MoneyWorks4Me

Zions Bancorporation unifies lending operations with TCS BaNCS

16 Apr 2019 Evaluate

Zions Bancorporation has completed its next phase of core transformation by successfully deploying the Tata Consultancy Services’ (TCS) core banking software suite -- TCS BaNCS Core Banking solution for its commercial, industrial, and real estate lending businesses.

TCS BaNCS has replaced Zions' legacy loan systems, which had been customized for each of their affiliate community banks, with a single digital core, as part of the bank's larger strategic vision of modernizing its technology landscape. The bank had earlier deployed TCS BaNCS to transform its retail loans portfolio. Zions is also deploying the TCS BaNCS solution to replace its legacy deposits and teller platforms.

Tata Consultancy Services (TCS) is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Peers
Company Name CMP
TCS 2106.00
Infosys 1029.80
HCL Technologies 1270.00
Wipro 165.50
Tech Mahindra 1550.10
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