Overview
TCS BaNCS for Custody is a SWIFT Ready highly scalable processing infrastructure, with a robust trade, corporate actions, and cash processing platform which is focused on real-time processing. The enhanced and futuristic functionalities enables you to scale significantly for multi-entity deployments and processing. The solution manages high volumes of local as well as cross-border trades apart from the increased diversity and complexity of financial instruments.
Key Features
- Multi-currency, multi-entity, multi-time zone, 24x7 processing capabilities
- Rule-based engine
- Pre-defined templates
- Comprehensive portal
- Automatic work item allocation to the users
- Comprehensive automated end to end trade settlement processing
- Trade affirmation and pre-matching services, while also supporting contractual as well as actual settlements
- Well-knit connections with the markets, information providers, and street-side entities
Key Benefits
- Enhances Transaction Processing
- Facilitates smooth integration
- Ensures highly scalable processing infrastructure
- Enables customized reporting through business intelligence tool
- Ensures a high degree of reusability
- Ensures minimal manual intervention, thus mitigating the risk involved
- Global coverage and Reduced TCO
- Compliance to Global Standards
- Supports Local, Regional & Global Custody in the same application instance
