Industry | Banking and financial services |
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Headquarters | TCS House, Raveline Street, Fort, Mumbai - 400 001 India |
Key people | N Ganapathy Subramaniam, (President, TCS Financial Solutions) |
Website | www.tcs.com/offerings/bancs |
Original author(s) | TCS BaNCS - Marketing & Communications |
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Developer(s) | TCS |
Initial release | 2007 |
Stable release | 3.0 / October 2011 |
Development status | Active |
Written in | Java |
Operating system | Cross-platform |
Type | Banking and financial services |
Website | http://www.tcs.com/offerings/bancs/Pages/default.aspx |
TCS BαNCS[1]is a market ready universal financial platform for banking, capital markets and insurance, offered by TCS BaNCS (TCS Financial Solutions)[2] , the strategic business unit of Tata Consultancy Services Limited (BSE: 532540, NSE: TCS).
TCS BaNCS aspires to be better than established benchmarks. Therefore, we have embedded an Alpha (“α”) consciously and prominently within our brand, to remind ourselves of the superior returns that we strive to deliver to our customers.
The TCS BaNCS [3] platform encompasses an array of pre-configured, customizable banking, capital markets and insurance products. All these products are integrated across their respective value chains through business process configurability available via the service integrator component of the product suite. Built on open architecture, this component-based product suite leverages service-oriented and event-driven architectures. Based on TCS [4] in-depth market understanding through numerous interactions with more than 260 customers across 80 countries, this product suite offers one of the broadest end-to-end functionalities for financial services.