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TCS inks agreement with Savvis to launch cloud-enabled TCS BaNCS hosted offering

25 Jul 2012 Evaluate

Tata Consultancy Services’ (TCS) - TCS BaNCS has signed an agreement with Savvis, a CenturyLink company and global leader in cloud infrastructure and hosted IT solutions for enterprises, which will allow the TCS BaNCS suite of products to be offered on a cloud-enabled hosted environment in North America.

As part of this agreement, the TCS BaNCS platform will be hosted on Savvis’ enterprise-class infrastructure. The platform comprises an array of customer-configurable solutions, including Core Banking, Payments, Anti-Money Laundering (AML) Corporate Actions and Insurance covering property and casualty as well as life and annuities.

TCS leverages its deep experience of providing similar TCS BaNCS-based hosted platforms in Europe and other parts of the world. The offering allows firms to configure their solution and IT infrastructure needs that will deliver on the ‘We manage, you control’ paradigm, including improvements for firms on their cost per business transaction.

TCS Financial Solutions is a strategic business unit of Tata Consultancy Services. Dedicated to providing business application solutions to financial institutions globally, TCS Financial Solutions has compiled a comprehensive product portfolio under the brand name of TCS BaNCS.

TCS Share Price

2581.65 4.55 (0.18%)
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