TCS BaNCS enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies and diversified financial institutions. Each solution in the TCS BaNCS family has been designed to run as a scalable and robust service, fully integrated with existing business models, enterprise infrastructures and technology architectures.
The Global Risk Management solution from TCS BaNCS is a service-oriented and high performance 24/7 credit risk platform offering:
- A single source of cleansed counterparty risk data
- A reliable, verifiable and transparent view of credit risk data across source systems and trading platforms
- An integrated feature-rich UI platform for timely and continuous credit risk management and oversight over all risk parameters
- Collateral management facilities at counterparty, facility and trade levels
- Fully digitized and integrated credit workflows implementing delegated lending authorities (DLA)
- Improvements in operational efficiencies through SLA-based workflow management and related MI reporting
- Systematic portfolio monitoring for covenants and excess utilizations
- Extensive audit and historic data capabilities aiding SOX compliance
- In-built adaptors and diverse technology agnostic protocol handlers for easy integration with legacy risk infrastructure, analytical engines and market data providers
