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TCS makes Intel-ligent move for new AI centre

Neon brain. Cpu. Circuit board. Abstract technology background. Vector illustration. Eps 10

Tata Consultancy Services (TCS) will set up an artificial intelligence (AI) “Centre of Excellence” (CoE) with Intel as they join the horde hoping to prosper in this highly competitive market. The new AI CoE will be equipped with the usual technologies and experts to assist “Intel Nervana AI Academy” members – including developers, data scientists, […]

TMX Group to overhaul clearing and settlement tech with TCS Bancs

TMX in major tech consolidation and revamp

Canada’s TMX Group has recruited TCS to help it renovate its clearing and settlement business technology. The Indian vendor will provide “a single, integrated technology platform” to TMX – TCS Bancs for Market Infrastructure – to replace disparate legacy systems deployed by the Canadian Depository for Securities Limited (CDS) and Canadian Derivatives Clearing Corporation (CDCC).

Build your own app with TCS Bancs kit

Tata Consultancy Services

Tata Consultancy Services (TCS) has unveiled its Bancs app development kit (ADK) to let banks design and build their own apps. The firm says the ADK enables financial institutions to build their digital offerings without the need for mobile development skills. The ADK comes with its own array of widgets, controls and components; and the […]

MyState in core banking system consolidation

MyState in digital banking transformation

Australia-based MyState Bank has moved onto a single core banking platform, replacing two separate installations. The solution is understood to be TCS Bancs from TCS Financial Solutions.

South Africa’s Mercantile Bank goes omnichannel with TCS Bancs Digital

Mercantile Bank goes omnichannel with TCS Bancs

South Africa-based Mercantile Bank has implemented a new digital channels platform, TCS Bancs Digital, supplied by TCS Financial Solutions.

Bank Yahav live with TCS Bancs core banking platform: “the world’s most complex IT project”

First core banking site for TCS in Israel

Israel-based Bank Yahav has gone live with a new core banking platform, Bancs, supplied by TCS Financial Solutions. The “pure Java-based” solution is provided on a hosted basis.

Banking Technology February 2017 issue out now

Banking Technology February 2017

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

London Mutual Credit Union live with new core banking and debit card systems

Image source: London Mutual Credit Union

India-based core banking tech provider TCS Financial Solutions has gained its third live site among the UK credit unions for its Bancs core banking system, London Mutual Credit Union.

State Bank of India merges with associate banks

The State Bank of India (SBI) consolidates to create a major heavyweight on the domestic and global scene

India’s government has given the green light to the State Bank of India (SBI) to merge with its five associate banks. SBI is already among the largest an India and a sizeable international player, with the total assets of $400 billion and a network of 16,500+ branches (including over 190 international locations across 36 countries). […]

TCS to deliver cloud-based post-trade processing platform to Sernova Financial

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Sernova Financial, a UK-based provider of turnkey post-trade services, has recruited TCS to deliver a new cloud-based derivatives post trade processing service. The software underpinning this service is supplied by Calypso. TCS says this tie-up “combines Sernova’s capital markets expertise, Calypso platform’s capability and TCS’s bouquet of capital markets solutions”. Venkat Ramasamy, executive chairman of […]

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