mortgage Origination to meet its members’ growing expectations in the online savings and mortgage lending space, while keeping their personal approach, centered around the customer. Read here
Chorley Building Society (UK-based mutual building society) will implement TCS BaNCS for Core Banking, TCS Digital Home Lending Solution for Mortgage Origination, and a new mobile application to transform its core banking infrastructure and front-end digital platforms to deliver a modern digital experience for its members and mortgage intermediaries. Read here

Independent report highlights how specialist lenders in the UK can best leverage technology to remain relevant, innovative, and efficient.

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.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

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.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

TCS BaNCS profiled in the Woodhurst and Finativ 2024 Report

Industry

Solution

TCS BaNCS has been profiled in the Woodhurst and Finativ’s 2024 report

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.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Industry

Solution

TCS BaNCS has been profiled in the Woodhurst and Finativ’s 2024 report

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