Independent research firm cites TCS BaNCS as leader in Customer-Centric Global Banking Platforms report

The report, authored by Jost Hoppermann, along with Christopher Andrews and Joseph Miller, covered TCS BaNCS along with eight other vendor firms. 

 

The report said “Today’s TCS BaNCS has various strong points: It comes with proven business capabilities for retail, corporate, and private banking, and its architecture builds on ingredients like SOA, components, SOAP and RESTful APIs, and API management. Reference clients expressed a high degree of satisfaction with TCS, particularly when it comes to top management’s attention to large scale projects. 

 

A large share of TCS BaNCS revenues drives a well-defined strategy comprising enhancements and topics such as blockchain, support of partner ecosystems, and self-healing systems that will be essential for banks to stay competitive.”

 

Commenting on the citation, N Ganapathy Subramaniam, President, TCS Financial Solutions said: ”We are committed to the journey of ‘simplicity’ in our banking platform, that results in faster roll-out, best-in-class operating model and enviable customer experience. We are pleased to be cited as a leader by Forrester and it is certainly a source of inspiration to continue our focus on simplifying the technology landscape of banks through managed evolution, adoption of cloud and digital centric strategies.”