Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, has successful deployed its core banking solution -- TCS BaNCS -- at China-based Panzhihua (PZH) Commercial Bank in a record time of ten months. This deployment established a benchmark for the corporate banking segment in China. To date, TCS BaNCS has won 16 core banking deals in Greater China.
PZH is the first city commercial bank in China to use the TCS BaNCS solution. The Bank selected TCS BaNCS based on the solution’s highly successful implementation track record, especially in the Chinese market, and an in-depth domain expertise. The core banking modules deployed include deposits, loans, payments, cards and reporting.