TCS BaNCS from Tata Consultancy Services
The TCS BaNCS universal financial solution is designed to help financial services institutions enhance end customer experience, enabling them to embrace open and innovative technologies that embody true digital customer engagement. Deployed at more than 450 installations worldwide, it is the largest collection of components, enterprise and consumer apps for the financial industry made available through the cloud, helping firms become more agile and intelligent by leveraging the power of new and extended ecosystems.
Through our Digital First, Cloud First philosophy that drives all of our product and solution design, we help firms transfer non-differentiated assets to the cloud or an ecosystem of industry utilities and fintech businesses. This, in turn can give the firms increased flexibility together with access to new cognitive technologies such as AI.
By empowering our customers to embrace risks, leverage new and extended ecosystems, and create exponential value---which are key elements of the TCS Business 4.0™ framework --- we are able to foster growth and transformation, equipping financial institutions with a clear and differentiated advantage.
Our banking solution services more than 25% of the global population, with two of the largest core banking installations running on TCS BaNCS, processing more than one billion (1BN) accounts.
Our capital markets solutions cover 100+ countries, with more than 10 MN trades settled and serviced on TCS BaNCS daily, and have driven transformation in markets worldwide.
Our insurance solution services over 20 MN life, annuity and pension policies and 135 MN+ property and casualty solutions worldwide.