TCS BaNCS for treasury is an integrated, cross-asset-class platform for front-, middle-, and back-office operations in a treasury function. It is a multi-entity, multi-currency, integrated trading, risk management, processing, settlements and accounting platform, covering specialised and diverse asset-class instruments. It will help the bank streamline workflows and enable decision support by providing real-time, cross-asset-class risk analytics from a single system. The extensive array of asset classes and instruments also make it easier for the Bank to explore a wide range of instruments for portfolio diversification.
As of November 2024, the mindshare of Tata BaNCS in the Core Banking Software category
stands at 5.8%, down
from 6.1% compared to the previous year, according to calculations based on PeerSpot user engagement data.
