9.60 (0.30%) Tata Consultancy Services (TCS) has helped AIB life, the newly formed joint venture between Allied Irish Banks plc and Great-West Lifeco, launch operations in Ireland with a future-ready, digitally enabled, platform that supports its vision to help people on their path to financial security, one step at a time.
The company was selected as the strategic partner to help build a digital first, full-service life company for the Irish market. The company helped create a modern, cloud-based technology stack ground up, with its flagship insurance platform TCS BaNCS at the core that gives AIB’s 3.2 million customers the ability to access financial advice and a range of integrated AIB life protection, pensions, and investment products in their branch, by phone and via the AIB mobile banking app. The solution also integrates with AIB’s nationwide network of 120 financial advisors from whom customers can seek financial guidance.
TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.