TCS BaNCS’ Post

We had a successful event for our Banking customers in the UK, discussing the latest market trends and how TCS BaNCS can help them leverage new opportunities to gain a competitive edge. It was great to meet our clients and discuss how we can help them on their transformation journey. Tata Consultancy Services Tata Consultancy Services - UK and Europe Venkateshwaran Srinivasan S Prahalad Ashok Panda Nicholas Searle Parthasarathy Desikan Jaiwanth Raj Shanker Farzad Yazdi #ukbanking #banking #bankingtransformation #frictionlessjourneyswithtcsbancs

Keep your talent’s skills relevant 🔴 Here’s how to upskill banking talent for digital transformation. Banks and fintechs are competing to offer customers the most attractive services 🏦 But they need skilled talent to innovate and overcome new digital challenges. With insights from Jean-Paul Paumen at Rabobank, here are 3 areas where financial institutions can support talent for digital transformation:  ✅ Leadership upskilling ✅ Customer service and communication ✅ Resilience skills for tech teams Read more on upskilling in the banking industry below. #bankingindustry #bankinginnovation #fintechindustry #digitaltransformation

Banking on innovation! Banking is moving beyond banks. As banking services become embedded in other sectors, this is pushing traditional boundaries to build cross-industry ecosystems and create value at every stage of the customer journey. This boundaryless model, supported by the right intelligence, helps create innovative offerings and experiences. And a humane approach to banking—based on inclusivity and sustainability—drives holistic growth. Banking on purpose-led ecosystems (tcs.com) Let's talk Paul Simpson

"Exciting news! Nitin Sirohi, VP and Global Head TCS BaNCS for Banking, Tata Consultancy Services is set to join us as a Speaker at 8th ALL INDIA URBAN COOPERATIVE BANKING SUMMIT 2024! Get ready for a thought-provoking session filled with invaluable insights and inspiration. Mark your calendars and stay tuned for updates. Don't miss this chance to learn from the best! #crestinfomedia #cooperative #banks #summit2024 #speaker #knowledgesharing"

Banks are innovating to make purposeful advancements in segment specific skills, service models and value propositions to better serve clients. Read the HFS Research report in partnership with Infosys: https://lnkd.in/dM2CqdSF #Banking #DigitalTransformation #FinancialServices Neeraj Jindal

🚀 New Post Alert! 🚀 Check out our latest post: "NBFCs' Unconventional Approach: Winning Over Banking CXOs" 📊💡 Dive into the innovative strategies NBFCs are using to capture the attention and trust of Banking CXOs. This is a must-read for anyone in the financial sector! We'd love to hear your thoughts! Please like, share, and comment on the post to motivate us to create more insightful content. Your encouragement means the world to us! 🌟 #seenrecruit #snrgrowing #wedowhatfitsyourculture #NBFC #Banking #CXO #FinancialInnovation #Leadership #BusinessStrategy #NewPost

Here's how NBFCs can handle increased scrutiny and an uncertain economy: In an ever-shifting economic landscape, Non-Banking Financial Companies (NBFCs) must chart a course that ensures stability and resilience amidst uncertainty. How can these institutions effectively maneuver through choppy waters and emerge stronger? Here are some focused insights: 1️⃣ Agile Risk Management : Prioritize a dynamic risk management approach that anticipates and adapts to changing economic conditions. 2️⃣ Flexible Portfolio Management: Embrace diversification not just as a strategy, but as a mindset. Maintaining a flexible portfolio across sectors and asset classes provides a cushion against market volatility and mitigates risk. 3️⃣ Embrace Technological Advancements: Technology isn't just an option; it's a necessity. Embrace digitization, automation, and data analytics to enhance operational efficiency, improve customer experiences, and stay competitive in a rapidly evolving landscape. 4️⃣ Customer-Centric Focus: In times of turmoil, customer trust is invaluable. Stay attuned to customer needs, offering tailored solutions and proactive communication to foster loyalty and long-term relationships. 5️⃣ Regulatory Compliance: Maintain a stringent adherence to regulatory guidelines. Compliance not only ensures legal standing but also enhances credibility and trust among stakeholders. By honing in on these strategies, NBFCs can navigate the unpredictable terrain of an uncertain economy with confidence and resilience. How do you envision NBFCs navigating these challenges? Share your thoughts below! Follow Vansh Thawani for more empowering content. #FinanceWrapIndia #LinkedInNewsIndia

What can banking leaders do to help sustain positive organizational changes gained from navigating challenges? Stephanie Peskett, Senior Vice President and Partner, reveals the top challenges faced by industry leaders and offers practical solutions to overcome them in this article published by International Banker: https://bit.ly/43VhPVW #StrategyMadePersonal #banking #challenges #bfsi

How can technology and contextual knowledge help create solutions that are driven by purpose? In this issue of TCS BaNCS research journal, we showcase some examples of how purpose-driven solutions can eliminate or reduce friction in customer journeys in financial services. In the article “Eliminating friction in report generation, relationship pricing, and cross-entity transactions”, I share some insights on how TCS BaNCS solution enables frictionless digital financial journeys for the bank and its customers. https://lnkd.in/g8cK7TGV

“Frictionless finance” is a phrase we use to describe an ideal state for customer journeys in financial services. In all our customer engagements and product development agenda, we are constantly striving to eliminate or reduce friction, between customers and their financial objectives. Equally important though is knowing when friction is necessary. Just as a frictionless highway would be unsafe, so would be a “one-click” SMS that empties your bank account. Our goal is to have frictionless customer journeys leading to the moments where friction is necessary and appropriate. In this issue of the TCS BaNCS Research Journal, we highlight several examples across commercial lending, retail transaction banking, asset servicing, etc., as we constantly set the bar higher toward this goal. Grab your copy of our latest edition at Booth #A10, Sibos. Read on: Read on: https://lnkd.in/g8cK7TGV Tata Consultancy Services Tata Consultancy Services - North America #finance #customerjourney #frictionlessjourneyswithtcsbancs #innovation