Tata Consultancy Services (TCS) - flagship product, TCS BaNCS has gone live in the United States at BNP Paribas for its custody operations. The platform is used for post trade services for local custody of all major asset classes in the US market and connects directly to the US Depository Trust & Clearing Corporation (DTCC) US DTCC.
TCS BaNCS is a best-in-class solution encompassing all facets of securities services like Trade processing, Clearing and Settlement, Corporate Actions processing, Custody, Position & Collateral Management and Cash Processing. The solution is built on the latest technology, a web-based application with J2EE architecture.
TCS BaNCS provides real time processing and has multi-entity capability to service operational units in a 24/7 environment. The solution provides ease of integration with external market infrastructure such as brokers, depositories, custodians, counterparties and clients internal systems.
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities provider backed by a strong universal bank. It provides integrated solutions to all participants in the investment cycle including the buy side, sell side, corporate and issuers.
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.
| Company Name | CMP |
|---|---|
| TCS | 2581.65 |
| Infosys | 1318.60 |
| HCL Tech. | 1442.50 |
| Wipro | 204.35 |
| Tech Mahindra | 1511.85 |
| View more.. | |
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