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.
Banking / white paper
Nageswara Rao Patnala
Consulting Partner, Capital Markets, Banking, Financial Services and Insurance, TCS
Yagneswara Sarma Bulusu
Consulting Partner, Capital Markets, Banking, Financial Services and Insurance, TCS
You have these already downloaded
We have sent you a copy of the report to your email again.
Reimagine reference data setup, trades and settlement and asset servicing
Custodian banks are required to offer competitive and cost effective services to their customers while complying with evolving regulations amid cost pressures, operational issues and legacy infrastructure. Adoption of digital technologies in custodian banks is gaining traction to resolve these challenges. In an earlier paper, we examined the ways blockchain implementation can rejig key service areas. We now look at the potential of artificial intelligence (AI), robotic process automation (RPA) and cognitive tools built using machine learning (ML) and natural language processing (NLP) to reimagine custodian banking across areas such as client account setup and maintenance, reference data management, trade settlement and corporate action announcements.
Adopting RPA and AI in custodian banking will help
Driving growth in banking and financial services with digital receipts
Applying GenAI to ‘ISO-rich’ data to disrupt payments
Why commercial banks must prioritize CX improvement
The critical role of the Chief Risk Officer in Mergers and Acquisitions