Lansforsakringar Bank has successfully deployed Tata Consultancy Services’ (TCS) banking software ‘TCS BaNCS’ for core banking to power the next leg of their digital transformation journey.
To meet the rising expectations of Nordic consumers, create competitive differentiation, and participate in new business opportunities enabled by digital technologies, Lansforsakringar Bank sought to replace its legacy systems with a modern banking and payments solution. It selected TCS BaNCS after a detailed evaluation, for its ability to support the bank's digital ambitions and future growth.
The new solution enables flexibility in services and pricing, and will help Lansforsakringar Bank launch new and innovative products faster. Its architectural features enable easier integration with third party systems. Moreover, a rich API repository will enable Open Banking and participation in the larger ecosystem.
Tata Consultancy Services 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.
