Digital

CorporateBanking

Blockchain

IslamicBanking

Real-TimePayments

Open Banking

WealthManagement

Retail Banking

Cloud

TCS BaNCS for Universal Banking

http://sites.tcs.com/tcsbancs/

Every �nancial institution today is in a race to enhance customer loyalty by excelling in three areas – speed, convenience and e�ciency. The smart and discerning customer today expects their bank to be omnipresent at the same time unobtrusive, gather deep insights about their wants and future needs, and provide a banking experience that embodies personalization, ease and e�ciency. Enhancing customer experience for a bank means relinquishing traditional and legacy models in favor of diversi�ed revenue streams to o�er a distinctly superior omni-channel customer experience across the entire value chain.

For a bank to become truly digital, it needs an open, vertically integrated stack and a user interface that is intuitive and seamless. It then needs to be able to draw insights from a range of data, while also ensuring high speeds of ful�lment. Enabling a superior customer experience necessitates that banks don’t just modernize their digital channels but also address their legacy core banking infrastructure. They need to transform it in a way that gives them the freedom to innovate, launch new solutions faster and become trusted advisors to their customers through an ecosystem of solutions, enabling them to make the best possible �nancial and commercial decisions.

TCS BaNCS for Universal Banking

Key FeaturesTCS BaNCS for Universal Banking is a suite of next-generation components, including digital and core banking, treasury, wealth management, risk and compliance, payments, securities, clearing and settlement, and reconciliations. In fact, it is designed around a bank’s customers’ needs. It can service a range of �nancial organizations – from the large banks with voluminous transactions and accounts to mid-sized regional banks, credit unions, community and direct banks, and micro�nance institutions on hosted and on-premise environments, through its varied and comprehensive set of functionality.

TCS BaNCS for Universal Banking orchestrates a range of banking and capital market capabilities, with the objective of helping your bank deliver superior customer service. Its ecosystem of o�erings that include digital, analytics, blockchain and cloud can future-proof your �nancial institution, enabling you to embrace innovative technologies and deliver an omni-channel digital experience that exempli�es convenience and e�ciency. By generating valuable insights from transactional data, you can make contextual, targeted and relevant o�ers to your customers while also creating the right models to prevent fraud and crime. The solution’s components allow for maximum business reuse

giving your bank the necessary agility in a changing market and to also manage your API strategy and collaborate with a wider and varied partner ecosystem.

Through our in-house �nancial services-centric analytical models that have been developed from the experience of having deployed fail-proof solutions across more than 370 �nancial institutions worldwide, we can help give your bank a consolidated view of your enterprise and your customers, empowering you with the ability to harness every single business opportunity that comes your way.

adopted to ensure the evolution of the product with a componentized architecture rather than through a ‘big bang’ monolithic change machine.

b) Open Technology Stack with Complete Deployment

Based on J2EE technology, the solution brings portability with a variety of hardware platforms, operating systems and databases. The product is proven to operate e�ciently in virtualized environments. Banks can select a deployment model of their choice - from on premise installations to hosted or managed application services.

a) Componentized Solution built on J2EE technology

TCS BaNCS for Universal Banking integrates an array of product lines, including deposits, investments, consumer and commercial loans, cards, payments and treasury management. A bank can choose to implement all modules of the solution, or select a few, based on its speci�c requirements.

The solution uses rule engines and parameters to clearly de�ne products, customers and related transaction sets. With the help of APIs and Web Services, applications can function in a decoupled manner , isolated from the rapidly evolving world of customer delivery channels. Standards such as BIAN and IFX have been

Wealth Management

RetailBanking

CorporateBanking

IslamicBanking

Securities

EnterpriseCustomer

Customer Product Pricing Rules Audit

Fintechs

Regulators

Partners

Markets

Utilities

A P P D E V E L O P M E N T K I T

Digital

High Performance Solution – Backed by ROITCS BaNCS for Universal Banking directly impacts a bank’s most critical performance areas–-customer engagement, business agility, organizational productivity, operating costs, and regulatory compliance–all of which have a bearing on its pro�tability. Banks have used the solution to achieve tangible business goals.

Thanks to the solution's architecture and availability on the cloud, your Bank can integrate all of the above solutions, thereby, becoming more cost-e�ective and e�cient. The solution is faster to roll out than on premise tools or internally built solutions, and eliminates the need to procure, install, test and plan for backup, recovery and maintenanance of hardware, thereby lowering TCO dramatically.

