Tata Consultancy Services (TCS) has launched TCS BaNCS Digital, a solution designed specifically for financial institutions in North America.
Using TCS BaNCS Digital, US-based banks can deliver an intuitive, interactive and insightful customer experience.
The company said newly launched solution will also allow seamless integration of various stakeholders in the financial supply chain and its ecosystem.
The digital channel meets the need of customers and delivers simple, insightful and pure banking services.
According to TCS, TCS BaNCS Digital enables convenient, insightful and Any Place Banking to customers at large across segments including individuals, corporations, SMEs or the affluent.
The embedded Digital Insights Layer enables integration to the existing core systems, as well as to the external social world and provides complete information at the hands of clients.
Company officials said the technology can be deployed on top of existing core banking infrastructure, launched as a new digital bank or as a mobile only bank.
“TCS BaNCS Digital is an outcome of extensive research on the convenience-cum-mobility needs of both consumers and enterprise users,” said N Ganapathy Subramaniam, president, TCS Financial Solutions.
Last month, the central securities depository (CSD) for the Finland capital markets, Euroclear Finland, launched a new transaction procession platform, Infinity, powered by TCS BaNCS for market infrastructure.
Last year in December, TCS launched TCS BaNCS Digital, to help financial institutions reimagine the digital experience for their customers and build a seamless and interconnected bank.