TCS's banking software, QUARTZ® chosen by the Global Banking Services Division of Société Générale

TCS's banking software, QUARTZ®, has been chosen by the Global Banking Services Division of Société Générale as the core system of the European Platform for its International Operations, covering initially Switzerland, Spain, Germany, United Kingdom, the Netherlands, Belgium and Italy.

QUARTZ® has been selected for both payment and client accounting management systems after an intensive selection process, which included the installation and verification of a Proof of Concept on a server at Société Générale. QUARTZ® will provide Institutional Banks and Corporate Clients banking services in the areas of domestic and international payments, client account management products, billing and other related functionalities.

The comprehensive native features of QUARTZ® in payment and client account management, its multi-entity architecture and outstanding flexibility, and the ability of TKS (TKS-Teknosoft)/TCS (TATA Consultancy Services) to customize and integrate QUARTZ® in record time were the key decision factors.

S. Ramadorai, CEO, TCS, said, "This project is extremely important for us. The challenge will be to integrate a multi-entity solution and interface it with the in-house and external systems of Société Générale. This solution will cover several different European countries. We are confident that QUARTZ® will once again prove its amazing technological advantage over the existing systems."

QUARTZ®is based on an n-tier client/server architecture, and is truly a new generation banking software. This powerful, object-oriented package protects existing hardware and software investments, largely automates front- and back-office operations, provides multiple language support,and offers complete flexibility for future developments. QUARTZ®is a truly state-of-the-art product that serves any international banking project.

QUARTZ® is currently live and being implemented in several other banks in
Europe, Asia and the US.

Prajesh Dhasmana

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development