TCS BaNCS delivers substantial results to banks, through:

Improved return on investment and reduced total cost of ownership

Enhanced e�ciency through automation of standardized and simpli�ed processes

Organic and inorganic growth with unmatched performance and scalability

High �exibility and con�gurability supporting a variety of banking models

Ease of integration through in-built service integration capabilities

Realize the following bene�ts with TCS BaNCS for Universal Banking:Reduced costs: Rationalize IT maintenance costs by phasing out legacy systems and minimizing front-to-back o�ce sta� ratios. Our clients have slashed costs by up to 25% through transaction scalability and lowered the Total Cost of Ownership by as much as 40%.

Full regulatory compliance: Ensure complete adherence to changing regulatory norms, and generate compliance reports easily.

Reduced time to market – Reduce time to market for new products with the solution’s product con�gurator and a repository of business components that can be reused; for e.g. rule-based work�ows allow for unique features such as those speci�c to a geography or type of customer or �nancial instrument.

Employee satisfaction – Through intuitive and e�ective tools, one of our customers was able to double operational e�ciency levels over a period of �ve years.

Superior customer engagement through a single enterprise view: Maximize opportunities for cross-selling and up-selling. O�er personalized services to your customers based on an in-depth analysis of their previous transactions and personal preferences. Improve visibility into enterprise-wide customer relationships, while presenting a consolidated face of the �rm–replete with a wide range of o�erings–to clients.

Improved business agility: By connecting applications, integrating data and through its component-based architecture, this �exible solution contributes to your bank’s business agility in responding swiftly to economic, regulatory and market developments. It supports data transformation for standards such as IFX, BIAN, and ISO 20022. For e.g., with TCS BaNCS for Universal Banking, banks have reduced the time to market for products and services by as much as 30%. Further, banks can facilitate the completion of most processes at the point of contact.

Higher organizational productivity: Eliminate redundancies and make business processes more e�cient.

Cost Saving

Customer Base

Reduce Delinquent Loans

Revenue Growth

Pro�tability Ratio

58

75

60

1530

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Some ROI Derived by our Customers

Increased STP rates by more than 25% at Societe Generale and helped them gain 40% in back-o�ce processing e�ciency

All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained here is correct at the time of publishing. No material from here may be copied, , reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties.

Copyright © 2017 Tata Consultancy Services Limited

IT ServicesBusiness SolutionsConsulting

About Tata Consultancy Services Ltd (TCS)Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other can match.TCS ers a consulting-led, integrated portfolio of IT and IT-enabled infrastructure, engineering

TMand assurance services. This is delivered through its unique Global Network Delivery Model , recognized as the benchmark of excellence in software development. A part of the Tata Group, India’s largest industrial conglomerate, TCS has a global footprint and is listed on the National Stock Exchange and Bombay Stock Exchange in India.

For more information, visit us at www.tcs.com

To know more Visit the

Email:

Why TCS BaNCS

The TCS BaNCS product suite for banking, capital markets and insurance enables business transformation in �nancial services. Increasing operational e�ciency and helping �nancial institutions stay agile, our solutions deliver a competitive edge with unmatched certainty. We aspire to be better than established benchmarks, which is why we have embedded an Alpha (“α”), representing superior returns delivered to our customers, consciously and prominently within our brand. The plug and play, component-based product suite consistently turns in impressive benchmark results, with a �ne-tuned, highly scalable technology architecture that supports �nancial institutions with the highest capacities for transaction volumes, peak transactions per second, and transaction history size. With such a track record, it is only natural that the TCS BaNCS product suite can help �nancial institutions of any size gain a distinct, competitive edge.

tcs.bancs@tcs.comBanking page on sites.tcs.com/tcsbancs/

The TCS BaNCS AdvantageMany banking system transformation engagements fail to meet their stated objectives, and instead involve cost overruns and regulatory �nes due to operational glitches, reputational damage, or attrition of critical personnel. Our constant focus on risk management and cost optimization ensures certainty in delivery and complete customer satisfaction. TCS BaNCS has been consistently rated by leading industry analysts over the past decade as one among the world’s leading banking solutions. By adopting TCS BaNCS, your bank can:

Gain access to high-quality implementation and support services, underpinned by TCS BaNCS’ fail-proof track record of implementing more than 370 banking solutions worldwide

Take advantage of TCS’ global and regional support centers, with our subject matter experts delivering relevant, compelling insights on problem resolution, change management, and service-level management.

Bring all stakeholders up to speed with the solution training programs, conducted through TCS BaNCS e-learning and in-person interactions.