Helping Financial Services Companies Innovate and Scale Faster

Tata Consultancy Services (TCS) has announced that its award-winning TCS BaNCS Cloud product suite covering banking, capital markets and insurance, is now available on Google Cloud. Built on cutting-edge Google Cloud technology, TCS BaNCS will enable financial services companies with cloud-native capabilities to accelerate digitalization and drive growth and transformation.

TCS BaNCS Cloud based software as a service (SaaS) is a financial industry cloud solution that offers future-ready architecture, cognitive capabilities, and breadth and depth of functionality to be the preferred solution for financial institutions looking to build a new future. – Ready-to-use scalable digital core. The solution helps these organizations improve customer experience, accelerate innovation, enable adoption of new business models, leverage ecosystems, and drive growth.

TCS BaNCS on Google Cloud will leverage Google Kubernetes Engine (GKE), Apigee for API management, database services including native tools and accelerators. The solution makes extensive use of Google Cloud’s artificial intelligence and machine learning tools, as well as its data security and compliance capabilities to help customers accelerate data-driven innovation and business transformation .

“The cloud has become the backbone of continuous innovation for financial services institutions. Our cloud-first approach for TCS BaNCS is a game-changer in reimagining how financial institutions will operate in the future. We are excited to extend our partnership with Google Cloud, to help our customers move to the next horizon of their cloud transformation journey, and launch innovative new offerings, reinvent the customer experience and drive competitive differentiation,” said R Vivekanand, Global Head, BFSI. & Platforms, TCS.

“Financial services organizations implementing their digital transformation initiatives need technologies that enable cloud success at scale,” said Kevin Ichhpurani, vice president of ecosystem and partner channels. global Google Cloud.

“We are excited that TCS is bringing its BaNCS solutions to Google Cloud to equip customers with solutions that will support their global transformation journeys on Google Cloud’s secure and scalable infrastructure.”

The TCS Google Cloud business offers a full suite of services and solutions leveraging its domain-focused innovation and Google Cloud suite of technologies. These services help enterprises achieve superior business outcomes from cloud transformation initiatives to gain resiliency, better customer experience, and the flexibility of an open, scalable, and democratized ecosystem.

At around 11.21am, Tata Consultancy Services was trading at Rs 3,418.40 each, up Rs 41.75 or 1.24% from its previous close of Rs 3,376.65 each on BSE.