Highlights
TCS BaNCS Banking Platform for Community and Regional Banks
Leverage the power of a secure and futureproof technology ecosystem through a SaaS solution
Abstract:
TCS BaNCS Banking Platform for Community and Regional Banks rests on a strong digital core and is designed to help financial institutions enhance the end-customer experience. The TCS BaNCS solution offers a large collection of components and enterprise and consumer apps made available on the cloud, helping firms become more agile and intelligent.
Challenge
Community banks across the U.S. aspire towards creating a unique digital banking experience and providing their customers with world-class financial services experience. Today’s customers expect seamless banking services across all channels, branches, and points of service, like ATMs and ITMs, and while shopping on the Internet. To be competitive in this highly evolving industry, community banks are required to be highly responsive and provide products that are contextual to their customers’ needs, even as they compete and collaborate with other players in the industry.
Continental Bank transforms with TCS BaNCS
Solution:
The TCS BaNCS Banking Platform for Community and Regional Banks in the U.S. rests on a strong digital core and is designed to help financial services institutions enhance end-customer experience. This enables them to embrace open and innovative technologies that embody true digital customer engagement.
The TCS BaNCS Banking Platform can help your bank leverage the power of a secure and futureproof technology ecosystem through its software-as-a-service (SaaS) solution, enabling a compelling, omni-channel digital experience that offers convenience and intuitive interactions through personalized offerings.
The TCS BaNCS solution encompasses:
Digital banking
Core processing
Online account opening
AML and KYC compliance
TCS BaNCS Cloud for Banking
We selected TCS BaNCS Cloud for Banking for its comprehensive capabilities to support our commercial customer base and to provide convenient online account opening and self-service facilities to our small and medium business clients. With the new platform, we will be expanding our portfolio with newer lending products as well as commercial deposit products and cash management tools, to increase our traction with existing customers while catering to the needs of newer market segments.
Benefits
Improved return on investment and reduced total cost of ownership
Enhanced efficiency through automation of standardized and simplified processes
Organic and inorganic growth with unmatched performance and scalability
High flexibility and configurability supporting a variety of banking models
Ease of integration through in-built service integration capabilities