Gary Wright, C.E.O., B.I.S.S. Research and creator of the B.I.S.S. business benchmarking concept said âTCS Financial Solutions are one of the worldâs leading companies and itâs no surprise that they have produced a software system that is truly world class. Our benchmarking assessments over the past 6 years have evidenced the ongoing development and advancement of TCS BÎ±NCS into a comprehensive system offering support in corporate actions, which has set new targets in STP and operational efficiencies.
This yearâs benchmarking was searching for value added functionality and services offered by the vendor and how the corporate action system can assist in the compliance with MiFID and bring added values to asset servicing for the investing client.
The benchmarking report describes TCS BÎ±NCS as a system with an extensive range of modules that together produce STP in the corporate actions department. As the modules can be assembled in any combination it offers their customers the opportunity to build incrementally a corporate actions solution. This modular approach also gives the opportunity for all types and sizes of firm to gain similar technological benefits as some of the worldâs leading investment banks. The scalability and flexibility within TCS BÎ±NCS is truly unmatched.
We are extremely pleased that TCS BÎ±NCS has once again gained the B.I.S.S. Accreditation and firmly believe that future years will see this system evolve further and pass new milestones.â
N. Ganapathy Subramaniam, President TCS Financial Solutions said âWe are pleased that TCS BÎ±NCS has surpassed industry expectations during the B.I.S.S. benchmarking process, as it has been our original vision of offering unparalleled, functionally extensive products to solve deep business problems of our customers.â