Tata Consultancy Services Ltd.

Rajarambapu Sahakari Bank (RSB), a digitally-progressive urban co-operative bank in India, has selected TCS BaNCS for Treasury to automate its treasury operations. Tata Consultancy Services (TCS) will deploy an integrated platform to strengthen RSB’s digital ecosystem and enable efficient management of investments, money markets, repo, and reverse repo transactions. The transformation will enable the bank to become more agile and responsive to its customers’ evolving needs and strengthen its competitive edge in the financial sector.

TCS has been a growth partner to RSB for over 5 years. The Bank has fully implemented the advanced TCS BaNCS Global Banking Platform, enabling real-time processing across its 50 branches. In the next phase of its digital transformation, the bank is extending its partnership with TCS with the selection of TCS BaNCS for Treasury, a single, consolidated solution with advanced risk analytics and real-time position keeping capabilities, is aimed at enhancing its treasury business by adding more asset classes such as corporate bonds and debentures, reducing manual intervention, increasing STP (Straight-Through Processing), offering new products and aligning with regulatory compliance-related upgrades.

Tata Consultancy Services (TCS) is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, business & technology services, and engineering.