[nilesh]

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Hi I would like to have the information about how TCS assisted Bank of India in achieving the goal to increase effi¬ciency in operations?

[Vishal Kotkar]

Established in 1906, Bank of India (BOI) today has more than 4,322 branches, including 141 particular branches, crosswise over India.

With a perspective of refreshing their legacy frameworks, Bank of India was investigating a treasury answer for give savvy, responsive administrations to its interior and outer partners.

Tata Consultancy Services (TCS) utilized its Treasury arrangement from TCS BaNCS to bring the treasury operation of BOI onto a solitary incorporated stage. As one of the world's quickest developing innovation and business arrangements suppliers, TCS BaNCS produce speed-to-market for BOI through instructive basic leadership and expanded treasury operational effectiveness by more than 30 percent, bringing about total security and control over data stream, enhanced productivity and in addition operational adaptability.

TCS BaNCS is a core banking software suite created by Tata Consultancy Services for use by retail banks.

It incorporates capacities for widespread saving money, center keeping money, installments, riches administration, forex and currency markets, consistence, protection, securities preparing, guardianship, monetary consideration, Islamic managing an account and treasury operations. There are likewise modules that arrangement with capital markets and the protection business.

Software products

BaNCS offers a suite of products, which are at regular intervals evaluated by independent research firms like Forrester.

The list of products include.
• Core Banking Solution ( UBS )
• Internet Banking Solution
• Treasury Solution
• Wealth Management Solution
• TCS BaNCS Payments Engine
• Securities Processing
• Mobile Banking Solution
• BaNCS Custody
• Corporate Actions
• BaNCS Digital
• Money Markets & Forex - MMFX
• BaNCS Insurance
• Branch Channel