TCS BaNCS Unveils Next-Generation Treasury Solution; HDFC Bank to harness integrated platform for greater efficiency

Tata Consultancy Services (TCS), (BSE: 523540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced the launch of TCS BaNCS Treasury 5.0, an enriched version that is set to redefine the standards of transaction processing systems. HDFC Bank, the second-largest private sector bank in India, is one of the early adopters of TCS BaNCS Treasury 5.0. (HDFC Bank was judged “the strongest bank in Asia-Pacific” by The Asian Banker).

NG Subramaniam, President, TCS Financial Solutions, said, “Our relationship with HDFC Bank is a testimony of our commitment to our customers, where our solutions help them transform their businesses. TCS BaNCS Treasury enables banks like HDFC Bank to complement their treasury business with a functionally rich, robust and state-of-the-art technology platform for an agile financial supply chain. We take extreme pride in launching our next-generation treasury solution across the globe.”

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TCS BaNCS Unveils Next-Generation Treasury Solution; HDFC Bank to harness integrated platform for greater efficiency