PostFinance Leverages TCS BaNCS to Launch Crypto Asset Services

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PostFinance has successfully launched crypto asset services for its customers in Switzerland with the TCS BaNCS Global Securities Processing Platform. With this launch, the bank’s customers can invest and securely manage multiple cryptocurrencies in a convenient and transparent manner.

The TCS BaNCS Global Securities Processing Platform deployed at PostFinance is digital asset enabled, allowing off-chain management of the investment lifecycle of cryptocurrencies, including settlement and custody.

This solution will help PostFinance customers invest and track their cryptocurrencies from as little as USD 50 onwards from their private or savings accounts in real-time, with no limitation on the number of cryptocurrencies. New cryptocurrency products can be launched in real-time by PostFinance by extending the flavors of traditional asset classes while retaining the crypto nuances.

The digital asset solution enables instant decisions for 24/7 investments in a volatile market by consuming real-time price feeds. This is further complemented by cryptocurrency-specific precision accounting, ensuring the solution is future-proof, built for agility, and compliant with Swiss regulations.

TCS BaNCS Global Securities Processing Platform provides an end-to-end solution for leading investment banks, brokers, wealth managers, private banks, and universal banks. It provides automated end-to-end processing across trading, settlement, accounting, and asset servicing for a wide range of asset classes, including digital assets. As the use cases for digital assets continually evolve and technology trends reshape the industry, this solution accelerates digital asset adoption within the overall financial services ecosystem by harnessing a rich catalog of APIs and the latest technologies.

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TCS is here to make a difference through technology.

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Find the latest news about TCS in our Newsroom

Recent Press releases

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TCS works hand in hand with world-leading investors.

PostFinance launches crypto services

Industry

Solution

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

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