TCS' Success Story: IT firm Emerges as Leader in the field of Digital Banking! Here's How

IT Major, Tata Consultancy Services (TCS) has emerged successful in yet another field. The company recently announced that its flagship product TCS BaNCS has been ranked among the top two best- selling Universal Banking and Pure- play Digital Banking solutions globally. TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks.

It secured the ranking in the IBSI Sales League Tables (SLT) 2020 by UK- based IBS Intelligence. IBS Intelligence Sales League Table is compiled based on verified global sales done by the company and is regarded as the most definitive indicators of measuring sales performance. 

TCS also topped in the investment and fund Management category It is one of the top two supplies in the IBSI SLT Leadership club which is recognized its work across all the categories and in almost all the regions, be it America, Europe, Middle East, Africa or Asia- Pacific regions.

“We believe that in this era of uncertainty, helping our customers build resilience and agility is critical. The TCS BaNCS solution comes with a robust high-performance engine, intelligent core and open banking capabilities that lay the foundation for self-healing, personalization and advanced analytics,” said R Vivekanand, Co-Head, TCS Financial Solutions.”

The company’s ranking is likely to be the outcome of its widespread customer acceptance.