TCS announced that Community Savings Bank Association (CSBA) has selected TCS BaNCS on the Cloud as the core banking solution for its member banks across the entire United Kingdom. The vision of CSBA is to have a local network of customer owned, regional banks that create and support wealth creation in local communities.
James M. Moore, Chairman, Community Savings Bank Association, said, “CSBA will introduce a UK-wide network of customer-owned, regional banks in each of the 19 defined regions to serve the everyday financial needs of ordinary people, local community groups, and also support small and medium sized companies. A secure, robust and flexible IT infrastructure is crucial for our operations and TCS BaNCS emerged as the most compelling choice.”