CTBC Bank, Taiwan Modernizes for Institutional Clients with TCS BaNCS
CTBC sought to modernize its technology architecture to tackle the limitations of its legacy system, leading to duplication, inefficiency, and time consuming customizations for regulatory changes. It also intended to address the securities custody needs of institutional customers.
With an evaluation period spanning two years, the bank considered fourteen vendors and finally selected TCS BaNCS Global Securities and Investments Platform. The deployment involved multiple TCS BaNCS solutions including Corporate Actions, Reconciliation, Fund Accounting, End-user Reporting, and Digital solutions.
Read more on how TCS BaNCS enabled CTBC to adopt global standards and best practices with improved automation and enhanced customer experience.